Manchester United owner, Glazer family has accepted £6billion offer to sell Qatari banker, Sheikh Jassim.
The negotiation, which has been on for over nine months between the two parties, is close to a conclusion
The Glazers initially claimed they were “exploring strategic alternatives” in November 2022.
Qatari-backed Sheikh Jassim and Ineos founder Sir Jim Ratcliffe bade for the acquisition of the club before the former found an agreement with the Glazer family.
The Glazers have been weighing up the two offers, with Ratcliffe’s bid favoured by Joel and Avram, as it would have allowed them to retain their shares.
Sheikh Jassim’s irresistible offer eventually compelled the Glazer siblings to resort to a full sale of the club.
All things being, the family’s 18-year reign as owners of Manchester United is set to come to an end.