Manchester United could be taken over in the not-too-distant future, according to transfer expert Fabrizio Romano, who exclusively told GIVEMESPORT that ‘things are occurring’ behind the scenes at Old Trafford.
Although Erik ten Hag is attempting to prepare his team for another arduous season in which Champions League football will return, there is still a question about who will be in charge of the Red Devils in the coming weeks.
Latest Manchester United news – Takeover update
According to Qatari media site Al Raya, Sheikh Jassim Bin Hamad Al Thani might finalize an acquisition of Manchester United within hours.
According to the article, the Glazer family will sign the acquisition papers sooner rather than later, while the Nine Two Foundation is optimistic about closing the deal.
The form of Sir Jim Ratcliffe’s offer is said to have sparked objections among Manchester United’s minority owners, despite his willingness to keep Joel and Avram Glazer on board.
Sheikh Jassim submitted his final proposal last month but has yet to meet with the current Old Trafford hierarchy.
Respected journalist Romano recently told GIVEMESPORT that he doesn’t know when Manchester United will change hands following a lengthy negotiating process.
What has Fabrizio Romano said about the possibility of a takeover?
As a result, Sheikh Jassim will not be in line to take the keys to Old Trafford in the coming hours, according to Romano.
According to sources, the Italian reporter is aware that negotiations are taking place inside Manchester United.
When asked for an update on the takeover, Romano told GIVEMESPORT, “The situation remains the same, so it’s a very complicated story.”
“Certainly, things are going behind the scenes. This is certainly true.”
Why have the Glazers decided to sell Manchester United?
According to The Guardian, the Glazers said last November that they were ‘beginning a process to evaluate strategic alternatives,’ which may potentially bring an end to their Manchester United rule.
The American family took over the Red Devils in 2005 when a £790 million bid allowed them to increase their stake to 70%.
Manchester United fans, on the other hand, have been desperate for the Glazers to leave the club for a long time and have staged a number of protests, including a two-and-a-half-mile walk from The Old Nags Head in Manchester city center to Old Trafford in April.
The fandom has also demanded that the Glazers approve a full sale of the club, with no family members staying on the board.
However, two members of the rich family, Joel, and Avram, are eager to remain connected rather than abandon the Red Devils.
Even if they declare a preferred bidder, the Glazers look to be in charge throughout the early stages of the season, as the approval process before any sale can be rubber-stamped can take up to 12 weeks.
Ten Hag, who led Manchester United to 42 victories and a Carabao Cup victory in his debut season, will be looking for a swift resolution as he prepares to do business in the transfer market.