Manchester United set for new owners before transfer window opens
Fabrizio Romano has shared some good news on the Manchester United takeover that’s progressing along in time to be done prior to this summer.
The Lowdown: Takeover takes a step forward
Man United’s looming takeover looks to have taken a major step forward this week, with both big-name players in the deal – Sir Jim Ratcliffe and the Qatari consortium – jetted into Manchester over the last few days for face-to-face talks.
It has been reported that the Qatari group are now willing to lodge a second bid to buy the club and try to meet – or at least get closer to – the valuation that the Glazers have placed on the Red Devils, which stands at around £6bn.
Thus far, there have been very few bumps in the road when it comes to the takeover process, which bodes well for the Red Devils being sold to new owners before the summer transfer window opens.
The Latest: Man United to be sold before the summer
While speaking on the House of Champions YouTube channel, Romano dropped the positive news for Man United fans that everything is still going very well on the takeover front.
He said: “This is the race: INEOS group [and] Qatari group, and it will be decided in the next weeks, months. But I think the positive news for Manchester United is that things are happening now – so ahead of the summer transfer window.
“It could help the club to have a clear strategy in the summer, a new owner ahead of the summer.”
The Verdict: Glazers hold all the power
It wasn’t too long ago that reports were suggesting that the Glazers weren’t very willing sellers. However, that may well have just been because of the form Man United were in and the fact they’d just lifted the Carabao Cup.
Therefore, nothing can ever be certain when the Glazers are involved, and if they don’t feel as if either INEOS or Sheikh Jassim’s firm can get anywhere close to their hefty valuation of the club, they could very quickly pull the plug on any potential deal.
The Qatari group is said to be confident about the bid they have put the way of Man United and are said to be growing in confidence, so they may well see themselves as the frontrunners to buy the Red Devils, though the destiny of the 20-time English champions appears to hang in the balance.