Highlights

  • Ineos owner Sir Jim Radcliffe and Qatari banker Sheikh Jassim are the two interested parties
  • Ineos wants to buy the combined Glazer shareholding of around 69% while the Qataris are targeting 100% of the club.

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Manchester United sale: Deadline for second bids extended

The deadline for the latest round of bids had been set for 9 p.m. Wednesday, but American merchant bank Raine has agreed to an unspecified extension to allow interested parties to fine-tune their proposals.

Manchester United sale: Deadline for second bids extended

Bidders trying to buy Manchester United have been given more time to submit second offers for the iconic football club.

Ineos owner Sir Jim Radcliffe and Qatari banker Sheik Jassim both missed the 9 pm deadline to submit their improved offers for the Old Trafford club on Wednesday, leading to the deadline being extended.

It is understood that both bids have met with United in the last month for positive talks.

Ineos wants to buy the combined Glazer shareholding of around 69% while the Qataris are targeting 100% of the club.

The sum of their initial bids was not disclosed but was thought to be significantly below the valuation of the club.

Also read: Cristiano Ronaldo on the verge of creating another WORLD RECORD

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