(Football news) The protracted takeover process is having an effect, as Manchester United appears destined to go the entire month of June without making a deal for the second year in a row.
Since the American family’s announcement to “explore strategic alternatives” for investment more than seven months ago, the Glazers haven’t done anything to comfort their followers. Tuesday’s Old Trafford home kit release was disrupted by several fans.
The two front-runners are still Sheikh Jassim bin Hamad al-Thani and Sir Jim Ratcliffe, with the former allegedly growing more optimistic that his plan will prevail. Taking advantage of the uncertainties surrounding Ratcliffe’s majority takeover, the Qatari banker intends to acquire 100% of the club.
Manchester United has established a transfer budget of £100-120m as a result of its worries regarding this summer’s Financial Fair Play laws. An expert in football finance told MEN Sport that a takeover might provide the team “greater flexibility” in how it manages FFP.
After ruling the roost since 2005, the Glazers initially declared in November that Manchester United was open to a potential sale. But they haven’t yet made their plans clear, which frustrates club supporters, workers, and others. There are already rumours that not all six Glazer brothers support a sale.
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