{"id":289277,"date":"2023-09-03T20:48:58","date_gmt":"2023-09-03T20:48:58","guid":{"rendered":"https:\/\/tellmysport.com\/?p=289277"},"modified":"2023-09-03T20:48:58","modified_gmt":"2023-09-03T20:48:58","slug":"manchester-united-will-be-taken-off-the-market-by-the-glazer-family","status":"publish","type":"post","link":"https:\/\/tellmysport.com\/soccer\/manchester-united-will-be-taken-off-the-market-by-the-glazer-family\/","title":{"rendered":"Manchester United will be taken OFF the market by the Glazer family"},"content":{"rendered":"<h2>EXCLUSIVE: Manchester United will be taken OFF the market by the Glazer family after bidders fail to reach their asking price in a huge blow to furious fans&#8230; as they hold out for \u00a310BN for the club<\/h2>\n<ul>\n<li><strong>The Glazers are holding out for \u00a310billion to part ways with Manchester United<\/strong><\/li>\n<li><strong>The owners have received offers throughout a protracted negotiating period\u00a0<\/strong><\/li>\n<li><strong>Only Sheikh Jassim of Qatar and Sir Jim Ratcliffe emerged as serious bidders\u00a0<\/strong><\/li>\n<\/ul>\n<p>The Glazers are going to take Manchester United off the market, having failed to get close to their anticipated asking price, according to a source with long-standing close ties to the American family.<\/p>\n<p>The move is certain to provoke fury among United fans, who have never felt much warmth towards the club\u2019s owners, and blame them for a lack of recent success and investment in infrastructure.<\/p>\n<p>\u2018The Glazers are thick-skinned and won\u2019t be influenced by any negative fan reactions,\u2019 said the source, adding the family\u2019s original plan was to attract multiple serious bidders, and that didn\u2019t materialise.<\/p>\n<p>The family made it known last November that they were open to offers for either 100 per cent of the club, or a partial sale that left them with a sizeable stake. Only two serious bidders emerged, Sheik Jassim of Qatar, who wants the whole club, and Sir Jim Ratcliffe, whose offer would leave the Glazers with a minority interest.<\/p>\n<p>Sources close to those parties have been left frustrated as to the Glazers\u2019 stance, making multiple rounds of offers and being given no indication of where they stood.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/02\/21\/74996375-0-image-a-85_1693686950486.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>The Glazers will take Manchester United off the market after failing to receive a bid matching their valuation<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/02\/21\/74996373-0-image-a-87_1693686960887.jpg\" height=\"677\" width=\"634\"><\/p>\n<p>Sir Jim Ratcliffe is one of only two bidders to emerge as a serious contender for the club<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/02\/21\/74996371-0-image-a-89_1693686967871.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Fans have protested against their unpopular owners regularly and the move is sure to provoke fury<\/p>\n<p>Your browser does not support iframes.<\/p>\n<p>At one point Sheik Jassim\u2019s camp bypassed US merchant bankers Raine, who have been in charge of the sales process, to deal directly with the Glazers. And even amid recent rumours suggesting the Qatari bid was about to be accepted, the situation hasn\u2019t moved on.<\/p>\n<p>The logic for taking United off the market now, says the source, is that the Glazer family will try to sell the club again in 2025, when they hope financial and \u2018environmental\u2019 factors may attract more bidders.<\/p>\n<p>The Glazers hope for a higher price thanks to an uplift in TV rights revenues, the expansion of FIFA\u2019s Club World Cup to 32 teams from 2025, which could be very lucrative, and the forthcoming 2026 World Cup. That event, to be hosted in the USA, will heighten the interest of American billionaires in football investments. The Glazers think this may help them sell United for between \u00a37billion and \u00a310bn.<\/p>\n<p>A sit-in protest by United fans was held at Old Trafford last week and urged the family to sell up, yet again, but the Glazers have long ignored supporters.<\/p>\n<p>The owners have backed manager Erik ten Hag and hope he can deliver major silverware to the club over the next two seasons, which would help boost the sale price.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/02\/21\/74996367-0-image-a-88_1693686966443.jpg\" height=\"447\" width=\"634\"><\/p>\n<p>Sheikh Jassim was the other serious bidder to emerge, though his camp at one point bypassed US merchant bankers Raine, who have been in charge of the sale process<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/02\/21\/74996369-0-image-a-90_1693686971120.jpg\" height=\"435\" width=\"634\"><\/p>\n<p>A sit-in protest by United fans was held at Old Trafford last week and urged the family to sell up<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/i\/pix\/2017\/08\/02\/636x90_facebook_ad_sport.png\" width=\"636\" height=\"90\"><br \/>\nSource: <a href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-12474251\/Manchester-United-taken-market-Glazer-family-bidders-fail-reach-asking-price-huge-blow-furious-fans-hold-10BILLION-club.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EXCLUSIVE: Manchester United will be taken OFF the market by the Glazer family after bidders fail to reach their asking price in a huge blow to furious fans&#8230; as they hold out for \u00a310BN for the club The Glazers are holding out for \u00a310billion to part ways with Manchester United The owners have received offers&hellip;<\/p>\n","protected":false},"author":2,"featured_media":289276,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Manchester United will be taken OFF the market by the Glazer family - Tell My Sport<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tellmysport.com\/soccer\/manchester-united-will-be-taken-off-the-market-by-the-glazer-family\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manchester United will be taken OFF the market by the Glazer family - Tell My Sport\" \/>\n<meta property=\"og:description\" content=\"EXCLUSIVE: Manchester United will be taken OFF the market by the Glazer family after bidders fail to reach their asking price in a huge blow to furious fans&#8230; 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