"Current majority shareholders, the Glazer family, sold 27.7 per cent of the club to Sir Jim Ratcliffe for 1.25billion back in 2023, with INEOS assuming sporting control at Old Trafford. However, the Glazers have been brash in their previous attempts to sell their full holding in Manchester United for close to 5 billion, after rejecting a takeover by Sheikh Jassim Al-Thani's Qatari consortium."
"But Al-Sheikh, who has had a huge influence over staging some mammoth boxing contests in his home country, took to social media on Wednesday, admitting new investors are close to agreeing a deal with Manchester United. Manchester United minority owner Sir Jim Ratcliffe (Image credit: Getty Images) "The best news I heard today is that Manchester United is now in an advanced stage of completing a deal to sell to a new investor," wrote Al-Sheikh on social media."
Turki Al-Sheikh posted that Manchester United is in an advanced stage of completing a deal to sell to a new investor. The Glazer family sold 27.7% of the club to Sir Jim Ratcliffe for £1.25bn in 2023, with INEOS assuming sporting control at Old Trafford. The Glazers previously sought nearly £5bn for the full holding and rejected a takeover by Sheikh Jassim Al-Thani's Qatari consortium. INEOS has faced criticism for staff redundancies, rising ticket prices and comments about the women’s team. Manchester sources reported surprise at takeover talk; recent Middle East contact involved a possible mid-season friendly.
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