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Manchester United takeover latest as David Beckham explains Qatar 'connection' amid Sheikh Jassim claim

manchestereveningnews.co.uk

After months of radio silence there finally seems to be some movement regarding a takeover of Manchester United - albeit supporters have been in this position before.

It has been close to a year since the Glazers announced plans to 'explore strategic alternatives' for investment last November, essentially paving the way for a buyout of the club.

Since then, there has been no communication from the American family and growing frustration among fans and staff. Sheikh Jassim and Sir Jim Ratcliffe remain in the running but have seen little progress in recent weeks, with the latter now thought to have altered his proposal in a bid to win over brothers Joel and Avram, who want to remain at the club.

Earlier this week, David Beckham joined the growing list of former players calling for change. ALSO READ: Sheikh Jassim could have just days left to save United takeover ALSO READ: Sir Jim Ratcliffe 'takes lead' amid Sheikh Jassim 'ultimatum' Beckham admission David Beckham says he has a 'long-standing relationship with Qatar' but insists there has been 'no discussion' regarding a potential role for him at Manchester United should Sheikh Jassim complete his takeover of the club.

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MANCHESTER, England: If British billionaire Jim Ratcliffe is successful in his attempt to buy a minority stake in Manchester United, he could end up with a major say in the running of the underperforming club. The owner of petrochemicals giant Ineos appears to be ready to invest in the storied English soccer club after rival Sheikh Jassim bin Hamad Al Thani of Qatar said over the weekend he was withdrawing from the bidding process. Ratcliffe is trying to buy a 25 percent share of United and also wants to run soccer operations, a person with knowledge of the proposal told The Associated Press. The person spoke on the condition of anonymity because they were not authorized to comment publicly. United’s American owners, the Glazer family, in November announced plans to seek outside investment that could have resulted in the sale of the 20-time English league champions. Ratcliffe initially bid for the family’s controlling stake of about 69 percent, while Qatari banker Sheikh Jassim wanted 100 percent of the club. With the process dragging on beyond an expected completion date of June, Ratcliffe has adjusted his offer and that could pave the way to him becoming a co-owner of the club he has supported since he was a child. THE PROPOSAL Ratcliffe’s bid would mean the Glazers, who also own the Tampa Bay Buccaneers, remain in control of United.
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