Manchester United’s takeover process has not been paused, contrary to multiple reports.
Speculation quickly circulated yesterday suggesting that the Glazer family had put the brakes on their decision to sell the club, whether it be partially or fully.
However, Mike Keegan of the Daily Mail has today rebuffed those claims and reiterated that the Americans are still mulling over their future as owners while they consider the offers on the table.
MANCHESTER UNITED TAKEOVER LATEST (it's been a while)
🔴Negotiations ongoing with 'multiple parties'
⚫️No pause in the process
🔴Architects not asked for new, scaled-down plans
⚫️Kit deal was factored in to bids (was part of 'bullish' presentations
🖊️https://t.co/NOL5UF0XcP— Mike Keegan (@MikeKeegan_DM) August 2, 2023
The two frontrunners in the race are Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al-Thani, though neither’s proposal has met the £6 billion valuation that the Glazers are hoping to acquire.
Glazers will oversee beginning of 23/24 season
This does, of course, mean that the family will remain owners as United head into the forthcoming 2023/2024 campaign, despite starting the process to consider outside investment back in November 2022. The tedious nine-month wait has only left the Old Trafford faithful feeling further aggrieved.
United kick-off their season against Wolverhampton Wanderers on August 14.
