Manchester United take over Sheikh Jassim’s ‘position’ live

While Sheikh Jassim is not entirely convinced that the Glazers are willing to sell the club, Giggs’ friend and former teammate Gary Neville is sure they will sell the club.

Speaking after the defeat to Arsenal earlier this month, Neville told Sky Sports:

They are [about to sell] it’s just a game for them. They think it’s a toy. Of course they’re going to sell, they’re desperate for money. They can’t even compete on FFP anymore. United speak as if they are a mid-table club when it comes to the transfer market.

In a recent interview on YouTube channel Webby & O’Neil, Ryan Giggs appeared to lean towards Sheikh Jassim when asked for his preference for United’s future owner.

He explained:

It is the one who will make the difference, the one who will invest significant sums. From the outside, it is Sheikh Jassim who will invest the most money, who will own it 100 percent. We need significant investment both in the playing staff, in the stadium and on the training ground. You need everything. If things weren’t too bad on the pitch, if we won games, won trophies, then we could probably get through this. But we don’t win games, we don’t win trophies and it’s just extra pressure for the coach, for the players, with a lot of outside noise.

Currently, two offers are on the table for the Glazers to consider.

Both are thought to be in the region of £5 billion, but the amount of club both men want to buy with that figure differs.

Sheikh Jassim is looking to buy 100 percent of the club, while Ratcliffe is looking to buy around 60 percent.

Some fans are concerned about the latter’s offer as it opens the door to the current owners remaining at Old Trafford.

MEN Sport understands that Sheikh Jassim’s concerns over the sale stem from a lack of communication from the Glazers.

We reported in August that the Qatari banker was still awaiting a response from the owners for an offer lodged in May and valued at more than £5 billion.

However, the offer still remains on the table.

According to The Guardian, Sheikh Jassim and Ratcliffe are willing to be patient in terms of buyout.

MEN Sports revealed in August that the Qatari banker was unsure of the Glazers’ plans to sell the club.

But it is understood he is happy to “play the long game”.

As previously mentioned, United signed a new jersey sponsorship deal with American technology company Qualcomm Snapdragon this week.

The deal is worth £60 million a year to the Reds and will begin at the start of next season.

According to Mike Keegan of the Daily Mail, this contract is not a meaningful indicator of the progress of the sale and shows little more than the strength of the company at this stage.

Away from selling United briefly as Premier League rival Everton finalizes takeover.

It has been announced that owner Farhad Moshiri has signed an agreement with 777 Partners for the American investment company to acquire its majority stake in the club.

A statement from Moshiri via the Merseyside club read:

The nature of ownership and financing of major football clubs has changed significantly since I first invested in Everton over seven years ago. The days of one owner/benefactor seem out of reach for most, and the biggest clubs are now typically owned by well-resourced private equity firms, specialist sports investors, or private equity firms and funds supported by the state.

The New York Stock Exchange opens at 2.30pm UK time and United’s share price will be $19.66 per share.

It’s been a tough few weeks for Reds shares following news of the Glazers potentially pulling out of a sale.

Despite their new jersey sponsorship deal with Snapdragon, shares have continued to decline and are down 0.63% over the past five days.

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