Recent occurrences indicate that this month will likely bring about significant developments in the issue involving the transfer of ownership of Manchester United.
According to The Guardian, the two top bidders for Manchester United did not establish a timetable for the purchase of the football club last month. In other words, Sheikh Jassim and Sir Jim Ratcliffe do not plan to back out of the arrangement at any point in the future.
Those who are close to Sheikh Jassim have expressed some skepticism regarding the Glazer family’s stated intention to sell the club; nevertheless, Ratcliffe’s agents appear to be more optimistic on the prospect of a deal taking place in the near future.
Since they made the decision to sell the team in November, the Glazer family has dragged out the process of transferring ownership by holding protracted bidding rounds. As a result, a number of potential buyers have lost interest in the opportunity.
According to sources, the Glazer family is reportedly seeking a final price of up to ten billion pounds, despite the fact that offers of approximately six billion have been made.
The general consensus in public opinion is that the delay in selling Manchester United is due to the fact that the American owner wants to give careful consideration to the offers and search for ways to push the price as high as possible. In the absolute worst scenario, the Glazer family could decide to pull Manchester United out of the move.
Despite this, The Sun reported at the end of August that the ownership of Manchester United had indeed been transferred. In addition, not too long ago, same source provided confirmation that Sheikh Jassim will soon be introduced as the new owner of the Red Devils.
Sheikh Jassim paid off all of his debts, and after he successfully takes over Manchester United, he intends to make significant investments in the redevelopment of Old Trafford and the Carrington training facilities. Although Manchester United’s debt has recently reached its highest level since 2010, Sheikh Jassim is still planning to purchase the club regardless of this development.
A previous statement made by Cardiff President Dalman was as follows: “Man United will announce a deal (changing ownership) at more than 7 billion pounds, which is approximately 10 times revenue.” We could have had a conversation about selling Cardiff for approximately £20 million or £30 million two or three years ago, but now you would need to look at £90 million or £100 million.
The owners of Manchester United are currently facing a lot of intense pressure. In light of the team’s deteriorating performance on the pitch, they are forced to sell Manchester United because they have no other option. Not to add that under American ownership, Manchester United’s facilities have suffered a significant decline, falling significantly behind those of the club’s Premier League competitors.
Recent events left the spectators who traveled to Old Trafford to witness Man United’s 1-0 loss to Crystal Palace with a negative impression of the venue. As a direct result of this, rainwater was able to enter the stadium at Old Trafford. As a direct consequence of this, a significant number of Man Utd fans have lost their enthusiasm for the team.
These are photographs that demonstrate the lack of interest shown by the owners of Manchester United in improving the team. The Glazer family is only interested in making a lot of money off of Manchester United and has no intention of making any concrete efforts to assist the team in overcoming its challenges.
The disappointing play of Manchester United at the start of the current campaign is likely the deciding factor that will result in the Glazer family relinquishing their influence. Man United must not allow the circumstance to deteriorate any more, right? Man United will not be released until its American owner has left the company.
giatri.tho is the cited source.