Manchester United takeover news: Latest as Qataris and Sir Jim Ratcliffe prepare bids – live updates

British billionaire Jim Ratcliffe officially enters the race to buy Manchester United from Glazers

Manchester United are preparing to receive multiple offers for the club today at a pivotal stage in their takeover saga.

Qatari banker Sheikh Jassim Bin Hamad Al Thani is set to make a second bid for the club after a delegation traveled to Old Trafford for talks last week, while British petrochemical billionaire Sir Jim Ratcliffe is also expected to make a new proposal. However, there are also reports that several other parties are interested in the club.

The Glazers, who bought Manchester United for £790m in 2005 and left the club in debt, want around £6bn, which would be a record sum for a football club. While the Americans are keen on a sale, it’s believed they remain open to the idea of ​​selling just a minority stake in United and retaining control at a time when performance on the pitch is improving under the new manager Erik ten Hag is improving and the prospects are better than they have been for many years.

Follow the latest news and updates on the acquisition below.

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Ratcliffe makes a ‘good impression’ on a tour of Old Trafford.

Last week, prospective Manchester United suitors were given tours of Old Trafford and Carrington Training Ground.

Discussions between club executives and the potential new owners last between seven and 10 hours, depending on the group, and the Daily Mail reports that Sir Jim Ratcliffe made a “good impression” on those involved in the process.

Qatari Sheik Jassim is offering to buy 100% of Manchester United’s shares, which will be difficult and time-consuming, but he has promised to pay off the club’s debts.

By comparison, Ratcliffe is looking to purchase the 69 percent interest currently held by the Glazer family to become the majority shareholder and de facto owner.

A total of around eight groups were guided through the stadium and training ground.

Michael JonesMarch 21, 2023 2:00 p.m

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Footballers Who Saw Red: From Cantona Kung Fu Kick to Barton on the Edge

Fulham striker Alexander Mitrovic will be on the touchline for an extended period of time to smack referee Chris Kavanagh in Fulham’s 3-1 FA Cup defeat by Manchester United.

Here, the PA news agency takes a look at a selection of other players who have been hit with juicy suspensions for on-field offenses.

Michael JonesMarch 21, 2023 1:50 p.m

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Manchester United share price rises

Manchester United’s share price is up 3.74% from $22.71 (£18.53) to $23.56 (£19.23) since the stock market opened on Monday, after reports that the Qatari Consortium interested in buying the club will make an official second offer tomorrow.

Investment platform Saxo believes this share price surge is also due to Erik Ten Hag’s side reaching the FA Cup semi-finals, along with positive speculation about a possible takeover of the club, which could open the floodgates for United to make plenty ahead of time Spend money beginning next season.

Michael JonesMarch 21, 2023 1:42 p.m

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“I dream of playing in the Premier League,” says Osimhen

Are these quotes from Napoli’s Victor Osimhen a sign of his upcoming Premier League arrival this summer?

Earlier this month, Osimhen said: “I think playing in one of the top five leagues in the world (Serie A) is an incredible feeling for me. Many people around the world consider the Premier League to be the best and strongest league, but now I’m in one of the best leagues in the world, Italian Serie A.

“I’m working so hard to make sure I achieve my dream of playing in the Premier League one day but like I said it’s a process and I just want to keep that momentum and keep doing well.”

The striker has scored 25 goals this season, taking Napoli to the top of the Serie A table and to the quarter-finals of the Champions League.

He was the subject of a possible move to Old Trafford as Erik ten Hag will need to sign a main striker following the departure of Cristiano Ronaldo.

United are also interested in Tottenham’s Harry Kane but with a three-figure price tag expected for both players, Osimhen, 24, could be the wiser investment.

Michael JonesMarch 21, 2023 1:33 p.m

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Manchester United hold takeover talks with a delegation representing Sheikh Jassim ahead of Ineos’ visit

The representatives of future Manchester United owner Sheikh Jassim held positive, constructive talks during their visit to the club last Thursday, they are said to have.

