It’s been a week of intense speculation in the world of football as the soft deadline for interested parties to make bids for Manchester United nears. The New York Stock Exchange values the club at around £3.5 billion, but the Glazers are said to be looking for at least £5 billion. As the deadline approaches, we take a closer look at the potential bidders and what their ownership could mean for the future of the club.
The Qatari Bid
One of the most talked-about potential bidders is the Qatari group. The group has already made plans to invest not only in the club but also in the stadium, Old Trafford, and the city of Manchester. An insider has revealed that the group would not overpay for the club, as they do not want to “dance to the Glazers’ tune”. If they decide to make a bid, it would be a significant investment in the club, with plans to redevelop both Old Trafford and the surrounding area.
However, the Qatari group has not made any official statements about their intentions, and it remains to be seen if they will make a bid and if it will be accepted by the Glazers.
Sir Jim Ratcliffe
Another potential bidder is Sir Jim Ratcliffe, who has expressed interest in the past. Sir Jim is a billionaire businessman, and he has the resources to make a significant bid for the club. However, he has also been critical of the high valuations of Premier League clubs and has stated in the past that he believes they are overvalued. It remains to be seen if he will make a bid and if it will be anywhere near the asking price set by the Glazers.
Another name that has been mentioned in connection with a potential bid for Manchester United is Elon Musk. The billionaire entrepreneur has made headlines in recent months with his purchase of Twitter and has also joked about buying Manchester United in the past. He has admitted to being a fan of the club and has stated that he grew up supporting Manchester United while living in South Africa.
However, Elon Musk has not made any official statements about his intentions, and it remains to be seen if he will make a bid for the club. It is worth noting that when he bought Twitter, he borrowed a lot of money to finance the deal, and it is not yet clear if he would finance a bid for Manchester United in the same way.
The Next Steps
The deadline for bids is on Friday, but it is unlikely that we will hear any official announcements until next week. The process of buying a club as iconic as Manchester United is a confidential one, and it may take some time for the Glazers to select the preferred bidders and for any further developments to be announced.
The race for Manchester United is heating up, and there are several potential bidders, each with their own unique plans for the future of the club. The Qatari group is said to be planning a significant investment in the club and the surrounding area, while Sir Jim Ratcliffe and Elon Musk are both potential bidders with the resources to make a significant offer.
However, it remains to be seen who will make a bid and if it will be accepted by the Glazers. It is an exciting time for fans of Manchester United, and the next few weeks will be filled with speculation and anticipation as the world waits to see what the future holds for this iconic club.