At this point, we’re crossing our fingers, legs, and even our eyeballs for an end to this continuous saga.
Is a protracted takeover that has lasted well over a year now coming to an end? Is that the light at the end of the tunnel? Or is it just a mirage in Manchester United’s desert?
As is always the case, only time will tell. What we do know is that a rising number of high-profile financial periodicals appear to be siding with Qatari bidder Sheikh Jassim.
Following reports from Reuters and Benzinga that Jassim’s team was in pole position to strike a deal with those soul-sucking demons known as the ‘Glazer Family,’ Bloomberg is now reporting that the Qataris are ‘increasingly optimistic’ of takeover success.
Those purportedly within Jassim’s inner circle feel it is only a matter of time before the Glazers accept their proposal, with the Qataris having submitted a fifth – and reportedly ‘final’ – bid for perhaps the most iconic club in the world at the start of June (BBC).
The race to buy Manchester United is heating up.
Of course, considering that this is a drama with more twists and turns than Alton Towers’ teacup ride, nobody would be astonished if things altered again in the next 24 hours.
Many British-based football-specialist sources, including The Times, maintained Ratcliffe was still in the lead a fortnight ago, shortly after that Reuters report sent United’s share price soaring.
Jassim has offered to buy Manchester United outright. Ratcliffe, on the other hand, wants majority ownership and is willing to retain at least some of the Glazers – most likely Joel and Avram – on as shareholders for a couple more seasons.
However, as the United Muppetiers YouTube channel eloquently explains, disputes among the numerous Glazer brothers make Ratcliffe’s offer difficult to accept.
More confusion, upheaval, and depression when there is less succession.
But, fortunately, the recent Bloomberg story indicates that the process is coming to a close.