Report: Glazers considering sale U-turn after bids fail to meet their valuation

The Glazers are reportedly considering taking Manchester United off the market.

According to Mail Sport, the Americans do not feel as though the bids on the table meet their valuation of England’s most successful club.

The Athletic confirmed that out of the two most notable bidders, Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al-Thani, the latter has tabled the highest offer, which is believed to be in the region of £4.5 billion. The Englishman’s bid is £4.3 billion.

However, the valuation set by the current owners is £6 billion, hence their reluctance to oversee a full sale.

Negotiation tactic or cause for concern?

Whilst the ongoing updates can sometimes be frustrating, I’d take them with a pinch of salt. A key brief this week stated that the bidding process was moving to the second stage, with Ratcliffe and Sheikh Jassim (or their representatives) attending face-to-face meetings with the club to discuss the next steps.

This may mean that the rumours of them refusing to sell could be a negotiation tactic.

More Stories Avram Glazer Glazer family Joel Glazer Sheikh Jassim Bin Hamad Al Thani Sir Jim Ratcliffe

1 Comment

  1. Greedy bastards…. Bought the team for nothing…let the facilities rot…new owner assumes the 500 mil… 5 BILLION NOT ENOUGH…. Let’s buy Avram a shave and a haircut

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