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Manchester United are up for sale and today (Friday) is the deadline for any investors interested in purchasing the club from the Glazers to submit their bids. The takeover saga took another twist earlier in the week with reports that US billionaire Elon Musk has joined the race to buy the club - while speculation around a Qatari buyout and Sir Jim Ratfcliffe's interest continues to rage.
Manchester United are up for sale and today is the deadline for any investors interested in purchasing the club from the Glazers to submit their bids.
LONDON :Manchester United will receive multiple offers when an initial deadline for bids expires on Friday, sources familiar with the process said, kicking off potentially the largest sports deal ever.
Saudi Arabia has formally submitted a bid to buy the Premier League football club Manchester United PLC. In what could turn into a bidding war for the club with one of the richest legacies in English football, the report further said that several private groups in Riyadh have made formal inquiries.British billionaire Jim Ratcliffe, a life-long supporter of the club and founder of chemicals firm INEOS, is a likely bidder, along with US private equity firms, sources told Reuters.As per another report by Bloomberg News, Qatari Royals are readying an opening bid of approximately 5 billion pounds.
LONDON: Manchester United will receive multiple offers when an initial deadline for bids expires on Friday, sources familiar with the process said, kicking off potentially the largest sports deal ever.
Saudi Arabia has submitted a bid for British soccer club Manchester United PLC ahead of Friday's deadline, the Telegraph reported on Thursday.
Boyhood Manchester United supporter Sir Jim Ratcliffe remains the sole confirmed bidder to take over the club heading into Friday’s ‘soft deadline’ for offers, amid continued reports of interest from Qatar.
Boyhood Manchester United supporter Jim Ratcliffe remains the sole confirmed bidder to take over the club heading into Friday's 'soft deadline' for offers, amid continued reports of interest from Qatar.