London Daily

Focus on the big picture.
Wednesday, Jul 09, 2025

Glazer family finally decide their preferred bidder for Man Utd takeover

Glazer family finally decide their preferred bidder for Man Utd takeover

The sale of Manchester United could finally be reaching the final straight with the Glazers having selected Sir Jim Ratcliffe as their preferred bidder, according to reports.

Ineos founder Ratcliffe has been going head-to-head with Qatari banker Sheikh Jassim bin Hamad al-Thani over a five-month process that has seen three rounds of bidding to win control of the club.

US bank Raine Group have been overseeing the sale, with third and final bids submitted at the end of April.

Although there have been several other offers regarding minority stakes, the main two bids have come from Ratcliffe and Sheikh Jassim with a preferred bidder now – finally – emerging.

According to The Sun, the Glazers have chosen the Ratcliffe and Ineos bid as their preferred partner and an official announcement could come ‘within days’.

As has been previously reported, two of the Glazer family – Joel and Avram – do not want to sell their shares and will remain as part of the ownership group at United.

The other four Glazer siblings are cashing in, though that is unlikely to placate United fans who have routinely chanted ‘We want Glazers out!’ at matches and will be disappointed by news that Joel and Avram will be hanging around.

Ratcliffe looks set to take over the reins at Old Trafford


But that is believed to have been a deal-clincher for Ratcliffe’s bid and his offer of majority control was favoured over Sheikh Jassim’s full buyout.

Although the Qatari bid was worth more than Ratcliffe’s, coming in at around £5billion, the Ineos proposal valued the club at closer to £6bn – though they will only be buying 50% of the club now.

There have been suggestions that Ratcliffe will eventually look to buyout the final two Glazer siblings at a later date, and the current proposal allows more funds to be funnelled into making transfers this summer as well as upgrading the stadium and training facilities.

In fact, Avram and Joel could be ousted by 2026 with Sky News having previously revealed that Ratcliffe wanted to include clauses that would see him complete a 100% buyout within three years.

The looming change of leadership is likely to herald a number of changes in senior management positions, with The Sun’s report suggesting chief executive Richard Arnold will be one of the first high-profile board members to be axed.

Although the Glazers may have decided their preferred bidder, completion of the deal could still take several months and potentially hamper United’s ability to complete transfers in the summer window.

Newsletter

Related Articles

0:00
0:00
Close
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
Poland Implements Border Checks Amid Growing Migration Tensions
Political Dispute Escalates Between Trump and Musk
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
US Senate Votes to Remove AI Regulation Moratorium from Domestic Policy Bill
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
Jury Deliberations in Diddy Trial Yield Partial Verdict in Serious Criminal Charges
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
×