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After failing to receive a bid that met their asking price, Daily Mail has reported that the Glazer family has decided to take Manchester United off the market.
Both British businessman Sir Jim Ratcliffe and Qatari financier Sheikh Jassim Bin Al Thani put forward bids for full control of the club earlier this year totaling almost £5 billion.
The businessmen will reportedly try to sell the club once more in 2025, when they anticipate that “financial and environmental factors may attract more bidders.”
According to reports, these causes include an increase in TV rights revenue, the addition of 32 teams to FIFA’s Club World Cup, and the planned 2026 World Cup in the USA, which has piqued the interest of US billionaires.
For Man United fans who thought a sale might be imminent, the most recent development will be a major source of frustration.
For Man United fans who thought a sale might be imminent, the most recent development will be a major source of frustration.
David Beckham, who announced earlier this year that he wants to see the club sold, won’t be happy to hear that a transaction of any kind may now be delayed for at least two years.
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