Manchester United’s poor start to the 2023/24 Premier League season has posed more questions on their takeover situation, and Fabrizio Romano has now given an update on the ownership at Old Trafford.
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Manchester United Takeover Situation Clarified
Is the Man Utd Takeover Any Closer to Happening?
Romano has clarified the entire situation regarding the Red Devils ownership and whether the Glazer Family is any closer to selling the club amid pressure from the fans. The journalist claims that “the feeling now is” that the parties involved are now nervous about the situation and are refusing to brief anything on the sale process.
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He wrote on his CaughtOffside column: “The Manchester United takeover saga continues to drag on, and all I’m hearing at the moment is that the parties involved don’t want to talk too much about what’s going on. It’s a bit surprising because things seemed pretty advanced back in March, with the expectation being that it could be done by the summer, before the transfer window, but we’re at the same point.
“At the moment there is nothing imminent, nothing confirmed, but the feeling of sources is that things are still happening behind the scenes of this story, so let’s see. For now, things are being kept quiet and secret, but again the feeling is that things are happening.”
Potential Takeover Options for Man Utd?
Even though the Glazer family hinted at their willingness to sell Manchester United in a statement last year, they have yet to make a final decision despite receiving proposals from multiple parties. Qatari banker Sheikh Jassim bin Hamad Al Thani is reported to have made an offer of nearly £5 billion to purchase 100% in a total takeover.
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The Red Devils have also attracted the attention of British billionaire Sir Jim Ratcliffe, who is reported to have made a pretty lucrative offer to the Glazers. Despite many protests from fans calling for them to sell the club, the Americans have yet to accept any of the offers from the different parties.