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Manchester Evening News
Manchester Evening News
Sport
Matthew Abbott

Manchester United takeover latest as UEFA president's admission boosts Qatar bid

The third and final Manchester United takeover deadline is on Friday and updates about the process is again beginning to filter out in advance of it.

Here are the latest United takeover headlines:

UEFA boost Qatari bid

UEFA president Aleksander Ceferin has admitted European football's governing body pretends at least one club are not owned by the same owner due to their competition rules, which would smooth the process of Qatari Sheikh Jassim bin Hamad Al-Thani completing a takeover of Manchester United.

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Asked about multi-club ownership on the Men In Blazers podcast, Ceferin replied: ”There are clubs - or at least one - where we still pretend it’s not the same owner [as another] but it’s the same owner, and I will not tell you which. You can guess.”

"One or two of those potential bidders for another club said to me."Look we have, like, 250 companies. We can do it [the takeover] from another company but we don’t want to do that. Because it’s us. We can circumvent the rules'. They don’t want to do it. So we have to discuss things.”

Such revelations seem set to smooth the process of Qatari Sheikh Jassim bin Hamad Al-Thani completing a takeover of Manchester United, meaning establishing distance between themselves and the Qatar Sports Investments, a subsidary of the state's sovereign-wealth fund may not be required.

Ratcliffe's Glazers plan

Sir Jim Ratcliffe is reportedly offering a way for the Glazer family to remain involved with the club.

According to reports published by both the Mail and The Times, Ratcliffe, who submitted an official offer to buy United back in February, is offering a deal that would see Joel and Avram Glazer retain 20 per cent stake in the club. It is claimed that the offer would see the INEOS chief executive take a controlling stake of more than 50 per cent.

The report in the Mail states that those close to the takeover process, which is being overseen by the Raine Group in the US, say the prospect of the Glazer brothers retaining some control of the club could be the 'preferred option.' The report adds that it is 'thought that the final portion currently owned by various investment groups would also remain in place.'

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