Man Utd fans may be worried as the Manchester Evening News reveals “no significant progress has been made in taking over Man Utd”.
The Glazer family appear to have yet to decide whether they are ready to sell and leave Old Trafford after buying the club for £790m in 2005.
Both proposals from billionaires Sheikh Jassim and Sir Jim Ratcliffe are still on the table , but there is still a long way to go for Man Utd to have a new owner.
Red Devils fans may be worried as the Manchester Evening News reveals “no significant progress has been made in taking over Man Utd”.
The closest offer belongs to Sheikh Jassim. The chairman of the bank of Qatar will spend £ 5 billion to buy this team, and promises to help the team improve its infrastructure as well as recruit new contracts. Sheikh Jassim is adamant that he wants to buy 100% of the shares of the football team.
This contrasts with Sir Jim Ratcliffe, who ensures the Glazers still own a small stake in Man Utd. Ratcliffe’s company INEOS is believed to value Man Utd between £5bn and £5.5bn