British billionaire Jim Ratcliffe and Qatari Sheikh Jassim Bin Hamad Al Thani have made bids for the famous club.
The owners of Manchester United have pushed back their deadline for a possible sale of the club to this summer, according to a report.
Citing sources close to the process, the Telegraph reports that the Glazer family is now targeting a sale before the soccer transfer window opens in June. Previously, the owners had been looking to complete a deal in the first quarter of 2023 or by the end of April, the report said. Sheikh Jassim Bin Hamad Al Thani, the chair of Qatar Islamic Bank and the son of a past prime minister of Qatar, has made a bid for the club. The bid will be debt-free through Sheikh Jassim’s Nine Two Foundation, which was named in an apparent nod to Manchester United’s “class of ’92” FA Youth Cup-winning team, which included future stars David Beckham, Ryan Giggs, Paul Scholes, Gary Neville, Phil Neville and Nicky Butt.
British billionaire Jim Ratcliffe, CEO of the chemical giant Ineos, has also made a bid for Manchester United. The billionaire’s sporting links are strong: Ratcliffe, who ranks 27th on the Sunday Times Rich List, already owns the French Ligue 1 soccer club OGC Nice and the Ineos Grenadiers professional cycling team.Ineos has not yet responded to a request for comment on this article.
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