Private / SME
The American Glazer family, which owns Manchester United, has decided to postpone the club’s potential sale date until next June, coinciding with the upcoming summer transfer period.
Where the Glazer brothers were scheduled to complete the sale deal before the end of next April, but the meager offer made by each of the Qataris through Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe did not rise to the required level, as Glazer aspires to acquire 6 Billions of pounds sterling for selling the club, while the Qataris offered only 4 billion.
Glazer relies on the famous American investment management company, Elliott Management Corporation, to help finance an acquisition by a party interested in buying Manchester United, and he raises many questions. Are the Glazer brothers trying to push new buyers to bid in the presence of a major financial magnate, despite a statement Management that it has no intention of buying the club, but it seems that the matter has succeeded, only new buyers have appeared on the surface at a time when the Qataris and Radcliffe will provide more details about their meager offer during the next week.