The Glazers New Manchester United Sale Plan REVEALED! [Full Details]
The Glazers are set to take Manchester United off the market with a new sale plan revealed, MySportDab reports.
The American investors, who have been in charge of the Old Trafford club for 18 years, put up the club for sale in November, 2022 calling for interested bidders to submit their offers.
They valued the club at £6bn but offers submitted by interested parties have since fallen below the £6bn valuation.
However, reports of an imminent takeover emerged when one of the top bidders, Sheikh Jassim, reportedly met the £6bn valuation and was locked in talks with the Glazers for the takeover before the 2023/24 season got underway.
The takeover process was expected to be sealed as soon as possible before the 2023 transfer window is opened but so far it appears there has been no greenlight from the Glazers to push through the sale.
Two of the frontline bidders for the takeover – Sit Jim Ratcliffe and Sheikh Jassim – are yet to receive feedback from the Glazers after multiple rounds of bids.
Now, according to report from the Mail, the Glazers are no longer interested in selling Manchester United soon and are ready to take off the club off the market.
The report adds the American football investors are exploring chances of increasing the valuation of the club to £7bn – £10bn.
They understand a valuation of the club beyond their original £6bn valuation will scare off potential bidders hence they are ready to take the club off the market and wait till 2025 when they value of the club must have gone up to the £7bn to £10bn valuation.
The new sale decision as revealed by the Mail will definitely not sit set well with Manchester United fans, who have been staging protests asking the Glazers to hands off the club.
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