Man Utd takeover news as consortium eye ‘significant’ move amid ‘deadline’ plus Saudi and Jim Ratcliffe update

Friday marks the unofficial deadline for the Glazer family to receive bids for Manchester United. A whole of host of different parties have been linked with the club over recent times as their ownership situation continues to remain uncertain at this moment in time.

Sky Sports reporter Kaveh Solhekol has claimed investors assocwith the Qatari royal family will make an official offer for the Premier League side (see tweet below). Here is everything else that has been reported regarding that particular group...

TalkSPORT journalist Alex Crook believes Qataris are the frontrunners right now and they are a separate company to the ones who own French giants PSG. Bloomberg News report they are preparing a bid of roughly £5billion, with Hamad bin Jassim bin Jaber Al Thani, the former prime minister of Qatar, involved in the consortium along with the Emir of Qatar Sheikh Tamim bin Hamad al-Thani.

Sky Sports suggest a Qatari takeover would lead to ‘significant’ investment in the team, Old Trafford and the city of Manchester. However, the report stresses that the group will not ‘overpay’ for United though with the Glazers eyeing around £5billion.

Other interested groups?

There has also been reported interest from Saudi Arabia. The Telegraph report that groups in Riyadh have made formal inquiries as they look to challenge the Qataris. The Saudi Public Investment Fund took over Newcastle United in 2021 and have enjoyed success with the North East outfit so far.

It has been well documented that billionaire Sir Jim Ratcliffe is keen on buying United. Sky Sports say he is ‘working on a deal’ along with US investment banks Goldman Sachs and JP Morgan. He is believed to be Britain’s richest man and was born in Manchester.