Glazers push for £6bn Manchester United sale

I had a number of conversations about the potential sale of Manchester United in London over the weekend. All Reds have their own views on what that should lead to, in terms of ownership models, but ultimately we all want rid of the Glazers.

There were whispers doing the rounds last week that the Glazers could pull off a U-turn and stay the club, but this felt like a strategic tactic from the American family, who I believe are looking for the best price.

Initial bids from Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al-Thani were bound to be pushed back because the first bid is rarely successful. Investors will be expected to increase their offers until Joel and Avram Glazer feel they’re are maximising profits.

However, The Guardian’s Jamie Jackson notes that the American family’s wish to close any deal by the end of March is looking unlikely.

It’s been over two weeks since the soft deadline for bids and we’ve yet to reach phase two of the process being managed by The Raine Group.

Jackson reports: “The Glazers’ price is closer to £6bm but they may countenance an offer in between that and the existing bids. The family’s desire, though, to have any deal agreed in the next month appears in doubt, with a sale by the end of the season more likely as things stand.”

We knew that it was never going to be a fast or even straight-forward process and we can only assume that the Glazers, along with The Raine Group, and running through each detail before moving to the next stage of a potential sale.

This only backs up a previous point made on the blog: the fight against the Glazers is far from over.

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More Stories #GlazersOut Manchester United Sheikh Jassim Bin Hamad Al Thani Sir Jim Ratcliffe

1 Comment

  1. pls the glazer should go we are tired of their reign we want a new fresh air, a new owners and we united fan support Qatar to take over they have the interest of the club in mind. if truly glazer love this club and very dear to them then they should let it go to make us united fan happy

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