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Manchester Evening News

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Isaac Johnson

American hedge fund giant 'enters' Manchester United takeover race

Manchester United Jassim Bin Hamad Al Thani Elliott Investment Management Jim Ratcliffe Erik ten Hag Qatar

US hedge fund firm Elliott Investment Management has reportedly become the latest party to enter the Manchester United takeover race.

The business is said to manage assets of around £46bn and is headed by Paul Elliot Singer. The Raine Group had set a soft deadline of 10pm on Friday for potential bidders to submit their initial proposals.

The details of the interest put forward by Elliott Investment Management, which formerly owned Italian giants AC Milan, is unclear but The Times reports that it has ruled itself out of a full takeover bid.

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