SHOCKING NEWS: Fabrizio Romano has revealed that the Glazers are on the verge of accepting sheikh Jassim offer as Sheikh Jassim is still ACTIVE on deal of buying Manchester United, as Sir Jim Ratcliffe’s £1.3 billion transaction for a 25% stake in Manchester United has been held delayed for weeks due to factors beyond his control. This is really bad for sir Jim Ratcliffe.

As Sir Jim Ratcliffe receives negative news, Manchester United bidder Sheikh Jassim is still active in the midst of "discussions."

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Due to circumstances outside of his control, Sir Jim Ratcliffe’s £1.3 billion deal to purchase a 25% share in Manchester United has been postponed for weeks.

Furthermore, Sheikh Jassim bin Hamad Al Thani’s anticipations of a hijacking might endure until the Glazer family agreement is ratified, which might not occur this year.

Over a year ago, the Glazers made public their strategic review, which set off a protracted takeover narrative featuring Sir Jim and Sheikh Jassim.

When Sheikh Jassim learned that Joel and Avram Glazer had no plans to profit, he withdrew his £5 billion bid for the entire sale in October.

At this point, Sir Jim is the clear favourite to reach an agreement that will maintain the Glazer siblings’ substantial stake while giving INEOS control over sports.

On the other hand, after being named the preferred bidder, the 71-year-old founder of the massive petrochemicals company would probably be annoyed by the continued delays.

Also, I hear that there are still unresolved legal issues, so his 25% ownership stake in Old Trafford might not be certified until the following year.

The article states that both parties are still committed to the investment and want to close the deal as soon as is practical.

But the chance of a Sheikh Jassim return persists as long as Sir Jim does not gain entry into his hometown club.

The Qatari banker, who happens to be a Manchester United fan, is rumoured to be involved in the football world, suggesting that he may still choose to invest in a project regardless of whether it is at his dream club.

Sheikh Jassim is expected to start negotiations about potentially investing in Serie A powerhouse Inter Milan, according to La Repubblica.

Owner Stevan Zhang is currently in China defending himself against legal actions and repayments of debts amounting to up to £340 million that are owed to the American company Oaktree.

Furthermore, the San Siro would benefit from Sheikh Jassim’s wealth. He might have been eager to show United what they were capable of.

With the Glazers’ penchant for seizing investment opportunities, Sir Jim’s wait for his minority ownership in the Red Devils looks to be continuing.

It is expected that by next summer, the billionaire from Failsworth will have risen to the top at Old Trafford and taken command of the football operation.

 

 

1 Comment
  1. Taitos Abraham says

    This Man United sale issue has catastrophic connotations , already the team seems unsettled and this issue adds to instability. Glazer family should just face the music and sell outrightly. Like Rangnick said United needs a holistic heart surgery and not 25% wound bandaging, that is tantamount to putting food in a contaminated container and expecting to get nutritional gain from the contaminated food. GGMU

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