According to reports compiled by the editors of www.atspo.com, Sir Jim Ratcliffe’s takeover bid for Manchester United is “dead in the water.”
The entourage of Sheikh Jassim bin Hamad Al-Thani is said to be certain that it has won the battle to acquire Manchester United.
The INEOS billionaire’s proposal is reportedly unpopular with minority shareholders, who have made it clear that such a bid is unacceptable, according to the reports.
The end may be in sight since Sheikh Jassim bin Hamad Al-Thani is reportedly confident that he is leading the race, nearly eight months after the initial announcement that the Glazers may be selling up their ownership of Manchester United.
Fans protested during Tuesday’s home shirt release at Old Trafford because the American owners Glazers have not done much to reassure supporters that they will act on their claim to sell off their ownership.
Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al-Thani continue to be the front-runners, with the former Qatari banker reportedly growing more and more confident that his proposal will prevail.
The Qatari bidder takes comfort in the ambiguity surrounding Ratcliffe’s majority buyout and hopes to acquire a hundred per cent of the club.
According to the reports, certain members of Sheikh Jassim’s inner circle are confident that it is only a matter of time before the Raine Group confirms their decision and the club informs supporters of the outcome.
The confined editors of www.atspo.com spotted a tweet by Sheikh Jassim, @Sheikh_Qatar1, confirming the leading bidder’s confidence in becoming the new owner after the Glazers’ term of ownership ends.
The tweet was captioned, “We are waiting for Glazer’s family to give us the green light!”