Mazaplay
  • Home
  • Cricket News
  • IPL
  • Football
  • UFC
  • Esports
  • SIGN UP
  • WHATSAPP ID
No Result
View All Result
  • Home
  • Cricket News
  • IPL
  • Football
  • UFC
  • Esports
  • SIGN UP
  • WHATSAPP ID
No Result
View All Result
Mazaplay
SIGN UP
whatsapp icon
No Result
View All Result

Home » Manchester United owners receive world record bid for the sale of the club worth close to $5 Billion

Manchester United owners receive world record bid for the sale of the club worth close to $5 Billion

Manchester United might be getting new owners sooner rather than later

Rohit Kumar by Rohit Kumar
Apr 29, 2023 02:34 pm
in Football News
0
Manchester United

Manchester United (Source - Twitter)

0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

Prior to Friday at 10 p.m., Sheikh Jassim made a record-breaking offer of more than £5 billion to purchase Manchester United, while INEOS also made a majority ownership offer. Minutes before the deadline of 10 p.m., set by the current Glazer family after the conclusion of the third bidding phase, the head of Qatar Islamic Bank submitted his final proposal for the club, followed quickly by another front-runner, Sir Jim Ratcliffe, proprietor of INEOS. 

Sheikh Jassim’s proposal would surpass the pending £4.8 billion purchase of the NFL team Washington Commanders by at least £200 million, although it would still fall below the Glazers’ estimated £6 billion value of the club.

In addition to strengthening Erik Ten Hag’s team, it would also guarantee the development of the club’s surrounding infrastructure, including the stadium and training facility at Old Trafford as well as the neighbourhood.

The Elliott investment fund’s anticipated offer for a minority share in the team, along with any other late-day offers still pending, have not been confirmed. Ratcliffe’s offer would only acquire slightly more than 50% of United’s shares, giving the Glazers still a minority stake of about 20% and still having some sway over decisions at Old Trafford.

Large segments of United’s fan base, who have pushed for the Glazers to leave Old Trafford since their leveraged buyout in 2005 threw the club into massive debt, would not be happy with Ratcliffe’s potential deal. The conclusion of the last round of bids will end the five-month ordeal that has been going on since the Glazers initially said they were thinking about selling United around November 2022.

Pundits and experts give their view on the takeover 

Sky Sports pundits spoke about the bid for the club and how it can be one of the best decisions for the fans, the team, the manager and the current owners. Sky Sports News chief reporter Kaveh Solhekol said that “They think there’s not one that comes close to this. It’s for 100 per cent of the club, it’s debt free, and money will be made available not just to Erik Ten Hag but also for improving the infrastructure around the club; doing the kind of thing Man City have done in Manchester. They believe this is the best bid, the final bid they’re going to make – now it’s up to the Glazers. Are they really serious about selling Man Utd with a world-record bid on the table? It’s not just exceptional for them and will see them make an awful lot of profit, but the Qataris believe it’s also the best offer for the sake of the club.

Tags: FootballManchester United
Previous Post

‘Kohli as captain toh sabko dekhna hai Shastri bhai’ – Fans react to Ravi Shastri’s bold statement regarding Virat Kohli as captain in Test Championship final

Next Post

‘Abe frame hi karega pochha thodi lagayega’ – Fans react as Mehidy Hasan Miraz frames Virat Kohli’s signed jersey at his house

Next Post
Virat Kohli and Mehidy Hasan Miraz (Source - Twitter)

'Abe frame hi karega pochha thodi lagayega' - Fans react as Mehidy Hasan Miraz frames Virat Kohli's signed jersey at his house

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Virat Kohli and Mohammed Siraj (Source - Twitter)

‘Most aggressive duo of Test cricket’- Twitter reacts as Mohammed Siraj takes revenge on Litton Das, Virat Kohli’s reaction goes viral

December 15, 2022
Michael Vaughan, Ishan Kishan and Virat Kohli (Source - Twitter)

Michael Vaughan tells India how to play white-ball cricket after Ishan Kishan, Virat Kohli’s blazing knocks

December 11, 2022
'Ball tak touch nahi kar skte' - Fans slam as India lose against Bangladesh in second ODI

