The latest development in Manchester United’s potential sale is that it could be about to lose a bidder after the interested Qatari consortium has warned they will “walk away” if the price “isn’t right”.
Qatari Sheikh Jassim Bin Hamad Al Thani’s bid to buy Man United has long been considered the package in pole position for a takeover ever since the Glazer family announced the club was up for sale back in November last year.
However, according to multiple outlets, it is now thought that Sheikh Jassim and co. “could walk away” if the Glazers don’t lower their asking price. Qatar’s current buyout offer is estimated to be approximately £4.5 billion, whereas the American owners value the club at closer to £6bn.
Nevertheless, despite the might of a state wealth fund behind them, the Al Thani family apparently refuse to be “reckless” in trying to purchase the massive sporting franchise even though they recognise they will likely have to overpay to some degree. It also said they want an ‘all or nothing’ deal.
🚨 Sheikh Jassim bin Hamad Al Thani’s bid for Manchester United is described as “all or nothing”. If the Glazers do decide to stay, the Qatar group will not explore minority investment or a staggered route to full ownership over time. pic.twitter.com/NUi5y347ZO
Last week, it was reported by The Athletic that Jassim’s father, Sheikh Hamad (the former Qatari Prime Minister) not only “doesn’t like the investment” but is also “not even a football fan”, which might factor into whether his son and those involved in the negotiations buy the club or not.
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While he did stress in a recent interview that regardless of his hobbies, “I am an investor”, he also added the caveat that “[he] will not look at [any investment] as something you do just as an advertisement.”
Many United fans seem to prefer the look of the Qatari’s bid given their apparent commitment to clearing the club’s debt, redeveloping Old Trafford and also investing in the surrounding areas of the Greater Manchester community.
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Although it is thought that both the Glazers and the two bidding parties involved wanted a decision to be closed out by the end of March, it now seems more probable that full confirmation and a prospective takeover now won’t happen until the end of the season — if, indeed, it does at all.
The only other official bidder is, of course, local businessman and INEOS billionaire, Sir Jim Ratcliffe, who has long held an interest in purchasing the club. Each camp has now been asked to give presentations to the board within the next fortnight.
🚨 They include representatives of Ineos owner Sir Jim Ratcliffe and Qatar's Sheikh Jassim bin Hamad Al Thani. #MUFChttps://t.co/3FOigqMtFk
Born in Failsworth and already invested in multiple sporting teams — not to mention without the political and humanitarian controversies that Qatar are wrapped up in — plenty of Reds would equally prefer Ratcliffe to take over at Old Trafford.
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On the other hand, it’s also unclear whether he has the full financing to complete a deal without taking out more loans (supporters don’t want a repeat of 2005), not to mention his status as a ‘true’ United fan has been called into question after news of his Chelsea season ticket and attempt to buy them too.
Regardless, like his bidding rivals, Ratcliffe’s offer is also said to be worth around £4.5bn, so if the Glazers don’t lower their expectations, they could be left in a situation where one bidder won’t budge and the other simply can’t afford to pay any more.
Whether fans like it or not, it has already been suggested that the Glazers could still stay in charge of United as majority shareholders and if the investments fall through, the torrid relationship between the administration and the club’s supporters could rumble on for years to come.
Pep Guardiola delivers important reminder about multiculturalism after Jim Ratcliffe controversy
Danny Jones
Manchester City manager Pep Guardiola has delivered an important message about the power of multiculturalism in his most recent press conference.
Guardiola’s comments come after the high-profile controversy surrounding his rival club across the city, Man United, whose co-owner, Sir Jim Ratcliffe, saw some of his recent remarks fall under major scrutiny.
In case you somehow missed it, the Failsworth-born British billionaire was heavily criticised after claiming he believes the UK has been “colonised by immigrants”.
Fast forward a couple of days, and while the club and the fan base are still dealing with the fallout of the story, Pep acknowledged the debate by reminding people that “embracing other cultures” makes for a “better society”.
Well put, Pep – in fact, we couldn’t have said it better ourselves.
Although he didn’t reference the 74-year-old directly after being probed on the subject by journalists, the Man City boss reiterated that his time spent living and working across the world has only broadened his mind and enriched his life.
