The deadline for the second round of bidders in the race to takeover Manchester United football club has officially passed, with multiple world record offers reportedly on the verge of being submitted.
Following the first round of bids, which saw a Qatar investment group headed up by Sheikh Jassim bin Hamad Al Thani, and British billionaire Sir Jim Ratcliffe both put in their initial offers, Manchester United set a second deadline of 9pm on 22 March for them to increase their offers and welcome other offers.
While the opening bids matched each other at £4.5 billion, working with financial advisors Raine Group who are brokering in the deal from the US, neither reached the Glazer family ownership’s estimations, who value the club closer to £6bn.
As a result, both went on to carry out further negotiations — each visiting Old Trafford last Friday and staying for upwards of six hours (more than 10 in the case of the Qataris) — but it is now thought they may no longer be the only parties involved in the bidding war. Whether it will be in time is the issue.
Despite earlier reports that Sheikh Jassim and his associates had submitted a “world record offer” before the Glazers and Raine Group’s 9pm deadline (5pm New York time), Sky Sports‘ Kaveh Solhekol has now clarified that the bid was not submitted in time and that they have asked for an extension.
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Man United are said to have agreed to the extension and Sheikh Jassim still remains confident that they have the “best bid” of the bunch.
Moreover, as per the likes of Mike Keegan, Jim Ratcliffe was also set to enter his second bid, with both offers said to have increased to around the £5bn mark. However, the INEOS chief exec is also said to have failed to meet the deadline and been granted an extension, according to a senior source.
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Kaveh also went on to detail that multiple other offers have in fact been submitted, with the numbers said to be “approaching eight” different bidders.
Any bid of more than £3.75bn would break the world record fee for a sports club set when the Denver Broncos were sold last summer.
As for the frontrunners, both offers are still around a billion short of the Glazer’s asking price and not only have Sheikh Jassim and co. already warned they will ‘walk away’ if the price is too high, but it’s unclear how far Ratcliffe’s wealth can stretch if he is to continue pursuing a deal.
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The key difference between the two bids is that Qatar’s bid will apparently make the club debt-free given the sheer mass of state wealth behind them, whereas the Failsworth-born businessman’s financing may be more complex to put together.
Trying to clear up the confusion, The Times‘ Matt Lawton said on Twitter that “both Qatari and INEOS representatives said their bids were in, United sources [are] saying they haven’t yet bid and have asked for an extension”, with offers now set to be made by tomorrow.
As reported by Sky Sports earlier this week, it was thought that “at least five other bidders” and as many as eight in question could join the race along with Ratcliffe and Qatar, who were the only two parties to have submitted an official offer for United during the first round of bidding.
However, a detailed list of the other candidates and precisely how many are still yet to be confirmed; Kaveh did go on to suggest that some could simply be a form of “hot air” designed to hopefully urge the ‘serious bidders’ to edge their offers up even higher.
As for next steps, neither of the parties in the supposed two-horse race expect an immediate decision from the board, especially after the unexpected delay, and those who submitted new offers in the second round of bidding will have to wait at least seven days to hear back from the club and brokers Raine Group regarding their progress.
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However, it is worth noting that these subsequent bids may not necessarily be attempts to buy the club outright and not only is there a feeling that a third round of negotiations could take place, but there is also a growing sense that the Glazers could still pull out of a potential buyout altogether.
Manchester City reveal trailer for upcoming Together: 4-In-A-Row documentary
Danny Jones
Man City have revealed the first trailer for their new Together: 4-In-A-Row documentary, charting the course of their record-breaking four consecutive Premier League titles.
The follow-up to the Together: Treble Winners series, City‘s highly-anticipated documentary dropped earlier this year following their historic 2023/23 season, the movie will follow the same concept and relive the Manchester club’s latest unprecedented feat from 20/21 onwards.
While the previous TV outing was picked up by Netflix, the latest instalment is set to arrive at the end of this month exclusively on CITY+.
You can see the trailer for Together: 4-In-A-Row down below:
The new Man City documentary will feature exclusive interviews with manager extraordinaire, Pep Guardiola, Ballon d’Or winner and Champions League-winning goalscorer Rodri, club captain Kyle Walker and many more.
