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Date: 2024-04-24 08:43:46 | Author: FBS | Views: 12856 |
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Neither of the two leading bids for Manchester United, fronted by the Qatari banker Sheikh Jassim Bin Hamad Al Thani and Sir Jim Ratcliffe, submitted their improved offers for the club by Wednesday’s deadline, The Independent understands.Both parties had until 9pm to submit their offers but have instead asked for an extension
An extension to the process has been granted, however, and both Ratcliffe and Sheikh Jassim both intend to meet the new deadline.RecommendedGreed has brought football to the brink of implosion – now the entire structure could collapseQatar ready to increase Manchester United offer amid new strategy to secure takeoverBoth parties - which are the only groups to publicly declare their interest - visited Manchester United for meetings last week.Bids will be handled by the Raine group, but it is understood the Glazer family are split over whether they want to sell the club or retain minority ownership.The Glazers want a record £6bn for the club - a fee The Independent understands the Qatar group are prepared to match.INEOS have the funds to compete with the Qatar bid but it has been reported Ratcliffe has held concerns over the price rising too high.More aboutJim RatcliffeJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments 1/1Leading Manchester United bidders ask for deadline extension Leading Manchester United bidders ask for deadline extensionThe Manchester United takeover saga has taken a twist Getty Images ✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesVoucher CodesVery Discount CodeExtra 20% off selected fashion and sportswear at VeryQVC discount codeAt least 15% off beauty items at QVCBooking.com Promo CodeGet up to 10% off using the Booking.com appAliexpress Promo Code$6 off a $50+ order with this AliExpress discount codeeBay Discount Code10% off selected orders over £100 - eBay discount codeIndy / CompareCompare UK Broadband DealsCompare broadband packages side by side to find the best deal for youCheap Broadband Deals in 2023Compare cheap broadband deals from providers with fastest speed in your areaFibre Broadband Deals March 2023All you need to know about fibre broadbandBest Apple iPhone Deals in the UK March 2023Compare iPhone contract deals and get the best offer this MarchCompare Mobile Phone DealsCompare the best mobile phone deals from the top networks and brands Get in touchContact usJobs Our ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardNovaya GazetaExtrasAdvisorPuzzlesAll topicsVoucher codesCompareIndependent AdvertisingSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery Act Thank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy.truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply.Hi {{indy.fullName}}My Independent Premium Account details Help centre Logout @keyframes spin{0%{transform:rotate(0)}to{transform:rotate(1turn)}} Promo
It is understood both groups will submit their second, improved bids on Thursday, with the offers for the club expected to be more than £5bn.Ratcliffe’s INEOS group and the bid front by Sheikh Jassim were expected to submit their offers in advance of the 9pm deadline, but in a dramatic twist it emerged the Raine group received neither offer Warriors
Neither of the two leading bids for Manchester United, fronted by the Qatari banker Sheikh Jassim Bin Hamad Al Thani and Sir Jim Ratcliffe, submitted their improved offers for the club by Wednesday’s deadline, The Independent understands.Both parties had until 9pm to submit their offers but have instead asked for an extension Bonus
It is understood both groups will submit their second, improved bids on Thursday, with the offers for the club expected to be more than £5bn.Ratcliffe’s INEOS group and the bid front by Sheikh Jassim were expected to submit their offers in advance of the 9pm deadline, but in a dramatic twist it emerged the Raine group received neither offer Warcraft
An extension to the process has been granted, however, and both Ratcliffe and Sheikh Jassim both intend to meet the new deadline.RecommendedGreed has brought football to the brink of implosion – now the entire structure could collapseQatar ready to increase Manchester United offer amid new strategy to secure takeoverBoth parties - which are the only groups to publicly declare their interest - visited Manchester United for meetings last week.Bids will be handled by the Raine group, but it is understood the Glazer family are split over whether they want to sell the club or retain minority ownership.The Glazers want a record £6bn for the club - a fee The Independent understands the Qatar group are prepared to match.INEOS have the funds to compete with the Qatar bid but it has been reported Ratcliffe has held concerns over the price rising too high.More aboutJim RatcliffeJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments 1/1Leading Manchester United bidders ask for deadline extension Leading Manchester United bidders ask for deadline extensionThe Manchester United takeover saga has taken a twist Getty Images ✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesVoucher CodesVery Discount CodeExtra 20% off selected fashion and sportswear at VeryQVC discount codeAt least 15% off beauty items at QVCBooking.com Promo CodeGet up to 10% off using the Booking.com appAliexpress Promo Code$6 off a $50+ order with this AliExpress discount codeeBay Discount Code10% off selected orders over £100 - eBay discount codeIndy / CompareCompare UK Broadband DealsCompare broadband packages side by side to find the best deal for youCheap Broadband Deals in 2023Compare cheap broadband deals from providers with fastest speed in your areaFibre Broadband Deals March 2023All you need to know about fibre broadbandBest Apple iPhone Deals in the UK March 2023Compare iPhone contract deals and get the best offer this MarchCompare Mobile Phone DealsCompare the best mobile phone deals from the top networks and brands Get in touchContact usJobs Our ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardNovaya GazetaExtrasAdvisorPuzzlesAll topicsVoucher codesCompareIndependent AdvertisingSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery Act Thank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy.truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply.Hi {{indy.fullName}}My Independent Premium Account details Help centre Logout @keyframes spin{0%{transform:rotate(0)}to{transform:rotate(1turn)}} FIFA