Announced – Man Utd owners the Glazers ‘make announcement decision’ after Sheikh Jassim new bid

The Glazer family, who own Manchester United, has reportedly “ruled out completely” revealing their preferred takeover candidate this week. On Tuesday, Sheikh Jassim put forth a fourth offer for the Red Devils. With Sir Jim Ratcliffe firmly in the running as well, it’s still uncertain whether the Qatari tycoon will be able to buy the club.

The Glazers won’t reveal their preferred bidder for United this week, according to The Telegraph.

Important individuals are ‘hopeful but not positive’ that the takeover process can be finished by the end of the month.

Last week, Ratcliffe appeared to be the front-runner, wanting to purchase the controlling interest in the team but still being open to allowing the Glazers to continue working for the club in a reduced position.

In accordance with his regulations, Joel and Avram Glazer’s siblings would subsequently be allowed to sell their shares for more money in the ensuing two to four years.

However, Sheikh Jassim recently increased his offer to somewhere in the neighborhood of £5.4 billion because he wants 100% of United.

Erik ten Hag is ‘desperate’ for clarification in order to move through with his plans for the summer transfer window, according to reports.

Despite wanting to sign superstars like Harry Kane and Frenkie de Jong, the Dutchman has publicly maintained he has no idea how much money he’ll need to spend.

However, there have been whispers in the shadows that Ten Hag will only have £100 million at this point to attract possible new hires.

As the season’s end draws near, United still has a lot to play for, and Ten Hag wants to lead his team into the top four.

Despite having played one fewer game than Liverpool, the Red Devils are presently fourth in the table, one point ahead of them.

Additionally, they are getting ready for their June 3 FA Cup final matchup with Manchester City.

It appears like only United and Inter Milan will be able to stop Pep Guardiola’s club from completing an unprecedented treble.

And with the clock still ticking, only time will tell if the Red Devils have new owners in place by then.

The story also states that there is still a chance the Glazers will remain entirely.

‘Waiting for news’ are a few offers, with Elliot Management rumored to be one of those wanting to invest in the family.

And it seems like there are still a few obstacles to clear before a leading candidate is firmly and truly established.

The Glazers stated back in November that they were amenable to a prospective takeover and that Manchester United’s strength came from its 1.1 billion global community of supporters.

“The Board has authorized a thorough assessment of strategic alternatives as we work to maintain the Club’s track record of success.

“We will weigh all of our options to make sure that we can best serve our supporters and that Manchester United takes advantage of the huge growth prospects that are currently and in the future open to the Club.

We will remain entirely committed to looking out for the interests of our supporters, stockholders, and other stakeholders throughout this process.

And that development happened not long after Cristiano Ronaldo criticized them in his shocking interview with Piers Morgan.

“The Glazers, they don’t care about the club, professional sport,” said Ronaldo.

“Manchester is a marketing club, so they will profit from the marketing, as you are aware. They don’t seem to care much about the sport, in my opinion.

“They give the president and sporting director total power.”

“The fans should know the truth,” he continued. The players and I both want the best for the team. I joined Manchester United for this reason, and I adore the team.

“But there are other things going on inside the club that prevent Manchester from competing at the same level as, say, City, Liverpool, or even today, Arsenal. It’s challenging and confusing.

“I believe that Manchester will find it difficult to compete at the top of the league in the next two to three years.”