That goes for both his professional and personal spheres, by the way, as the Catalan coach has often spoken of his love for English culture and the Manc people, specifically.
Speaking ahead of this weekend’s FA Cup game against local side Salford City, Pep described the attitudes towards immigrants around the world as a “big problem” despite most people simply leaving their country in search of “a better life”.
He also drew attention to the fact that he, like so many others in football – a sporting industry loved the world round by people from all walks of life and that the likes of Ratcliffe directly benefit from – is an immigrant working and contributing to not just the game but the British economy by being here.
Meanwhile, Manchester United have since shared a public statement on their club website and across social media, reiterating to fans and supporters the world over that they are an “inclusive club”.
‘We will continue to represent our people, our city and our fans with purpose and pride.’
The INEOS chairman, CEO and minority stakeholder in Manchester United Football Club, has since apologised (at least in part) for his “choice of language” following the divisive interview with Sky News.
In a world where plenty of people are quick to pessimism, negativity and turn to division almost by default, Pep’s message is one echoed by so many and is one that we should all keep in mind.
And for anyone who needs a more light-hearted bit of content on their timeline this week, here’s what else Pep said in his pre-match presser…
Pep Guardiola responding to a really intelligent question from a reporter:
‘Do you want to be my assistant coach, fucking hell, you are brilliant…’
Featured Images — Hayters TV (screenshot via YouTube)
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Man United release statement after controversy around Jim Ratcliffe comments on immigration
Danny Jones
Manchester United Football Club have issued an official statement following the controversial comments made by co-owner Jim Ratcliffe surrounding immigration earlier this week.
This comes after Ratcliffe himself ultimately apologised for his “choice of language” in an interview with Sky News reporter Ed Conway.
His remarks, now widely publicised and having already sparked plenty of backlash and debate, have been criticised for being not only politically charged but also divisive, inflammatory and ‘inaccurate’.
Now, Man United – the global footballing brand with one of, if not the largest worldwide fan base that he has a minority stakeholding in – has shared a message online, reiterating that the organisation “prides itself on being an inclusive and welcoming club.”
Manchester United prides itself on being an inclusive and welcoming club.
We will continue to represent our people, our city and our fans with purpose and pride.
The statement reads: “Our diverse group of players, staff and global community of supporters, reflect the history and heritage of Manchester; a city that anyone can call home.
“Since launching All Red All Equal in 2016, we have embedded equality, diversity and inclusion into everything we do.
“We remain deeply committed to the principles and spirit of that campaign. They are reflected in our policies but also in our culture and are reinforced by our holding of the Premier League’s Advanced Equality, Diversity and Inclusion Standard.”
Some believe more should still have been said and earlier, especially given that the press release doesn’t reference Ratcliffe directly, but they have finally broken their silence on the matter nearly 24 hours after the fact.
As for those who haven’t dug into exactly what the 74-year-old businessman and Monaco resident said in the sit-down with Sky, you can find out more here:
As for United, their media team goes on to write: “Over the course of this season, we have participated in events and initiatives at our men’s and women’s games marking mental health, LGBTQ+ inclusion, No Room for Racism, violence against women and girls and homophobic chanting.
“We have also celebrated our supporters’ clubs’ events, including our Disabled Supporters’ Association’s Christmas Party and our Jewish Supporters’ Club’s Chanukah event.
Concluding with one final message of commitment, they add: “In the weeks and months ahead, we will be supporting further initiatives in these areas.
This update clearly comes in response not only to the calls from supporters and people around the world to reply (the news breaking late yesterday afternoon), but in the wake of the British billionaire’s apology – though many still feel it falls short of an adequate one.
As for the several notable figures to have taken issue with Ratcliffe’s remarks, the Mayor for Greater Manchester, Andy Burnham, was one of the most outspoken in his public reaction.
Despite having met and spoken with the INEOS boss on a number of ocassions as part of the Old Trafford Regeneration ‘Taskforce’, which includes plans to develop the football team’s home stadium, Burnham didn’t hold back in levelling his criticism at Ratcliffe and the wider ownership group.
Danny Jones -
9th March 2023 
