Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Manchester Evening News
Manchester Evening News
Sport
Jack Flintham

Manchester United takeover latest as claim Sheikh Jassim could drop out dismissed

Manchester United's takeover continues to rumble onwards this week as the Glazers weigh up the proposals from Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe.

Sheikh Jassim's offer would see him purchase the entirety of the Reds meaning the Glazers would have to exit the club. Meanwhile, Ratcliffe has proposed a bid around the 60 per cent mark which opens the door for the current owners to remain at United.

However, despite several reports suggesting the end of the takeover saga, it continues to rumble on as United supporters begin to get increasingly concerned about where the future of the club lies. Some reports suggested Sheikh Jassim may be wishing to pull out of the running thanks to the hold-up.

Want to join our MUFC Pro club for a totally ad-free version of the MEN’s Man United app packed with premium features? Click here

ALSO READ: Scholes' telling warning on what new owners can expect

But, in the MEN Sport takeover headlines it is understood these rumours are false.

Sheikh Jassim rumour rubbished

Speaking to The United Stand, BBC Sport journalist Simon Stone has claimed the rumours suggesting the Qatari banker was on the verge of pulling out of the deal were false. He explained: "I was told a rumour the other day that Sheikh Jassim was about to pull out. I checked that, and that was just dismissed.

"There are all kinds of rumours but ultimately people can feel the way they feel. They can be frustrated. They can believe that they're in pole position or that they're behind. It comes back to the Glazers.

"The only thing that I would say - and there was a lot of reporting about this - when we were at the period of final deadlines which seems like months ago now, after that more bids came in from Sheikh Jassim. That was off the back of Sir Ratcliffe."

Sheikh Jassim could be forced to give Ten Hag less money

The Daily Express reports new Financial Fair Play (FFP) rules from UEFA mean either Sheikh Jassim or Ratcliffe could be forced to give Erik ten Hag less money than the Glazers. Currently, United are permitted to spend 90 per cent of their revenue on investments to their team.

However, next year this will be reduced to 80 per cent while the year after it will be dropped to 70 per cent. All this means Ten Hag could be forced into a smaller transfer budget and there is little a new owner would be able to do about it.

Follow the MEN's United coverage on TikTok and YouTube, and subscribe to the Manchester is Red podcast

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.