The football world stopped when the Man United takeover news became public. “GlazersOut” has been a trend ever since the Glazer family completed an ethically questionable, leveraged takeover of the club. So, when the family announced they were exploring “new investment”, and are open to a sale, there was widespread euphoria in the fanbase. However, as is the case in any deal of this magnitude, things have moved slowly.
From November 22, when Glazers’ bombshell announcement regarding Manchester United’s sale dropped, to this day, there has been a game of poker played out in the media. Goalposts have shifted constantly, updates and non-updates have filled the pages, bidders have come and gone, and the Glazers refuse to provide any clarity.
Club statement on a process to explore strategic options for Manchester United.#MUFC
— Manchester United (@ManUtd) November 22, 2022
We seek to put the whole saga so far in perspective with a detailed timeline of Man United takeover news.
November 22, 2022- The Glazers confirm they’re open to a sale
If/when the takeover goes through, November 22, 2022 will go down as a historic date in Red Devils‘ vast history. Just like June 2005 is etched in fans’ minds as the cursed month when Glazers took full control, November 22, 2022 will be the potion to that date.
In a short statement posted on the club website, the Glazer family announced that the Company’s Board of Directors is “commencing a process to explore strategic alternatives for the club, including new investment, a sale, or other transactions”.
At the time, the prospect of a full sale was the dream scenario, which looks increasingly likely now.
February 17, 2023- Soft deadline for bids, two go public
After nearly three months of posturing, with many people wanting public attention, or wanting to be associated with a sale of this size being filtered out, two bids for the club became public. Hence began the process of Man United takeover.
Boyhood United fan Sir Jim Ratcliffe submitted a bid for majority ownership of the club. Also the owner of OGC Nice, his bid was celebrated by many as the antithesis of everything the Glazers stood for. However, he was not going to have an easy time of it.
Out of the blue, the son of former Qatar PM Hamad bin Jassim bin Jaber Al Thani, Sheikh Jassim announced he had submitted a bid for 100% ownership of the club. Thus began a game of poker, played out in the public.
Another player entered the very next day…
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