Sheikh Jassim withdraws from Manchester United takeover process, say reports

14.10.2023 - 21:53 thenationalnews.com

Sheikh Jassim has withdrawn from the process to buy Manchester United, according to the Press Association news agency. Fans have protested against the Glazer family since their controversial leveraged takeover in 2005 and last November’s announcement of a strategic review brought hope of change.

The possibility of a full sale was mentioned and Sheikh Jassim became the first bidder to publicly confirm he had made an offer for the Old Trafford giants.

Sir Jim Ratcliffe swiftly followed but the interminable potential takeover process has rumbled on as the demanding Glazer family dragged their heels.

It is now understood that, following further discussions, a frustrated Sheikh Jassim has withdrawn from the process to buy the Premier League club.

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