Eben Enasco Reporting.
After the initial deadline Set for the take over Bid by Raine Group in New York, Sheikh Jassim’s second offer for Manchester United is ‘going in’, according to reports
Jassim and Sir Jim Ratcliffe are seemingly the front runners when it comes to a complete takeover from the Glazers, with both holding Old Trafford talks last week.
Painstakingly, the two parties ended up missing the deadline to make a second offer for the club on Wednesday in an incredible development, after the duo’s major runners seek an extension from the Raine Group in New York.
This was, however, approved and Ratcliffe’s second offer was reportedly submitted on Thursday evening, despite there yet to be any confirmation of Jassim’s revised bid being made.
According to a source who provided a recent update regarding Ratcliffe’s second offer being submitted on Thursday evening, there is a belief that the offer is likely to be absorbed.
The Source, nevertheless shared the ‘latest information’ on Jassim, stating he’s been ‘told’ that ‘the bid is going in’.
It was gathered that in the last 48 hours, the improved offers from Jassim and Ratcliffe were set to be world-record bids, worth around £ 5 billion.
Therefore, it is good to know that another big-money proposal is still on the cards, which could result in a greater chance of the Glazers selling up completely.
Huge numbers of United fans have wanted the current owners out for some time, with chants against the Americans at Wembley continuing during the Carabao Cup final triumph over Newcastle.
A takeover from Jassim and his delegation could have an immediate impact on Erik ten Hag as well.
Previous reports claimed that the Qatari group led by Jassim wanted ‘things done quickly’ so they could help the manager in the transfer market, with reports in recent days suggesting that they are already planning a stunning move for Jude Bellingham.
Therefore, it could be just a matter of time until it is officially confirmed of a fresh proposal from Jassim, with Elliott Management another potential rival for the Qatari group alongside Ratcliffe after they also made an offer to buy a minority stake in the club.
Manchester United is currently occupying the third place in the league having played two games less and standing at 50 points below noisy neighbors, Manchester City who is second with 61 points and old-arc rivals Arsenal is topping the league with 69 points.