Manchester United takeover: Sheikh Jassim and Sir Jim Ratcliffe not the only frontrunners as several minority investors remain at loggerheads

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According to reports, many minority investors are still waiting to hear back about the results of their bid to invest in Manchester United.

Ratcliffe and Sheikh Jassim still lead the charge, but many minority shows remain in contention The process is moving slowly

What happened? British chemical tycoon Sir Jim Ratcliffe and Qatari businessman Sheikh Jassim made high-profile public bids to buy United, and the Glazers and their banking representatives, the Rennes Group, have yet to decide on the club’s future. On top of the well-documented ownership offers, there are also many minority investors who are still waiting to hear back about the results of their offers to buy a stake in the club, according to ESPN.

The bigger picture: A number of potential minority stakeholders have come forward with proposals, according to ESPN’s report, including US investment firm Carlyle, hedge fund Elliott Management, and US investment group Ares Management Corporation. Meanwhile, Ratcliffe’s bid is for a majority stake that would keep the Glazers in partial control, and Sheikh Jassim’s bid is for 100% of the club.

What’s more: It was recently rumored that the Qatari billionaire would put a new offer on the table with a value close to Glazer’s £6bn asking price. But talks appear to have stalled, and fans and club staff are growing impatient when it comes to the ownership situation at Old Trafford. It remains to be seen if there will be a new majority of stakeholders on board by the start of the 2023-24 season – with that minority investment bids still contested for pick.

in two pictures:

Qib.com.qa Getty

What’s next for United? While Ratcliffe and Jasim compete off the pitch for ownership of the club, manager Erik ten Hag will turn his focus to next season. United will hope to build on a fine campaign that saw them reach the FA Cup Final, while also qualifying for the Champions League and winning the League Cup.

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