Manchester United bidders are running out of time before Easter to hear back from the Raine Group and the Glazer family about the next stage of the takeover process.
Reports suggest interested parties are hoping for clarity about the next steps before Easter weekend. Sheikh Jassim bin Hamad Al Thani, Sir Jim Ratcliffe and Thomas Zilliacus all have offers tabled to become majority owners of United. Elliott, a US-based hedge fund, remains in the picture regarding a minority stake that could see the Glazers stay in control at Old Trafford.
Here are the latest United takeover headlines:
READ MORE: Senior UK Government officials flag Sheikh Jassim 'concerns'
Sheikh Jassim has 'no concerns'
The Sheikh Jassim bin Hamad Al Thani-faced Nine Two Foundation's bid has no concerns over the UK Government opposing their Manchester United takeover, Sportsmail reports. Bloomberg stated on Tuesday that senior UK government officials flagged concerns about Sheikh Jassim because of historic regulatory failings made by the UK subsidiary of the Qatar Islamic Bank (QIB) that Sheikh Jassim has chaired since 2006. They did add that there is no suggestion at this stage of any government intervention to block the bid. The Mail share similar sentiments, stating they understand no concerns exist and nor is any government opposition anticipated.
Neville airs takeover issues
Gary Neville has warned there is “no perfect answer” regarding which Manchester United bidder is the best for the club and insists it “wouldn’t bother” him if either Sheikh Jassim bin Hamad al-Thani or Sir Jim Ratcliffe won the takeover race. Both parties submitted second buy bids for United last month, with Sheikh Al-Thani wishing to take over the whole club, while Ratcliffe is vying for the Glazers’ 69 per cent majority share. Neville said both bidders have shortfalls but also outlined what both would bring to United if successful in their respective offers.
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