Man United bidders set to make latest takeover offers
1 year, 9 months ago

Man United bidders set to make latest takeover offers

Associated Press  

MANCHESTER, England — After a series of high level meetings last week, a second round of bids to buy Manchester United are due Wednesday. Representatives of Sheikh Jassim bin Hamad Al Thani toured Old Trafford and the club’s training ground last Thursday, meeting with United executives. Indicative offers were submitted to American merchant bank Raine last month, with Sheikh Jassim and Ratcliffe confirming their intention to buy out the Glazer family, the current owners of United. There is still a possibility that the Glazers could opt against a full sale of the club as they explore “strategic alternatives.” Second bids for United are due to be placed by 9 p.m. Wednesday.

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