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Manchester Evening News
Manchester Evening News
Sport
Jack Flintham

Manchester United takeover latest as bidders 'become frustrated with the Glazers'

Manchester United's takeover bidders are reportedly becoming frustrated with the Glazers due to the slow progress being made.

So far, Sheikh Jassim, Sir Jim Ratcliffe and Thomas Zilliacus have all made it clear that they wish to buy United. However, since the deadline passed last month for bids, progress appears to have stalled.

In the latest reports this week, there is understood to be frustration that the Glazers have not been providing updates on the takeover to them. Find out more about the current situation below.

ALSO READ: United's game in hand could be delayed until the final week

United bidders getting frustrated with the Glazers

According to the Daily Mail, movement on the United takeover is expected this week. Sportsmail understands the situation will develop over the coming days – more than two weeks after second bids were filed.

There have been growing concerns that, with the clock ticking, should the Glazer family accept an offer for full control, any chosen buyer may not be in place in time to oversee the summer transfer window. Second offers were lodged on March 23 by British billionaire Sir Jim Ratcliffe's group and a day later by Qatari Sheikh Jassim bin Hamad al-Thani.

Both parties had been given extended deadlines to place their bids after struggling in what was a short timeframe instigated by Raine Group, the US merchant bankers in charge of the process. At that stage, with time thought to be of the essence, those involved expected to hear back in around seven days. But that did not happen, and Sportsmail understands that the situation has caused frustration and even annoyance in some quarters.

United preparing for new bidders to enter process

According to The Athletic's David Ornstein, United chiefs invited prospective bidders into the Jimmy Murphy Building, which had been transformed into a 'set' containing financial and sporting information about the club. It is claimed that the set has not yet been taken down, with some suggesting that this may be so future talks can be held in the room in the scenario of more bidders making offers.

Furthermore, the report adds the interesting detail that manager Ten Hag has been conducting his press duties in the main building, having previously done so in the Jimmy Murphy Building. And it is stated that more work is being completed at Carrington, with United having begun the task of constructing new facilities for both youth players and the women's team.

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