Manchester United are reportedly expecting the club to be sold by the Easter period.
Bids from all interested parties in the potential takeover of United should be submitted by 10 pm tonight, though this has been reported as a soft deadline.
There are offers expected from Qatar, from a group linked with the state’s royal family, United States and England, in the form of INEOS’ Chief Executive Officer Sir Jim Ratcliffe. According to The Times, Saudi Arabia could also table a bid, meaning they could own both Newcastle and Manchester United.
The Raine Group are optimistic about negotiations and believe a deal can quickly be agreed upon given the size and stature of the club involved.
Qatar’s involvement in Europe
One issue that may rise should the Qataris win the bidding war is that Qatar Sports Investments (QSI) already own Ligue 1 giants Paris Saint-Germain. UEFA could be forced to investigate the situation if and when the Red Devils return to Champions League action.
