Man Utd takeover: Sheikh Jassim has ‘confidence’ amid concern over transfer approach & Glazers’ plans

The uncertainty surrounding Manchester United’s long-term ownership continues five days on from the initial offers being submitted for the club from Qatar’s Sheikh Jassim bin Hamad Al Thani and Ineos, whose majority shareholder is the UK’s richest man Sir Jim Ratcliffe.

It’s been widely reported that Sheikh Jassim’s bid is favourite to win at this stage, but the concern about links with Paris Saint-Germain have been suggested as possible barriers to any takeover. However, the Telegraph claim Sheikh Jassim is confident his offer will not fall foul of any rules and will not prevent him buying the 20-time English champions.

The same article also claims the six Glazer siblings remain divided on whether to sell the club, with the ball ‘very much’ in their court at this stage. That uncertainty has impacted United’s share prices, which has fallen from 26.64 USD on Friday to 23.13 USD on Tuesday.

Meanwhile, Sky Sports’ Kaveh Solhekol tweeted: “The two known rival bidders for Manchester United would both run the club not for profit if they succeed in buying it from the Glazer family.” He added that Ineos and Jassim are waiting for access to detailed financial information before formal bids can be tabled.

For many ardent supporters of a Qatar-based bid, the attraction of Erik ten Hag being handed significant transfer funds this summer is a driving factor. Yet ESPN claim that won’t be the case with United at risk of breaching Financial Fair Play regulations. “Dropping out of the Champions League and a lack of significant player departures has meant United are keeping a close eye on FFP compliance,” ESPN reported.