The Manchester United takeover saga shows no sign of reaching a conclusion, with Sheikh Jassim’s post-deadline bid submitted on Tuesday afternoon adding another twist after it became apparent last week that senior figures behind the rival Ineos offer were increasingly confident that they would be given preferred bidder status.
Raine Group, the New York bank overseeing the sale process on behalf of the Glazers, have provided no details on when decisions are likely to be made, despite a series of deadlines passing, but there had been increased dialogue with Sir Jim Ratcliffe’s Ineos in recent days indicating that they were edging towards a period of exclusivity.
Yet for the club’s benefit there is an onus on a resolution being found soon - not least when it comes to ensuring Erik ten Hag has a squad capable of competing next season. Beyond that the eventual next owner will have a host of other issues and major decisions to make around shaping Manchester United of the future.
