Manchester United takeover latest as Glazers' debt 'passes £1bn for first time'

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Manchester United supporters continue to wait upon the future of their club as the Glazers weigh up their options

Manchester United fans are at the end of their tether as they wait on news regarding the takeover process.

Two bidders moved to the forefront of the process: Sheikh Jassim bin Hamad Al-Thani and Sir Jim Ratcliffe. However, we are still no closer to knowing which offer is the most likely to be accepted. This is believed to be due to gross debt, bank borrowings and outstanding transfer fees. On transfer fees, they have grown to £279.8m and could well grow further as these figures do not take into account United's 2023 summer business.

 

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