- Decision leaves Jim Ratcliffe in the takeover process
- Glazer family have owned Old Trafford club since 2005
Sheikh Jassim bin Hamad al-Thani has informed Manchester United’s owners, the Glazers, that he has withdrawn from the process to buy the club, viewing their valuation as highly unrealistic when compared to his £5bn-plus final offer. This leaves Sir Jim Ratcliffe as the only other publicly declared interested potential purchaser.
The decision will come as a bitter blow to the large constituency of United supporters who remain deeply unhappy with the Glazers’ ownership due to the near-£1bn debt the club has been saddled with.
Continue reading…
