No progress in the Manchester United takeover? Sources broke the news: the results have been released! Jassim will win
It has been more than eight months since last November. Including Jassim's final offer, the bidder's offer has gone through 3+2 rounds. But so far there has been no progress, and the chaotic situation has severely constrained United's summer window signings, which has made all Manchester United supporters gradually angry from fear, and some fans have begun to consider expressing their anger.
According to the Post, a group of Manchester United fans planned to hold a protest in the club's big store against the Glazer family to express their dissatisfaction with the slow progress in the sale of the club. The 1958 fan organisation said they would show up at the Old Trafford store on Tuesday morning, coinciding with the release of Manchester United's new Adidas shirt. Shirt launch day is one of the busiest days in the Old Trafford store, when many people are expected to line up to buy the new shirt. And this protest is a timely reminder of the Glazer family, and if the result is still unclear, it cannot be ruled out that there will be more and more fierce protests from fans.
The anger of the fans is understandable and empathetic. But if we think about it, we will wonder, does the lack of news mean that there is no progress? Not necessarily!
Fans who follow the Manchester United acquisition should know that since the media revealed that the Glazer family intends to sell Manchester United, various media reporters have never stopped reporting. And during the 3 rounds of offers, all sorts of news flew all over the place. One moment Ratcliffe leads, and the other time Jassim raises the price to take the lead. In short, these 2 people are catching up on the main track, constantly pushing the price up to the psychological price of the Glazer family.
Finally, after the final offer from Jassim's side, the news began to dwindle, until recently it almost completely stopped. We don't know whether to reach an agreement or if the deal falls through, and the wait is an ordeal.
But no media or journalists reported that the deal fell through, indicating that the acquisition is still ongoing. As for why there is no news, this shows that the transaction is completely closed, which is a good thing. This is also a further confirmation of the previous media reports that Jassim has obtained exclusive negotiating rights, because the Glazer family will not be able to negotiate with other bidders during this time.
According to a M&A adviser, when the club announced its financial results on June 27, "from the bidder's point of view, the outcome [of the sale] will already be known." "The likely winner will be Sheikh Jassim bin Hamad Al Thani.
So, be patient, it's been like this for more than 10 years. And even if Jassim wins, there will be a lot of work to be done before it can fully change hands. But as long as the Glazer family can leave and Jassim takes over, it is acceptable that this summer window will not be satisfactory.