The 'deadline' for the takeover of Man Utd has been 'pushed back' by the Glazer family until June and this is a 'more realistic timeframe'. MUFC
rests on the passion and loyalty of our global community of 1.1 billion fans and followers,” the statement from the Glazers read.
“We will evaluate all options to ensure that we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the Club today and in the future. Since then, Sir Jim Ratcliffe and Qatar’s Sheikh Jassim Bin Hamad Al Thani have emerged as potential buyers. But the Glazer family’s reported £6bn asking price is proving to be a stumbling block as the current offers for United at between £4bn and £5bn.
‘High ranking officials from the US hedge fund Elliott Management are understood to have met with counterparts from Raine, the merchant bank running the process, and the Glazers’ financial advisors Rothschild in Manchester on Thursday.
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