‘Ball tak touch nahi kar skte’ – Fans slam as India lose against Bangladesh in second ODI

December 7, 2022
KL Rahul, Cheteshwar Pujara and Rishabh Pant (Source - Twitter)

KL Rahul comments on Cheteshwar Pujara’s appointment as India vice-captain ahead of Rishabh Pant for Bangladesh Test series

December 12, 2022
Shreyas Iyer (Source - Twitter)

Watch: Shreyas Iyer survives as bails stay intact despite ball hitting stumps

December 14, 2022
Indian Cricket Team (Source - Twitter)

‘Ab Unadkat or Umesh Yadav ko bhi bahar mt kr dena’- Twitter reacts as Indian bowlers outclass Bangladesh on Day 1 of 2nd Test

December 22, 2022
Ravi Shastri (left) and Sanju Samson (right)

‘Do match khelaya and phir nikala’- Ravi Shastri slams Indian team management for Sanju Samson’s treatment- Watch

November 20, 2022

‘Tussi na jao’ – Fans react as LSG pacer Mark Wood set to miss final stages of IPL 2023

April 25, 2023

‘Heere ki parakh johri ko hi hoti hai’ – Fans react on Akash Madhwal’s ‘RCB did not give me a chance, MI found my talent’ comment

May 25, 2023

‘Pakistan ko haraya toh zinda ghar nahi jaaoge’- Twitter reacts as Bullets fired near England team’s hotel, threats received

December 8, 2022

‘Chalo koi nahi, inka time acha chal raha hai’ – Fans react to Pakistan becoming Number 1 ODI team for first time in history

May 6, 2023

‘But first, well-deserved break…’ – Suresh Raina’s suggestion for team India to cope with semi-final loss

November 11, 2022

‘Arre vah! Yeh fatakdi kon hai’ – Laura Wolvaardt’s confused look wins fans’ hearts during the Women’s 20-20 World Cup conference

February 23, 2023

‘Tujhme kis baat ka attitute hai bhai’ – Fans react as Indian Cricket Board takes action against Avesh Khan’s wild celebration

April 11, 2023

‘Khud ka hairstyle dekha hai kabhi’ – Fans react as Yuvraj Singh savagely trolls Ravindra Jadeja for his hairstyle

April 28, 2023

‘Ab ghodo ki race me gadhe bhi daudenge’ – Fans react as Hasan Ali takes an outstanding relay catch in PSL clash

March 4, 2023
OUR SPONSORSHIPS
banner
whatsapp Sign Up with WhatsApp ID
Mazaplay

Categories

  • 20-20 World Cup
  • Abu Dhabi T10 League 2022
  • Analysis
  • Australia vs South Africa 2022-23
  • Australian Open 2023
  • Bangladesh vs India 2022
  • Big Bash League 2022-23
  • Cricket News
  • Esports
  • FIFA World Cup 2022
  • FIH Hockey World Cup 2023
  • Football News
  • Hockey
  • India vs Australia 2023
  • India vs New Zealand 2023
  • India vs Sri Lanka 2023
  • Indian Premier League 2023
  • Indian T20 League Auction
  • International League T20 2023
  • Lanka Premier League 2022
  • New Zealand vs India
  • Pakistan Super League 2023
  • Pakistan vs New Zealand 2023
  • Press Release
  • Records & Stats
  • SA20 2023
  • South Africa vs England 2023
  • Twitter Reactions
  • UFC
  • Uncategorized
  • Women's 20-20 World Cup 2023
  • Women's T20 League 2023
  • WWE

Recent News

CSK vs GT IPL Final scenario

CSK vs GT IPL 2023 Final: Weather forecast, Super-over, Cut-off time – All scenarios explained

May 29, 2023
IPL 2023

‘Ab saans lelo mast, thodi der phone rakh do side me’- Fans relieved as IPL 2023 final moves to reserve day

May 29, 2023

© 2023 MazaPlay

No Result
View All Result
  • Home
  • Cricket News
  • IPL
  • Football
  • UFC
  • Esports
  • SIGN UP
  • WHATSAPP ID

© 2023 MazaPlay

Whatsapp ID Get WhatsApp ID