Manchester United owners the Glazers are exploring all options after putting the club up for sale in November.
Manchester United will have to look outside of Qatar if they’re hoping for a full takeover as Qatari Sports Investments (QSI) reportedly have no plans to abandon Paris Saint-Germain for the Old Trafford club. Chelsea’s £4.25billion sale at the end of last season has seemingly grabbed the attention of several owners in the Premier League.
Just months later, both Liverpool and Manchester United announced they were willing to listen to offers for a takeover. The Glazers released a statement back in November that the club was “commencing a process to explore strategic alternatives for the club”.
It’s been reported that an eye-watering asking price of £6bn has been set by the Glazers for a full takeover. British billionaire Sir Jim Ratcliffe remains the only person to express an interest publicly in buying United.
He’s the chairman and CEO of global chemicals company INEOS, who also own French side Nice. “We have formally put ourselves into the process,” a spokesman for the British billionaire said last month.
But the bidding process is expected to gain momentum this month as more entities come forward. US bidders are expected to be at the front of the queue while recent reports have stated an offer from Qatar could also be on the cards.