Wednesday is set to be a huge day in the modern history of Manchester United.
On-field fortunes have been revived this season by incoming manager Erik ten Hag but there is still hope from supporters that those currently in charge at Old Trafford will soon be removed from their posts.
The Glazer family has received sharp criticism for its running of the club and their high market valuation means there is a limited pool of potential buyers.
Stay tuned here throughout the day for the latest news and updates on the sale of Man Utd.
BREAKING: Qatar’s Sheikh Jassim will make world record bid for Manchester United this evening 💰 pic.twitter.com/E1W3vB6Gnf
— Sky Sports News (@SkySportsNews) March 22, 2023
Sheikh Jassim is expected to make a world record bid for Manchester United on Wednesday evening, Sky Sports report.
Man Utd have entrusted the Raine Group, a New York-based investment banking, with brokering the sale of the club.
It previously oversaw Roman Abramovich’s exit as Chelsea owner and Todd Boehly’ s arrival and claims the value of its current assets sits in excess of $4bn.
Ratcliffe is the chairman and CEO of Ineos, the fourth largest chemicals company in the world. He and INEOS own Swiss Super League side FC Lausanne-Sport and Ligue 1 club Nice.
He was previously linked with Chelsea when Roman Abramovich left the west London club, but the Blues were eventually poached by American mogul Todd Boehly.
Al Thani is a Qatari billionaire and son of the country’s former Prime Minister, Hamad bin Jassim Al Thani.
He was educated in the United Kingdom and has worked as a board member and chairman with various companies and banks.
Reports around the United Kingdom state Man Utd have told prospective owners to submit second, revised bids for the club by 21:00 GMT on Wednesday.
BBC Sport report eight different investors were entertained over a ten-day period which included meetings and tours of Old Trafford and the club’s Carrington training complex.
The Raine group – the investment bank advising United and conducting the sale – could soon announce a preferred bidder.
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Ratcliffe is one of two bidders to have gone public with their offers alongside Qatar’s Sheikh Jassim bin Hamad Al Thani.
90min understand the Glazers are holding out for an offer of £6bn but Ratcliffe has already said he will…
Click Here to Read the Full Original Article at 90min EN…