Manchester United to hold talks with potential takeover candidates in coming weeks

Face-to-face talks over the way forward for Manchester United are set to happen in the coming weeks between events and Raine, the financial institution dealing with the sale for the Glazer household.

Talks are anticipated to occur quickly and can doubtless come in both Manchester or London.

Extra conferences are anticipated to happen subsequent week which might be carried out each on-line and in-person, with the due diligence course of additionally anticipated to take a while.

The one public bids to date for United are from Sir Jim Ratcliffe, the British billionaire and proprietor of INEOS, and Qatari banker Sheikh Jassim Bin Hamad Al Thani.

These bids each got here in forward of the delicate deadline of February 17 set by funding banking agency Raine Group for events to formalise their curiosity in shopping for United.

There isn’t any assure that the Glazers will promote, although, with brothers Avram and Joel reluctant to half methods with the membership they’ve owned since 2005. Avram attended final Sunday’s Carabao Cup remaining, in which United had been triumphant after beating Newcastle United 2-0 at Wembley.

Nonetheless, the opposite members of the Glazer household that half personal United — Kevin, Bryan, Edward and Darcie — are eager to offload the Premier League membership.

United had been put up on the market in November, with Raine given the duty of dealing with the potential takeover.


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(Photograph: Getty Pictures)

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