According to reports, Qatar’s Sheikh Jassim is “fed up and frustrated” after submitting his “final offer” to buy Man Utd from the Glazer family.
United have been up for sale since November but despite ongoing interest from Sheikh Jassim and Sir Jim Ratcliffe, a preferred bidder is yet to be named.
It has been consistently reported in recent weeks that Ratcliffe is more likely than Sheikh Jassim to become Man Utd’s new majority stakeholder.
This is because the British billionaire is willing to keep some of the Glazer family on board with a reduced stake of around 20%, while Jassim is only interested in a full takeover.
Earlier this week, Sheikh Jassim submitted his fifth and final offer to the Glazer family. He has reportedly told the American owners that he will step away from the process if this bid is not accepted by Friday.
At the time of writing, the Glazer family have not responded to this latest bid and Sky Sports’ Kaveh Solhekol has suggested that the takeover process has “become a joke”.
“I’ve got to be honest – Sheikh Jassim is frustrated. He is fed up,” Solhekol told Sky Sports.
“We are talking about Manchester United, and this takeover process that has now gone on for almost seven months. I’m sure you’re frustrated with it. I’m frustrated with it. Everyone’s frustrated with it, including Sheikh Jassim.
“He has said, this is it. It is take it or leave it time. This is my final offer, this is my fifth and final offer.”
“The Glazers have until close of business on Friday to take it or leave it. Otherwise Sheikh Jassim is going to leave the bid on the table, but he is going to be walking away. He is not going to be engaging with them anymore.”
Solhekol later added: “I’ve been speaking to somebody involved in the process and they told me, they were really not pulling any punches, they said Sheikh Jassim is basically frustrated.
“The window opens in two weeks’ time. He wants to get this deal done. I am told United are the biggest football club in the world, and here we are. This has become a joke.”
A separate report from talkSPORT’s Alex Crook claims the Glazer family could benefit from the takeover process “dragging on”.
“I think it suits the Glazers to have it dragging on. They’re effectively trying to get the two main parties to bid against each other,” Crook told GiveMeSport.
“Obviously, there’s still a big suggestion that the Glazers don’t want to go at all, so I think it could drag on.”
The article Man Utd takeover: Journalist reveals bidder’s ‘fed up’ stance as the Glazers benefit – ‘become a joke’ appeared first on Football365.com.