The Glazer’s plan to sell Manchester United emerged back in November of 2022.
“Manchester United plc (NYSE:MANU), one of the most successful and historic sports clubs in the world, announces today that the Company’s Board of Directors (the “Board”) is commencing a process to explore strategic alternatives for the club”, the club wrote in a statement.
“As part of this process, the Board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the Company”, they added, with multiple reports claiming that their unpopular reign at the club’s helm was finally set to come to an end.
Now, on July 4, it has been reported by Qatari news outlet Raya, that a deal is set to be signed off in the next few hours, with Sheikh Jassim becoming the new owner of the Old Trafford outfit.
It is added that any announcement would allow first-team manager, Erik ten Hag, to go full steam ahead with plans for any new signings ahead of the 2023/24 Premier League season.
Mason Mount is due to sign for the Red Devils, but any other major incomings looked unlikely under the Glazer’s ownership.