There will also be footage including soon-to-depart Director of Football, Txiki Begiristain, as well as the City Football Group’s Chief Executive Officer, Ferran Soriano.
Swapping the series format for a feature-length film this time, this is arguably CITY+‘s biggest release to date, with the content subscription service typically offering full match replays, youth academy coverage, as well as smaller documentaries and podcasts.
The streaming service (accessible via the website, Man City app and smart TVs) was only started back in 2024 but now four years later, rather fittingly, it’s set to document the most important years in the club’s history.
We’ve seen multiple Man City docs in recent years – their 2018 All Or Nothing Amazon Prime Video mini-series being the first – but the launch of the Together franchise back in April has helped put City Studios, on the map.
The in-house entertainment arm, first set up in 2022, has even more ambitious plans for the coming years, with a huge deal to create multiple big-budget productions in collaboration with Sony.
Gavin Johnson, Media Director at CFG, said of the trailer reveal: “We’re delighted to announce the release of our latest offering in the ‘Together’ collection.
“Produced once again by our award-winning in-house production and creative hub, City Studios, the documentary film offers our fans a true insight into the team and how they achieved the historic four-in-a-row success.”
Set to be released at 6pm UK time on 20 November, Together: 4-In-A-Row will only be able to watch via the CITY+ platform.
So, if you’re a Blue who wants to relive the last four years of non-stop silverware, you can enjoy a 30-day free trial, after which CITY+ is just £4.99 a month. An annual subscription can be purchased for £34.99 a year or for £30 with an Official Cityzens membership/season ticket.
Man United legend Eric Cantona stuns Manchester artists with surprise visit to GRIT Studios
Danny Jones
Artists working at a Manchester studio were left speechless by a recent surprise visit from none other than Man United legend Eric Cantona.
The former United forward’s love for the city has never waned no matter how many years have gone by and as a lover of all things art, be it music, painting, acting or what he did with a football, he never fails to engage with local culture whenever he’s here.
He may not be based here anymore but the Frenchman – who knows a thing or two about art given his past acting jobs, newfound music career and previous showcases – still pays plenty of visits to 0161, including a recent unannounced one.
Cantona was back in the city centre this week to pay GRIT Studios resident Michael Browne, the artist who he collaborated with to create his National Football Museum exhibition last year, but the one thing Browne didn’t do was let the other people working in their city centre location he was coming.
To be fair, anyone would double-take if they saw Eric Cantona walk into a room, so this was quite a memorable occasion for the unsuspecting artists.
After working on 2023’s From Moss Side to Marseille with Browne, the 58-year-old has been reimmersing himself in the world of Manchester art and there aren’t many places that epitomise that more than GRIT, who are based in Stockport with a second studio at Great Northern Warehouse.
Landing in Manchester from Paris, Cantona arrived in the late morning and ended up staying for over an hour, taking time to meet a number of artists and tour the space with co-founder John Macaulay.
Clearly impressed with their work and genuinely enthused by the sense of community within the local grassroots art scene, it was a special visit for everyone involved.
John, a die-hard Man United fan who has seen the Red Devils play in 25 countries before going on to set up GRIT Studios and much-loved Art Battle MCR with his wife Sophie, said: “It’s full circle for me having watched Eric play all over the world, it’s true honour that he’s flown in to see our talented artists.”
Artists spent time chatting with Eric and talking through their creative processes; those present included mosaic artist, Francis Thorrington, plein air (outdoor) artist, Sketch MCR – a.k.a. Ben Rock – painters Jodie Silverman, Helen Davies and Sophie Macaulay, as well as woodworker Gus Riddell.
Also a fellow United fan, Francis said he simply “couldn’t stop smiling the whole time” after Cantona described his work as wonderful.
Eric looked at home when he picked up and started strumming Chris Pollin’s hand-made guitars, which are handcrafted from driftwood and take hundreds of hours of work.
The enigmatic sports personality turned pop philosopher and cultural figure clearly enjoyed the visit. His final message was that it was refreshing to see a place where “art was for everyone” not just the elite.
As for Browne, he is sworn to secrecy on his next project but let’s just say you can expect some big announcements in the coming weeks. As for GRIT, you can visit one of their open days this Saturday, 16 November and make sure to check out their Stockport studio if you’re in the area.