"These are the latest developments surrounding the transfer of MU Club, but it is also becoming deadlocked. The situation makes the fans of the Old Trafford team more impatient, while coach Erik ten Hag is disappointed because everything is still stagnant. At the same time, the value of MU Club on the New York Stock Exchange (USA) has decreased by about 500 million pounds," Sky News channel said.
Glazer family continues to control MU Club
This information came right after Qatari billionaire Sheikh Jassim suddenly announced his decision to withdraw from the race to buy MU Club, because his second bid worth 5 billion pounds continued to be rejected by the Glazer family.
"The American owners of the Glazer family have been selling MU since November 2022. But despite many offers, the most serious ones are from Qatari billionaire Sheikh Jassim and British billionaire Jim Ratcliffe. However, the Glazer family has not yet agreed to sell the Manchester team they bought in 2005 for only 750 million pounds," said transfer news expert Fabrizio Romano and the BBC .
The Glazers' lack of clarity in selling MU has significantly affected the team's plans in the near future. Coach Erik ten Hag and MU fans are hoping that the team will soon change owners, so that the new owners can pay off all current debts, upgrade Old Trafford, Carrington training ground and increase spending on new players in the winter transfer window... These plans will probably have to wait.
Qatari billionaire, Sheikh Jassim
The Glazers still do not want to sell the team, despite all the protests from MU fans, or the very generous offer from Qatari billionaire, Sheikh Jassim. Meanwhile, they are only considering the possibility of selling 25% of the shares to billionaire Jim Ratcliffe and still control the entire Red team of Manchester.
MU is currently ranked 10th in the Premier League, 8 points behind the leader Tottenham after only 8 rounds. The "Red Devils" of Manchester have also lost 6 out of 11 matches since the start of the 2023-2024 season, and have not won the Premier League since 2013.
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