An update on the long and protracted Manchester United takeover battle.
Qatari bidder Sheikh Jassim is set to win the Manchester United takeover saga, report The Sun.
The report states: “Discussions are understood to have taken a big leap forward in recent weeks.”
It even claims the that due diligence is being undertaken on a new £6 billion offer to meet the Glazers’ valuation.
READ: Sheikh Jassim takeover bid: Everything on offer
More patience required
The last offer submitted by Sheikh Jassim’s Nine Two Foundation was framed as the final one. It’s unclear whether any new offer would be an entirely new bid, or tweaks to the existing one.
The Glazers have consistently sought around £6 billion for the club, which no bidder has yet made.
Patience will be required, however, with The Sun‘s report claiming the takeover could take until November to go through.
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This would bring the entire process up to one year in length since the announcement was made to invite strategic investment.
An offer from Sir Jim Ratcliffe is also on the table along with minority bidders. However, Sheikh Jassim is widely regarded as the frontrunner.
More protests expected
The delays to the sale of Manchester United have been substantial, testing the patience of everybody involved in the process.
The 1958 are mobilising a protest march against the Glazers ahead of the first match of the season at home to Wolves next week.
Then, a ‘sit in’ at Old Trafford is being planned for after the home game against Nottingham Forest later in the month.
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