Manchester United takeover latest as Rio Ferdinand and Alan Shearer send clear message to Glazers
The Manchester United takeover process is nearing its 11th month with the outcome still hazy.
Sheikh Jassim bin Hamad Al-Thani and Sir Jim Ratcliffe lead the race although there are fears that the Glazers may stay put. Such speculation sent the stock market price crashing earlier this month and it has failed to recover.
Rumours suggest the fact the club has not been sold indicates that the Glazers are unhappy with the valuations tabled by Sheikh Al-Thani and Ratcliffe. The Qatari camp are now fearful that a no-sale is likelier than a sell-off.
Ratcliffe recently underlined his intentions of a purchase. In an interview with INEOS TV he said: "You can't really contemplate acquiring a brand like Manchester United and failing because the failure is just far too public and excruciating in a deal like that."
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It seems both he and the fans want the Glazers gone, while one former player is not happy with how the owners have conducted themselves throughout the takeover process...
Rio Ferdinand says the Glazers have been ‘disgraceful’ in their approach of communicating takeover developments to Manchester United fans and says the lack of updates has angered him.
The board announced it was looking at ‘strategic alternatives’ last November but the conclusion of the takeover process is still unclear. Ferdinand says the lack of updates since then is unacceptable.
Speaking on YouTube show FIVE, he said: “These owners, the Glazers, I don’t care what they say now, since June we’ve not heard anything. Even then it was tepid. Communication in any line of work in any business is vital for it to flourish and proposer