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Manchester Evening News
Manchester Evening News
Sport
Matthew Abbott

Manchester United takeover latest: Gary Neville takes aim at Glazers amid fresh twist

The Manchester United takeover process is now expected to proceed following the Easter weekend.

Sir Jim Ratcliffe's INEOS and Sheikh Jassim's Nine Two Foundation have tabled two bids to acquire United in February and March but are yet to hear back about their revised offers submitted to Raine last month. Those are the two prominent publicly known parties interested in the club, but there are apparently several other groups involved in the process.

The Glazers asking price is still understood to stand as high as £6 billion, with bids to date believed to be around the £5bn mark. Here are the latest United takeover headlines.

READ MORE: United takeover news LIVE Sir Jim Ratcliffe and Qatar latest as Glazers 'want £6bn for club'

'Movement expected'

It is widely reported that movement on the United sale is expected this week.

Daily Mail and the Independent report that there is a mixture of expectation and hope that bidders will hear back from Raine. Over a fortnight has passed since they last submitted offers and no response has been forthcoming.

Growing concerns about any prospective owner not be in place in time for the summer transfer window are also being talked up. Doubts about the Glazer family's intentions to sell their majority stake in the club continue to persist as a result, with only sanctioning minority investment in the club another option.

Neville anger

Manchester United great Gary Neville has launched a stinging attack on the Old Trafford takeover process amid fresh developments.

The Glazer family first put the club up for sale last November but, five months on, there has been no sale. Sir Jim Ratcliffe's INEOS and Sheikh Jassim's Nine Two Foundation have both tabled two bids to buy United.

The offers are being overseen by American bank Raine Group, on behalf of the Glazer family. There are reports that other bidders are in the frame but Mail Online says a third round of bidding will now take place. That has attracted fierce criticism from Neville, who took to social media to slam the process.

Read more here

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