{"id":630675,"date":"2023-10-15T06:02:01","date_gmt":"2023-10-15T10:02:01","guid":{"rendered":"https:\/\/lastwordonsports.com\/football\/?p=630675"},"modified":"2023-10-15T06:02:01","modified_gmt":"2023-10-15T10:02:01","slug":"sheikh-jassim-withdrawn-glazers-man-utd","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/football\/2023\/10\/15\/sheikh-jassim-withdrawn-glazers-man-utd\/","title":{"rendered":"&#8220;Withdrawn from the Process&#8221;: Potential Buyer Ends Manchester United Takeover Bid"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Sheikh Jassim has ended his effort to purchase Manchester United from the Glazers. This update was reported by Fabrizio Romano, who posted a series of tweets with details surrounding how negotiations broke down.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">[metabet_core_side_odds_tile query=&#8221;soe\/manchester_united&#8221; size=&#8221;350&#215;300&#8243; site_id=&#8221;lastwordonsports&#8221;]<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Sheikh Jassim Has Final Bid Rejected by Glazers and Withdraws from Process<\/span><\/h2>\n<h3><span data-preserver-spaces=\"true\">Latest Details<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">According to Romano &#8211; Sheikh Jassim presented a &#8220;fully cash bid&#8221; for United. His desire was to attain 100% ownership of the Premier League giants. The offer involved clearing all old debt for the Red Devils and starting them off debt-free under the new owner.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Read More:\u00a0<\/span><\/strong><a class=\"editor-rtfLink\" href=\"https:\/\/lastwordonsports.com\/football\/2023\/10\/13\/grading-manchester-united-managers\/\" target=\"_blank\" target=\"_self\"><span data-preserver-spaces=\"true\">Grading Man Utd\u2019s Permanent Managers Since The Departure Of Sir Alex Ferguson<\/span><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">Romano has stated that the Qatari businessman and politician &#8220;had further discussions with Glazers family.&#8221; The Glazers rejected the bid, causing the Shekih&#8217;s team to inform them he was preparing to\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/FabrizioRomano\/status\/1713238564526301529?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">end his pursuit<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/FabrizioRomano\/status\/1713242773296447495?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Romano&#8217;s<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0final tweet brought the official news that Sheikh Jassim had officially &#8220;WITHDRAWN from the process.&#8221; According to the update, the businessman was willing to hand over nearly \u00a35.8 billion to assume complete ownership of the Red Devils.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Watch<\/span><\/strong><span data-preserver-spaces=\"true\">: Last Word on Football look at club culture and why it matters &#8211; Leeds vs. Manchester United<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Club Culture and Why it Matters - LEEDS VS MANCHESTER\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/lmO6T4GTSgg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h3><span data-preserver-spaces=\"true\">Fans Want New Owner<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Some United supporters have demanded a new owner since Sir Alex Ferguson retired in 2013. The Red Devils have failed to win a Premier League title and have not impressed in their European campaigns since the 2017 Europa League Final.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Read More:\u00a0<\/span><\/strong><a class=\"editor-rtfLink\" href=\"https:\/\/lastwordonsports.com\/football\/2023\/10\/14\/italy-betting-allegations-zaniolo-and-tonali\/\" target=\"_blank\" target=\"_self\"><span data-preserver-spaces=\"true\">\u2018Questioned By Authorities\u2019: Two Premier League Stars Removed From Their National Team Training Camp<\/span><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">A\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-10655909\/Uniteds-Glazer-family-sink-new-low-four-percent-fans-supporting-owners.html\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">2022 poll<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0revealed that only 4% of fans approve of the job the Glazers are doing. For now, though, there will not immediately be a new owner of England&#8217;s most successful club. Erik ten Hag will have to do what he can with what he has at his disposal and try to move the Red Devils into another dynasty.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheikh Jassim has ended his effort to purchase Manchester United from the Glazers. This update was reported by Fabrizio Romano, who posted a series of tweets with details surrounding how negotiations broke down. [metabet_core_side_odds_tile query=&#8221;soe\/manchester_united&#8221; size=&#8221;350&#215;300&#8243; site_id=&#8221;lastwordonsports&#8221;] Sheikh Jassim Has Final Bid Rejected by Glazers and Withdraws from Process Latest Details According to Romano &#8211; [&hellip;]<\/p>\n","protected":false},"author":4764,"featured_media":629508,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","sfio_featured_image":false,"sfio_embed_code":"","_ef_editorial_meta_date_first-draft-date":"1697241600","_ef_editorial_meta_paragraph_assignment":"Failed Bid for United","_ef_editorial_meta_checkbox_needs-photo":"1","_ef_editorial_meta_number_word-count":"300","footnotes":""},"categories":[18,3,7188],"tags":[36,9821,2818],"class_list":["post-630675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manchester-united","category-premier-league","category-rumours","tag-manchester-united","tag-sheikh-jassim","tag-the-glazers"],"modified_by":"Ricky Carroll, Editor","_links":{"self":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts\/630675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/users\/4764"}],"replies":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/comments?post=630675"}],"version-history":[{"count":0,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts\/630675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/media\/629508"}],"wp:attachment":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/media?parent=630675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/categories?post=630675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/tags?post=630675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}