The Glazers are set to take Manchester United off the market, signaling the end of the club’s takeover.
The Glazers launched a bid to sell Manchester United last year, with Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani quickly emerging as frontrunners to take over from the American owners.
Both offers from the above duo failed to reach the Premier League giant’s valuation of £6 billion offered by the Glazers . Negotiations have dragged on for months, with multiple rounds of deadlines for improved offers as Ratcliffe and Sheikh Jassim vied for control.
Now, the negotiations seem to have sunk into oblivion when the Daily Mail reported that the Glazers will remove Man United from the transfer market. The reason behind that move was said to be because any of the bidders failed to meet their expected asking price.
The Glazers had hoped many serious bidders would be tempted to make big offers, although that was not to be. Experts believe that the Glazers will now look to bring Man United back into the transfer market in 2025. The Glazers hope that “financial and environmental factors” can attract more bids. at that time.
American owners hope they can sell the Red Devils for an even higher price thanks to increased television revenue, the expansion of the FIFA Club World Cup and the 2026 World Cup .
The 2026 World Cup will likely increase the interest of American billionaires in soccer, because the tournament will be held in North America. So, the Glazers are said to believe they will be able to offer an asking price of between £7 billion and £10 billion.
While MU fans became increasingly frustrated and organized protests last week, the Glazers would ignore them. Instead, Glazer supports coach Erik ten Hag and hopes he can bring home titles that will increase the club’s value.
Back in July, Man United and England legend David Beckham became the most high profile person to contact the club calling for the Glazers to leave. He insisted they had lost fan support and it was time for new ownership.
“Once you lose fans, especially at a club like Manchester United, it’s hard to get things back. Obviously, they’ve gained a lot, financially, the fact that we talking about the amount of what Manchester United would sell to show the success they’ve had,” Beckham told The Athletic.