Manchester united takeover news

When they first put the club up for sale in November, they did state that they would "consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the Company". The report states that global investment firm Carlyle Group, hedge fund Elliott Management, investment manager Ares Management and investment company Sixth Street Partners have all made minority investment offers. If the Glazers decide against selling the club to Ratcliffe or Sheikh Jassim, it is said they will need to 'raise significant capital' in order to fund redevelopments at Old Trafford and Carrington and that is where the minority investment comes in. The news comes after United boss Erik ten Hag stressed the need for funds to buy new players this summer, with the uncertainty surrounding the ownership of the club making it much more difficult to navigate the transfer window. Image: Phil Duncan/ProSports/REX/Shutterstock) "No, I don't have influence on that [how much United spend], I don't have and also I don't know," Ten Hag said last month. "The only thing I know is that "The club has to compete for the highest in the world - the "Everyone knows you need funds to construct a squad and high level players cost a lot of money. That's the situation nowadays in top football. I think it's clear what I want, but it's not up to me. "It's about others in this club. The family are the owners, they make the decisions, it's not up to me. I do everything I can and...

The Glazer family have been handed a fresh warning about not selling Manchester United. At the beginning of last week, reports emerged suggesting Joel and Avram Glazer were becoming increasingly confident about remaining in charge. However, with Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani both set to enter a third round of the bidding process, United supporters are urging the Americans to step aside and sell. Manchester United Supporters' Trust (MUST) have sent an urgent message to the Glazers to leave the club. Read what they have to say along with the rest of the takeover headlines below. ALSO READ: Glazers warned of 'open revolt' Manchester United Supporters' Trust (MUST) has warned of an 'open revolt' if the Glazers back down from selling Manchester United. Earlier this week, Full sale 'most likely scenario' Despite the Glazers being reportedly interested in remaining the owners of United, the latest reports claim that a full sale is still the 'most likely option'. Speaking to "When people say they might be confident about staying at the football club, that doesn't mean that it's the most likely scenario from what I'm told from sources. It shows that there are options for them to choose from ahead of the final deadline on April 28. "But it's very complicated if the Glazers stay at the football club unless a minority investor with them staying can provide the financing that allows them to take that approach to move the club forward."

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On Thursday, Ratcliffe put in his second bid after Wednesday's confusion and extended deadline . It followed Finnish entrepreneur Thomas Zilliacus stating he has submitted a bid to buy the Old Trafford club. Zilliacus wants to buy half of the club with the other half bought by fans, who will be part of club decision-making. On Saturday, Zilliacus claimed external-link he had also increased his bid for United overnight. Interested parties had until 21:00 GMT on Wednesday to enter their bids before the deadline was extended. On Thursday, an Ineos spokesperson said: "Ratcliffe and Ineos can confirm we have submitted a revised bid." The Glazer family, who bought Manchester United for £790m in 2005, announced they were considering selling the club in November. The Americans have established a valuation of £5-6bn for United. Ineos wants to buy the combined Glazer shareholding of about 69%, but the Qataris are targeting 100% of the club. Both sides met with United officials earlier in March. • Man Utd bids deadline extended amid confusion • How to Buy a Football Club podcast: Deadline Day Extended Who is Zilliacus? Zilliacus is the founder and chairman of a new social media group Ratcliffe and Sheikh Jassim were the only publicly declared bidders until Zilliacus announced his offer. Zilliacus said: external-link "Any sport club ultimately should belong to its fans. My bid is built on equality with fans. "The current development, where billionaire sheiks and oligarchs take over cl...

Manchester United chief executive Richard Arnold is confident attempts by the Glazers to seek new investment or sell the club will help fund redevelopment at Old Trafford and Carrington, as well as helping to 'build a winning team'. Arnold also insists The Glazer family have READ MORE: They have appointed The Raine Group to oversee the process and a sale could be in place before the end of this season. The American investment bank led the sale of Chelsea to the Todd Boehly-Clearlake Capital consortium. Arnold gave an update on the search for new investment or buyers at a fans' forum in December and said all options remained on the table. “We can’t say a great deal beyond what we announced in our statement – that the club is conducting a strategic review to explore options for attracting new investment into the club, to enhance the club's future growth opportunities," he said. “As part of this process, the board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company. This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club’s commercial operations on a global scale, each in the context of enhancing the long-term success of the club’s men’s, women’s and academy teams, and bringing benefits to fans and other stakeholders. “When and in what form that investment comes remains uncertain, but I feel confi...

