Manchester United takeover: Club still negotiating sale with multiple parties

1 year ago 23
A presumption    of Manchester United's Old Trafford crushed  from the airSheikh Jassim and Sir Jim Ratcliffe's Ineos Group are the main parties trying to bargain the Premier League club

Negotiations astir the imaginable merchantability of Manchester United are inactive taking spot with aggregate parties.

Reuters reported connected Thursday that United were negotiating exclusivity with Qatari banker Sheikh Jassim bin Hamad Al Thani.

It follows increasing speculation Sheikh Jassim's bid is apt to succeed.

However, sources person told BBC Sport exclusivity had not been granted and talks were continuing with funny parties.

At the commencement of this week, reports from Qatar claimed Sheikh Jassim was going to beryllium named United's caller owner, but the work progressive aboriginal issued a clarification.

However, United's stock price, which had risen sharply, did not driblet backmost fully, suggesting a content among investors Sheikh Jassim's effort to bargain 100% of the nine was going to beryllium successful.

Earlier this month, Sheikh Jassim lodged his 5th bid for United, which remains connected the array contempt suggestions helium would not prosecute with the process beyond 9 June.

Sheikh Jassim is competing with Sir Jim Ratcliffe's Ineos Group successful trying to bargain the Premier League club.

Ratcliffe and Ineos are consenting to unafraid a bulk stake, which would let existent owners the Glazer household to clasp practice successful immoderate capacity.

The Glazers announced successful November they were considering selling United arsenic they "explore strategical alternatives".

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