Joel and Avram Glazer confident of remaining as Manchester United owners and set to snub full sale
The Metro says Joel and Avram Glazer are increasingly confident of securing outside investment that will allow them to avoid a full sale of Manchester United and remain as the club’s owners, according to reports.
The club is currently in the middle of a protracted bidding process – with third and supposedly final proposals needing to be submitted before April 28 – and fans had been hopeful the Glazers would finally be bought out.
Qatari banker Sheikh Jassim bin Hamad Al Thani and Ineos founder Sir Jim Ratcliffe, who is Britain’s richest man, both submitted offers for an outright takeover in the region of £4.5billion.
But there have been growing concerns that the Glazers are not interested in a full sale, while suitors were left ‘baffled’ by a lack of communication from both the family and Raine Group – who are marketing the sale.