In November it was announced that the owners of the Old Trafford giants, the Glazer family, were conducting a strategic review and a sale was an option being considered.

Qatari banker Sheikh Jassim Bin Hamad Al Thani and Ineos founder Sir Jim Ratcliffe have made a bid to buy United, with both parties visiting the club this week.

Sheikh Jassim did not travel to Manchester but sent a strong delegation with a visit to Old Trafford followed by presentations and talks at Carrington.

It is understood Shahzad Shahbaz, President of Sheikh Jassim’s Nine Two Foundation, was present along with Fady Bakhos, the Qatari banker’s personal adviser.

Michael JonesMarch 21, 2023 1:23 p.m

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Money men work out the true value of Manchester United

With Sheikh Jassim reportedly ready to overpay for Manchester United, an insider close to the deal in the United States told Sky Sports:

“All numbers from the bidders will determine the true value of the club over the next few days. They will make second bids. The reality is that their first bids were only indicative.

“In this process, the second bids next week are really the first serious bids.”

The Glazer family believe Manchester United are worth at least £6bn

Michael JonesMarch 21, 2023 1:13 p.m

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Camavinga to Old Trafford?

Consider this rumor highly unlikely.

Manchester United are once again linked with a bid for Real Madrid midfielder Eduardo Camavinga. Spanish socket fichajes, says the Red Devils are considering a £115m offer for the 20-year-old.

The club had previously been linked with a move to Camavinga in 2021 but he ultimately opted to leave Rennes for the Bernabeu, where he has become a central figure for Carlo Ancelotti.

With Real Madrid having an aging midfield in the form of Luka Modric and Toni Kross, Camavinga’s importance to the club is vital and it’s unimaginable that they would let him go even for such a hefty price.

Michael JonesMarch 21, 2023 1:02 p.m

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Man Utd’s Europa League opponents Sevilla sack boss Jorge Sampaoli

Sunday’s 2-0 defeat by Getafe left them just two points above the bottom three in a crowded bottom half and the club have dismissed the former Argentina and Marseille manager.

“Sevilla FC today relieved Jorge Sampaoli of his duties,” read a statement on the club’s website.

Michael JonesMarch 21, 2023 12:53 p.m

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Sheikh Jassim ‘ready to overpay’ for Manchester United

Sheikh Jassim Bin Hamad Al Thani would now be “ready to overpay” for Manchester United with a figure closer to the Glazers’ £6billion asking price when he makes a second bid for the club on Wednesday Sky Sports.

It was previously expected that the Qatari bidders were determined not to overpay for the club, a stance echoed by Sir Jim Ratcliffe. A visit to Old Trafford by a delegation representing Sheikh Jassim changed things.

After lengthy, constructive meetings and deliberations with his bankers and advisors in Qatar last Friday, Sheikh Jassim is expected to put together what he believes is a compelling offer for the club.

Michael JonesMarch 21, 2023 12:43 p.m

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Qatar’s takeover of Man United would mark a new low for English football

A Qatari government takeover of Manchester United would be nothing short of an English football travesty.

This is a tremendous moment for the sport. The concern is twofold, each having a multiplying effect on the other to have a potentially irreversible impact on the game. At its moral core, English football’s biggest club is being led to portray the biggest problem in football at the moment. United would be used politically to mitigate one of the world’s most criticized human rights records, centered on a labor system dubbed modern slavery, and consequently blame this noble institution.

United would no longer be just about Salford, Manchester and a community of fans enthralled by a glorious history of adventure and defiance. It would be about Qatar, its foreign policy and the kind of issues that football simply shouldn’t concern itself with. “Sportswear” is too soft a description of what’s actually happening here, especially considering the other topic.

Buying United through a government bid would mean the three main countries pushing the Gulf blockade finally own all the major clubs in England, including the biggest of them all. What would it say about what the Premier League is? The most watched league in the world would become, to a far greater extent, the most morally vulnerable. The competition would be turned into a political arena. Manchester would be turned into a political arena. Nobody should be under any illusions about this.

Michael JonesMarch 21, 2023 12:33

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