Man Utd takeover: Glazers set to deny Ten Hag wish as telling Sheikh Jassim update emerges
Manchester United boss Erik ten Hag’s growing frustration with the lack of progress regarding the club’s takeover is expected to rumble on as sources close to Sheikh Jassim have once again relayed that there have been “no significant developments”. The concerning update suggests the delays could yet plague United’s summer transfer window despite reassurances that their plans to recruit new players would not be impacted by the saga.
United are already operating strategically to work within the means of Financial Fair Play regulations following their £220million splurge last summer.
Yet their cause would have undoubtedly been bolstered this summer by the arrival of new owners – not least Sheikh Jassim after he pledged a commitment to signing star players.
Ten Hag is yet to make headway in the market and reports suggest the takeover is no closer to the endgame after weeks upon weeks of delays.
Figures close to Sheikh Jassim have told the Manchester Evening News that there have been “no significant developments” over the sale of Manchester United.
There has been suggestion on social media that there could be some line of communication or update on Tuesday (June 27).
The Glazer family are still seemingly undecided on whether they are prepared to sell up and walk away from Old Trafford after buying the club for £790m in 2005.
Both contrasting proposals from Sheikh Jassim and Sir Jim Ratcliffe remain on the table but there is still some way to go before any takeover is finalised.
The fifth and final offer from Qatar is worth £5bn with an extra billion to help fund changes to the club’s infrastructure including new signings.
The Glazers were initially told earlier this month it was ‘take it or leave it’ but the proposal remains on the table
Sheikh Jassim is adamant he only wants to complete the full purchase of the club which is believed to be one of the reasons the Glazers are struggling to decide their next move.
Meanwhile, Ratcliffe’s lucrative proposal includes ‘put and call’ arrangements that would mean he could effectively buy the Glazers’ out in three years’ time.
It’s believed INEOS value United between £5bn and £5.5bn as they continue to wait for an update.
Ten Hag will now be desperate for progress in due course as he targets a new striker, goalkeeper, centre-back and central midfielder this summer.
Not only will new owners bolster transfer funds but they will also help United in their quest to recruit players as the club can outline their show of ambition as they seek to dethrone Manchester City as the kings of English football.
United are thought to be keen on West Ham captain Declan Rice but the club would likely have to include players in a package if they are to test the Hammers’ resolve.
