Manchester United are expected to respond to bidders vying for a takeover of the Premier League club this week.
British chemical mogul Sir Jim Ratcliffe and Qatari banker Sheikh Jassim bin Hamad Al Thani both submitted official bids before the Glazers' soft deadline on Friday, February 17.. The duo are currently the frontrunners to succeed the American family, who remain split over sanctioning a full sale of their majority stake in the club which they they've held since 2005.
United's share price has plummeted nearly 13 per cent amid suggestions that the club's co-executive chairmen, Joel and Avram Glazer, are reluctant to fully cut ties with Old Trafford, unlike some of their more disillusioned family members. However, Ratcliffe and Sheikh Jassim are set to hear back from United hierarchy's in the coming days, as takeover talks slowly progress.
