Under Maintenance

We deeply apologize for interrupting your reading but Vendetta is currently undergoing some important maintenance! You may experience some layout shifts, slow loading times and dififculties in navigating.

Sports Media

Qatar Delegation Submit Final Manchester United Bid

Manchester United

Manchester United Ownership Still In Limbo

Manchester United have still not found new owners. And now, it appears the Glazers are on the clock. The Qatar group, led by Sheikh Jassim, have reportedly submitted their fifth and final bid for complete ownership of the club. The key stipulation of this deal is that after Friday of this week, they will step out of the race for ownership.

Insider Fabrizio Romano recently tweeted more details:

It’s currently a two-horse race between the Qatari delegation and Sir Jim Ratcliffe, the owner of British chemicals company INEOS. Numerous reports indicate that the Glazer family want roughly £6 billion to sell.

Also owners of the Tampa Bay Buccaneers, the Americans have been despised by Manchester United fans ever since their takeover back in 2005. Things reached a breaking point a couple years ago when fans invaded Old Trafford due to the Glazers’ interest in a European Super League.

The sale process has also infuriated many supporters as the summer transfer window has now swung open. The amount of funds available for manager Erik ten Hag to upgrade the squad is still unknown. Hypothetically, if this process finished already, Man United would probably have a very large budget. Many outlets have claimed Tottenham star Harry Kane is atop their wish list, but they will now have to beat Real Madrid for the England captain’s signature.

Clock Is Ticking

Fans are well aware of the pros and cons to each owner. Qatar is clearly the more financially powerful option, as ten Hag could probably transform the squad in a single summer with the amount of capital they have available. However, many fans are weary of Qatar’s human rights violations and their role in the 2022 World Cup. Others are not as concerned about any moral issues and would rather accept the tremendous funding to restore United to glory.

Ratcliffe, on the other hand, grew up a United fan and clearly has some emotional involvement behind this. His bid would also not be a complete takeover. The Glazers would still retain shares while allowing a majority share to be sold. Ratcliffe would then buy out their remaining shares at a very high premium in two years. Obviously, in 48-72 hours, Ratcliffe might be the last bidder standing.

Even on their way out, the Glazers have still continued to upset Manchester United fans. At every turn, they have not made the right decision, and we will still have to wait and see how this plays out.


Notify of
Inline Feedbacks
View all comments

Popular Past Stories

recommended stories

Pelle Larsson

Pelle Larsson 2024 NBA Draft Profile

Pelle Larsson 2024 NBA Draft Profile We are less than two weeks away from the 2024 NBA Draft. Today, we…

Read More
Israel Adesanya Dricus Du Plessis UFC 305

Dricus Du Plessis, Israel Adesanya Booked For UFC 305

Dricus Du Plessis, Israel Adesanya Booked For UFC 305 The long-awaited grudge match between Dricus Du Plessis and Israel Adesanya…

Read More
UFC Vegas 75 recap

Jared Cannonier Wants Rematch Against Nassourdine Imavov After UFC Louisville

Jared Cannonier Wants Rematch Against Nassourdine Imavov After UFC Louisville Jared Cannonier calls for a rematch after his TKO loss…

Read More
Aaron Rodgers

Aaron Rodgers Is The Unquestioned Leader Of The Jets

Aaron Rodgers Is The Unquestioned Leader Of The Jets Quarterback might be the most important position on the field. However,…

Read More