Friday, September 22, 2023
HomeFootballManchester United New Owner: Who Owns Man Utd Now?

Manchester United New Owner: Who Owns Man Utd Now?

Sources alleged that the "international media reports" and suggest that the basis of Al-Watan's misleading reporting was a Wales-based Twitter feed

The transfer saga for the ownership of Manchester United is still going on with reports from Qatar claiming that the latest proposal from Sheikh Jassim bin Hamad Al Thani, which was presented last week, has the Qataris feeling upbeat of being the new owner.

This is owing to Sir Jim Ratcliffe’s bid being viewed as convoluted; the fact that he gave the Glazer siblings the option to keep their minority shares for a while indicates that the deal may be more challenging to close.

Glazers will continue to be driven by greed for money

The sources assert that the Americans have dragged their feet for so long in an effort to convince the parties interested in the sale to sharply raise their bids. After all, the sale was first announced back in November 2022.

A sale was initially anticipated to be finalised in the first three months of 2023, yet here we are in June with no clearer understanding of who owns Manchester United. Read More: Premier League Transfer: Relegated Players that can attract big-money deals

Is the takeover of Manchester United complete?

The new offer, which is his fifth and last one, will pay off the club’s debt and provide extra money for the necessary investments in players and infrastructure.

The deal that will see him spend more than $6.3 billion on Manchester United has reportedly been agreed to become the new owner, according to Qatar’s Al-Watan newspaper. But later on Fahed al Emadi, the editorial director of Al-Watan, made a step to clarify the information. He tweeted: “Contrary to certain media and social media reports overnight, Al Watan is not owned by Hamad bin Jassim bin Jaber Al Thani, and Al Watan’s media report yesterday speculating about possible movement in the Manchester United takeover process was based on international media reports, as stated in the article itself, and with such news widely circulating periodically in international media for many months.” Read More: Manchester United Transfer News

Sources alleged that the “international media reports” and suggest that the basis of Al-Watan’s misleading reporting was a Wales-based Twitter feed with less than 300 followers called “2SportTV.”

However, the club itself chose not to comment today, so the question mark is still looming on the future of Manchester United as the Glazers are still the current owners of the club and the takeover saga continues. 

Thank you for reading it. Leave us a comment if you liked it.

Do follow us on: Google News | Facebook | Instagram | Twitter | Youtube | LinkedIn

Have a good day ahead 🙂

Niladri Biswas
Niladri Biswas
Niladri is a football enthusiast and die-hard fan of Liverpool FC. He is currently living his passion through writing about his favorite sport at The Sportslite. He sees himself as a renowned football journalist in the future.

Read More