Glazers out! Manchester United fans are getting impatient for the club to be sold

published by, ritayan basu

Last Update: April 14, 2023, 09:46 IST

Manchester United fans want Gallagher out (AP)

Qatari banker Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe are both hoping to Manchester United

Nearly five months after the Glazer family put Manchester United on the market, fans of the iconic soccer club are getting impatient for the proposed sale to go ahead.

Qatari banker Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe are both hoping to take control of the 20-time English league champions and submitted a second bid last month.

US investment firm Elliott Management may also take a minority stake as well as provide capital to other potential buyers, potentially raising the price to $6 billion.

But the ongoing wait to strike a deal has supporters worried the club’s off-season transfer plans will be affected at a time when manager Erik ten Haag is hoping to sign a world-class striker. Harry Kane and Victor Osimhen are among the names linked and neither will come cheap.

After reports of a third round of bids emerged, the Manchester United Supporters’ Trust said on Thursday that the uncertainty was a “big concern”.

Must said in a statement: “Eric needs to know what resources he has to spend so that he can make the signings the club needs and focus the club’s entire management resources on supporting him.” needed.” “There can be no such ambiguity in terms of future ownership.”

United’s American owners announced last November that they would consider selling the club as they explored “strategic alternatives”.

This appeared to pave the way for his departure after years of resisting attempts by supporters to oust him.

Based on the public bids, Sheikh Jassim and Ratcliffe appear to be the leading contenders, with the Rhine Group merchant bank handling the process.

But as the wait for a new owner drags on, the frustration grows.

“Poor way to run the sale process. They need him out by the end of May to give the new boss a chance to move on and influence the next transfer window!” former United captain and now TV pundit Gary Neville tweeted this week .

United declined to comment on Must’s statement. United fans continued to voice their frustration, chanting “we want the Glazers out” after Marcel Sabitzer scored early in the first half in the Europa League quarter-final first leg against Sevilla at Old Trafford on Thursday.

Sheikh Jassim is the chairman of Qatar Islamic Bank and the son of a former prime minister.

He has promised to rid the club of debt, invest in the stadium, training center and playing squads in a bid to “bring the club back to its former glory on and off the pitch”.

Ratcliffe owns petrochemicals giant INEOS and is one of Britain’s richest people. He was born in Failsworth, Greater Manchester and says he is focused on helping United win the Champions League and become “the number one club in the world once again”.

Finnish entrepreneur Thomas Zilliakas said on Wednesday that he is no longer interested in it.

Any new owner is likely to spend in the region of $1 billion to redevelop or renovate United’s Old Trafford stadium.

Supporters Faith said, “We desperately need new investment, which of course requires new ownership.”

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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)