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Sky Sports share Manchester United takeover update

Sky Sports share Manchester United takeover update - Manchester United News

Sheikh Jassim Bin Hamad Al Thani is set to make a second bid for Manchester United next week, according to Sky Sports.

The Lowdown: Meeting held

Jassim and Sir Jim Ratcliffe both made offers to take control at Old Trafford before the soft deadline set by the Glazers last month.

A formidable delegation was sent to Old Trafford by Jassim on Thursday and they held talks over a potential takeover for around 10 hours. Those discussions were thought to be positive, with Jassim now committed to taking control in Manchester.

There has now been a further update regarding Jassim, which came after Ratcliffe held his own talks with at Old Trafford and Carrington on Friday, where he even met with manager Erik ten Hag.

The Latest: Sky Sports update

Sky Sports provided ‘more developments’ regarding Jassim and United on Friday afternoon via Twitter, saying that he will make a second bid for the Red Devils next week.

‘More developments as far as the situation is regards to Manchester United and a takeover at the club. Sheikh Jassim Bin Hamad Al Thani will make a second bid for Manchester United next week.’

They added that Jassim’s delegation held ‘constructed meetings’ and that he is prepared to ‘overpay’ for the club ‘because of its history and because it hardly ever comes on the market’.

A US source also said:

‘All the numbers people from the bidders will be working out the real value of the club over the next few days. They will be making second bids. The reality is that their first bids were just indicative, in this process the second bids next week are really the first serious bids.’

The Verdict: Heating up

Previous reports stated that both Jassim and Ratcliffe’s bids were set to be rejected anyway, so it is good to see that the former is already working on a new bid which looks set to be made in the coming days.

The Qatari group wanted ‘things done quickly’ so they can help Ten Hag in the transfer market ahead of the summer window, so they could be looking to overpay as mentioned in order to push through a takeover.

It is definitely heating up between the two parties after their trips to Manchester, and it’ll be interesting to see if Jassim’s next offer is close to the Glazers’ huge £6bn valuation. If it is, then perhaps we could see a deal really start to gather pace, which would be ideal for Jassim and co, although it may result in a bidding war with Ratcliffe and his team, meaning the coming week could be key.

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