Manchester United expect offers for potential takeover in February

An anti-Glazer sticker is pictured on a lamppost nearnear Old Trafford stadium, home ground of Manchester United football team, in Manchester, northern England, on November 23, 2022. - Manchester United's owners said Tuesday they were ready to sell the club after it was earlier confirmed star player Cristiano Ronaldo was leaving the Premier League giants. Weeks of turbulence at Old Trafford appeared to have come to an end when the club announced Ronaldo was leaving with "immediate effect". (Photo by Oli SCARFF / AFP) (Photo by OLI SCARFF/AFP via Getty Images)

Manchester United are inviting formal bids from potential investors over the coming weeks, with a deadline for interested parties set for mid-February. 

That is according to Telegraph Sport, which has reported this morning that offers from the Middle East, Asia and United States are “imminent”.

Lifelong United fan Sir Jim Ratcliffe, who is one of Britain’s richest men according to Forbes, is tracking the situation and whilst he has not yet tabled an offer, he may act by the deadline set by the club.

The coming weeks will be pivotal to the Red Devils’ future as they have urged all possible investors to act on their interest.

This aligns with the previously reported plan of overseeing investment in the first quarter of 2023 and before the end of the 2022/2023 campaign, with Champions League qualification being a factor in takeover talks.

Glazers yet to confirm plans

It is currently unconfirmed from the club’s hierarchy whether these talks are regarding a full takeover or minority investment.

However, with how public the situation has been so far and will be before the deadline, it will likely become clear to supporters soon.

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