Sheikh Jassim has moved to play down speculation that he has won the race to buy Manchester United – but growing reports are adamant the deal is done and a firm announcement is expected imminently. The Red Devils have been up for sale since November when the unpopular Glazers announced they were looking for fresh investment. Having been the majority shareholders of United since 2005, they stand to make a hefty profit on the family’s initial £790m investment. Indeed, Avram and Joel Glazer, who inherited the shareholdings from their late father, Malcolm, appear to have milked the process for all it is worth. However, it finally appears that an outcome to the long-running saga will soon be announced. Sheikh Jassim has made a total of five bids, each one a little better than the last. Per reports, his successful offer is worth an estimated £6bn. The Qatari group behind him also plans to wipe out their £500m debts and invest in upgrading Old Trafford. Furthermore, there will also be significant investment in the first-team squad. As a result, it appears that Sir Jim Ratcliffe and INEOS’ bid for control is due to fail. His offering was worth an estimated £5.5bn, but significantly also offered the Glazers the chance to keep a minority stake. Heavy first-team investment was also on offer, though not to the same top-tier level as Sheikh Jassim. Now it appears that the Qatari bid has been selected with the Sheikh already congratulated on his ‘successful’ takeover. Indeed, Qatari bus...

Sir Jim is believed to have proposed buying a controlling stake in United which will allow the hugely unpopular Glazers to stay in the boardroom in a minority capacity, at least for the next few years. Sheikh Jassim, meanwhile, wants to buy 100 per cent of the club. The bid led by the prominent Qatari banker is favoured by many United supporters as it would come with comprehensive investment in the playing squad and Old Trafford itself. As such, Sheikh Jassim and Sir Jim are not the only parties in the running, with others having proposed to buy a minority stake in the Red Devils. The Glazers remaining at the top of the boardroom would cause outrage among the fanbase, but the American billionaire family do at least have a plan to try and ease tensions. With the poor state of Old Trafford one of fans' key gripes in recent years, the Glazers would reportedly use any prospective minority investment to redevelop the ground. Senior United figures are believed to have been inspired by the Tottenham Hotspur Stadium, which is now a key revenue driver for the north London club. Old Trafford is the largest stadium in the Premier League with a capacity of over 74,000, but its rundown condition meant it was damningly overlooked for the UK and Ireland's bid to host Euro 2028. While the Glazers' reluctance to surrender control of United is supported by the length of takeover negotiations, a decision is expected soon with manager Erik ten Hag With around two weeks needed for Premier Leag...

On Thursday, Ratcliffe put in his second bid after Wednesday's confusion and extended deadline . It followed Finnish entrepreneur Thomas Zilliacus stating he has submitted a bid to buy the Old Trafford club. Zilliacus wants to buy half of the club with the other half bought by fans, who will be part of club decision-making. On Saturday, Zilliacus claimed external-link he had also increased his bid for United overnight. Interested parties had until 21:00 GMT on Wednesday to enter their bids before the deadline was extended. On Thursday, an Ineos spokesperson said: "Ratcliffe and Ineos can confirm we have submitted a revised bid." The Glazer family, who bought Manchester United for £790m in 2005, announced they were considering selling the club in November. The Americans have established a valuation of £5-6bn for United. Ineos wants to buy the combined Glazer shareholding of about 69%, but the Qataris are targeting 100% of the club. Both sides met with United officials earlier in March. • Man Utd bids deadline extended amid confusion • How to Buy a Football Club podcast: Deadline Day Extended Who is Zilliacus? Zilliacus is the founder and chairman of a new social media group Ratcliffe and Sheikh Jassim were the only publicly declared bidders until Zilliacus announced his offer. Zilliacus said: external-link "Any sport club ultimately should belong to its fans. My bid is built on equality with fans. "The current development, where billionaire sheiks and oligarchs take over cl...

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Manchester United chief executive Richard Arnold is confident attempts by the Glazers to seek new investment or sell the club will help fund redevelopment at Old Trafford and Carrington, as well as helping to 'build a winning team'. Arnold also insists The Glazer family have READ MORE: They have appointed The Raine Group to oversee the process and a sale could be in place before the end of this season. The American investment bank led the sale of Chelsea to the Todd Boehly-Clearlake Capital consortium. Arnold gave an update on the search for new investment or buyers at a fans' forum in December and said all options remained on the table. “We can’t say a great deal beyond what we announced in our statement – that the club is conducting a strategic review to explore options for attracting new investment into the club, to enhance the club's future growth opportunities," he said. “As part of this process, the board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company. This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club’s commercial operations on a global scale, each in the context of enhancing the long-term success of the club’s men’s, women’s and academy teams, and bringing benefits to fans and other stakeholders. “When and in what form that investment comes remains uncertain, but I feel confi...