The battle for the ownership of Manchester United has become a little more cloudy in recent weeks with speculation the Glazers could stay.
This has come amid reports three separate US hedge funds have come forward with minority offers for the club, which would potentially allow Joel and Avram Glazer to stay, while buying out their siblings.
These reports have been concerning to Manchester United fans, with only a full scale takeover deemed acceptable.
Well, there is some good news beginning to emerge on this…
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Full takeover offers to get priority
The sale of Manchester United is being overseen by The Raine Group and a report claims a full takeover will get priority ahead of minority offers.
ESPN report that minority bidders have “been told by Raine that takeover bids will be considered first.”
Majority takeover offers have come from Qatari investor Sheikh Jassim and Sir Jim Ratcliffe. It is unclear if there are other unpublicised bids.
Both initial offers are said to be under the Glazers £6 billion asking price, but there is optimism that a ‘broad compromise’ could be struck by late April.
Would-be buyers are also being invited to visit OId Trafford and Carrington and meet in person with Raine, report BBC Sport.
This will allow investors to see first hand the scale of investment required in the club’s infrastructure. These meetings are set to take place ‘over the next fortnight’.
The report adds: “This will involve full access being given to United’s data room, which is when their financial situation can be fully accessed by those wishing to buy the club.”
It would be wrong to get complacent and assume the Glazers will sell, but this appears to be a positive development to cling onto.