Manchester United bidders set to visit club this week

Sheikh Jassim’s representatives are set to visit the club on Thursday

Simon Peach
Wednesday 15 March 2023 15:06 GMT
Comments
Qatari banker joins race to buy Manchester United from Glazers family

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Sheikh Jassim’s representatives are due at Manchester United on Thursday and Sir Jim Ratcliffe is set to attend a presentation by senior management staff at Old Trafford the following day, according to the PA news agency.

The club’s owners, the Glazer family, announced last November they were conducting a strategic review, with the sale of United one option being considered.

Qatari banker Sheikh Jassim and INEOS founder Ratcliffe have made offers to buy the club to American merchant bankers Raine, which was brought in to assist the club in assessing offers.

Ratcliffe, 70, is due to fly in from Nice on Thursday and, barring any travel complications, attend the presentation by United’s management team alongside INEOS sport representatives.

Elliott Investment Management has also reportedly made it through to the second stage of the process, although the firm is said to be offering funding rather than a takeover.

The PA news agency understands Elliott representatives attended last Thursday’s 4-1 Europa League win against Real Betis at Old Trafford.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in