Manchester United takeover talks continue amid share price drop

Manchester United takeover, avram glazer, erik ten hag (Photo by ADRIAN DENNIS/AFP via Getty Images)
Manchester United takeover, avram glazer, erik ten hag (Photo by ADRIAN DENNIS/AFP via Getty Images) /
facebooktwitterreddit

Without any doubt, the best journalist reporting on the Manchester United takeover saga has to be Mike Keegan from the Daily Mail. And, he has come out with some major updates regarding the Man Utd sale. There have been lots of speculations about when the club would be sold.

The Daily Mail reported that the Glazer family will not be selling Manchester United. However, according to Mike Keegan and his article, things are a bit different. The sale process is not over yet and some sources are also reporting that by the end of November, Manchester United could be sold to either Sir Jim Ratcliffe or Sheikh Jassim as both parties are still in the race.

Manchester United takeover bidders know nothing about “no sale”

If the Glazer family wants to take the club off the market, then they have to inform the bidders. However, according to Mike Keegan, none of the bidders know that Glazers don’t want to sell. Therefore, for them, the Manchester United takeover continues.

Manchester United share price registers record fall

As the reports were suggesting that Manchester United would not be sold, it was just a matter of time before the share market would react to that. And, Man Utd’s share price registered a record fall after the speculation that the club would not be sold.

Negotiations for the Manchester United Takeover are ongoing

Mike Keegan in his article also tells fans that the negotiation for a Manchester United takeover continues. As none of the parties know that the club will not be sold, they continuing the negotiations with the Raine group who is reported to have given a deadline of November to conclude the sale process of Manchester United.

So, Man Utd fans, do you think Man United will be sold in November? Let us know on our socials!