Manchester United takeover news LIVE Sheikh Jassim ‘to allow six more signings’ if takeover race wins

Find all the latest news, rumors and analysis on the Manchester United takeover in our dedicated blog.

Manchester United fans will be hoping to get some updates today as the takeover saga continues.

The Glazers announced in November that they would be looking for strategic alternatives when it came to financing the club. Nothing has been left off the table, including the possibility of a full sale.

Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe have emerged as the leading candidates to take over the American family, but so far the Glazers have yet to announce which offer they prefer. Reports suggest the Qatari banker is in pole position to buy the club, but a possible deal doesn’t look likely at this stage.

For a second day in a row, United’s stock price fell more than two percent, which is often seen as an indicator that a takeover is likely. When inventories increase, an acquisition is more likely to be completed quickly.

With Reds fans still in the dark, MEN Sport will keep you posted on all updates with our blog.

View all the news from the acquisition process below:

United stock price continues to fall

Now that the completion of the acquisition process is not yet in sight, the market is reacting. United’s stock price on the New York Stock Exchange fell to $22.92 on Tuesday and fell to $22.39 on Wednesday afternoon.

As of 6:00 p.m. BST, it recovered to $22.88, still below yesterday’s close. The valuation of stocks has slowly declined over the past five days.

Sir Jim Ratcliffe’s old United quotes reappear

In 2019, Ratcliffe expressed his feelings about how the Glazers run United and what he would do differently if he was in charge.

He told The Times: “[INEOS] never wants to be the stupid money in town, ever.” They [United] are in a lot of trouble as a company. They don’t have the right manager selection, they haven’t bought well.

“It was silly money, you see it with players like Fred. United have spent a huge amount since [Sir Alex] Ferguson left and he was poor, to say the least. Incredibly poor, to be honest.” “We have a different approach here to be reasonably smart about it. Try to do it more at grassroots level, try to find young talent. Some clubs seem to be able to do that, Southampton, Lille. United have done a very bad job. They have lost the plot.

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You’ll receive on-the-spot insights from United head writer and authority Samuel Luckhurst as he covers the club on their pre-season tour and throughout the season, setting the agenda with his exclusive stories and shedding light on what’s really going on at All’ Old Trafford

United’s pre-season starts early!

Taking a break from the acquisition talk? Manchester United will (already!) start training against Leeds in Oslo, Norway this afternoon.

The line-up is known and Erik ten Hag will speak to the media for the first time this summer.

Select who you think will be United’s next rising star

There have been a number of academy products in recent years who have broken through the ranks of United to become first team regulars, the latest being Alejandro Garnacho.

Any investment from a new owner is hoped to raise the production line from the junior ranks to the senior rookie.

Marcus Rashford and Scott McTominay are two examples of current first team champions making progress. Who do you think will be next? Cast your vote below:

Sheikh Jassim talks nonsense

BBC Sport journalist Simon Stone said rumors suggesting the Qatari banker was close to pulling out of the deal were false.

He explained:

“I heard a rumor the other day that Sheikh Jassim was retiring. I checked it and it was just rejected.

“There are all kinds of rumours, but ultimately, people can feel the way they feel. You may be frustrated. They can believe they are on pole or they are behind. It’s up to the Glazers.

“The only thing I would say – and this has been widely reported – is that we were at the final deadline stage, which now appears to be months after other offers from Sheikh Jassim came in. It was spontaneous.” by Sir Ratcliffe.

OPINION: Sheikh Jassim takeover could spell failure of Eric Cantona’s €100m pledge

Ever since Eric Cantona’s surprise departure, Manchester United fans have wondered if he might ever be tempted to return. The Reds legend retired at the top of his game, aged just 30 in 1997, breaking the hearts of millions of United fans.

But the club’s impending takeover could potentially open the door for Cantona to return to a backroom role at Old Trafford.

The Glazers announced their decision in November to seek “strategic alternatives” to the club, with Qatari banker Sheikh Jassim bin Hamad al-Thani and British billionaire Sir Jim Ratcliffe quickly emerging as favorites to buy the club.

And reports have suggested Sheikh Jassim could offer United legends roles at the club if he becomes the club’s new owner.

United stock price continues to fall as takeover saga rumbles on