Premier League Owners' and Directors' test explained amid Manchester United takeover process
manchestereveningnews.co.ukManchester United's takeover process is reportedly nearing its conclusion as Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe battle it out for ownership of the club.
On Thursday, a report from Reuters suggested the Glazers were preparing to enter exclusivity talks with Sheikh Jassim, which would be a significant step towards securing the takeover.
The same day, the Qatari banker's Nine Two Holdings Limited became a registered company in the UK, albeit this is not thought to be an indicator towards an imminent takeover decision.
Nonetheless, the combined pieces of news sent United's share price rocketing. While various journalists have since contacted sources close to the bid who claim there has been no firm progress, it would appear a takeover decision could be moving significantly closer.
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