Bids not received Second offers from both Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al-Thani had not been received by merchant bank the Raine Group by Wednesday's supposed 9pm deadline, according to reports.
The club set a deadline for second offers to be sent to the Raine Group as they enter the next stage of bidding, with the two long-time frontrunners Sheikh Jassim and Ratcliffe expected to submit their improved offers in line with that deadline. ALSO READ: United share price rises ahead of takeover deadline However, according to widespread reports, neither offer had been received by the Raine Group in New York, with delegates of both Sheikh Jassim and Ratcliffe requesting an extension.
The merchant bank are said to be willing to accommodate the pair. Glazer concern Elsewhere, the Daily Mail reports growing concern that the Glazers may opt out of a full sale of United, instead offloading a minority stake for investment.
The timing of said bids notwithstanding, both Ratcliffe and Sheikh Jassim are expected to table improved offers from the reported £4.5billion ballpark of their initial bids.
Read more on manchestereveningnews.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.