Manchester United takeover latest as US billionaire outlines investment stance

The Manchester United takeover process will now run into next season with little clarity over when a conclusion may be reached.

The official changing over of hands is expected to take a number of weeks, meaning even if a new owner takes to the helm imminently, they would not take their seat until after the opening weekend of the Premier League.

It therefore underlines that the buyer would not be able to affect proceedings in this summer’s transfer window. United are fearful of Financial Fair Play restrictions with Erik ten Hag having £120m to spend this summer.

However, Reds fans envisage a Newcastle-style morale lift should the Glazers leave and many are calling for the current owners to wrap up the process quickly. That said, there are concerns the Glazers could stay despite hosting multiple rounds of bidding with Sheikh Jassim bin Hamad Al-Thani and Sir Jim Ratcliffe.

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ALSO READ: Erik ten Hag reveals Glazer contact

Here are the latest headlines regarding how the takeover process is continuing to pan out.

US billionaire Stephen Pagliuca outlines investment stance

Boston Celtics co-owner Stephen Pagliuca says he is 'assessing opportunities' in the Premier League after previously refusing to rule out a move for Manchester United.

The US billionaire refrained from denying a potential interest in United when asked about entering the buy-out race in March. He had considered a move for Liverpool prior to Fenways Sports Groups’ takeover in 2010.

There seems to be little movement regarding a conclusion to the takeover process at United eight months after November’s sale announcement.