Connect with us

Manchester United

Man United owners will consider selling minority shares if revised bids don’t impress them

Sky Sports journalist Kaveh Solhekol has revealed that the Glazers will refuse to sell Manchester United if their asking price is not met.

They want £6 billion to part with the Old Trafford club and will consider selling minority stakes if the new bids do not impress them.

Sheikh Jassim bin Hamad al-Thani and Sir Jim Ratcliffe are in pole position to complete a full takeover.

They have met with Man United at the club facilities for talks and their revised bids are to follow.

Ratcliffe has made an improved offer and Sheikh Jassim’s revised bid is expected.

The British billionaire’s bid has not been revealed, but the Qataris will likely outbid him.

Both may need to offer £6bn to have a chance of buying the Red Devils.

“We have been told consistently – I was told this again on Wednesday night,” Solhekol said on Sky Sports.

“The Glazers and Raine will look at all the offers and proposals they have received. The first ones they will look at are the ones from the bidders who want to buy the whole club.

“Now I think there are going to be two, or maybe at most three of those bids. The Qataris, Sir Jim Ratcliffe, and there could be another bid – I don’t think there would be.

“If they don’t like the numbers. If the price is not right with either of those two bids, then they will turn and look at other proposals, and the other proposals are just to sell a minority stake.

“So, that is still a real possibility. Consistently, we have been told, do not be surprised, if the Glazers stay.”

Elliott Investment Management have already tabled an offer for a minority stake.

The American hedge fund initially offered to finance potential bidders, but they opted to bid for a stake after their representatives met with Man United.

Their offer includes their earlier proposal to provide financing for bidders.

With some of the Glazers uninterested in selling the club, Elliott’s bid could be too juicy for them to turn down.

The final call lies with the owners, and it will be intriguing to see how all this will end.