sport news Man United receive world record £5BILLION bids - but concerns Glazers may not ... trends now
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Improved bids were made for Manchester United on Wednesday night by the Qatar-based group and Sir Jim Ratcliffe – but there remain concerns that the Glazer family may not sell.
As expected, offers of around £5billion – which would both represent a world record fee for a sports club – dropped ahead of the 9pm deadline set by the US bank handling the process.
Both groups, however, believe they are the only parties interested in buying the club rather than taking a partial stake, which is also on the table.
That perceived lack of competition from elsewhere will do little to drive up the price to a level at which the Glazers would be prepared to let the Premier League giants go.
Those involved in the Sheikh Jassim bin Hamad al-Thani bid and that of Ratcliffe's Ineos firm will not pay a figure what they feel would be over the odds.
Qatar-based group and Sir Jim Ratcliffe made improved bids for Man United by Wednesday
INEOS CEO Ratcliffe was one of two parties to enter an offer of around £5billion for the club
Sheikh Jassim bin Hamad al-Thani (left) also made a bid of about £5bn before the 9pm deadline
Both groups believe they are the only two keen on fully buying the club,