![]() ![]() ![]() However, there has been no indication when the Glazer family will make a decision over the future direction of United. It is understood one of Ratcliffe's suggestions has been to lower the percentage of United he wanted to buy, from an initial 69% for all the Glazer stake to just over 50%, which would allow co-chairmen Joel and Avram Glazer to retain some involvement. Listen to the latest The Devils' Advocate podcastĪlthough there has been no response from the Glazer family since the last bid deadline on 28 April, there had been increasing confidence in the Ineos camp in May that their efforts to buy United would be successful.Latest Manchester United news, analysis and fan views.Podcast: How to Buy a Football Club - how the Man Utd saga has unfolded.The Glazer family, who currently own the club, announced in November they were considering selling Manchester United as they "explore strategic alternatives". Sir Jim Ratcliffe's Ineos Group are the other main party trying to buy the Premier League club.įigures in March showed United owed £969.6m through a combination of gross debt, bank borrowings and outstanding transfer fees with associated payments. The bid is for 100% of the club, will clear United's debt and has a separate fund for the club and local community.
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