Bad news for Man Utd! New owners won’t be decided before start of next season as takeover process drags on
Manchester United
Manchester United’s takeover process is expected to take longer because the club’s sale is unlikely to be completed before the start of next season.
What’s next for Manchester United? United will conduct their summer transfer business in a state of upheaval before launching a busy pre-season campaign on July 12.
What happened? Throughout Thursday, hopes grew that a deal with the Qatari consortium was imminent, fueled by the formation of Sheikh Jassim’s Nine Two UK Holdings Limited on the UK government’s Companies House website. Rio Ferdinand’s YouTube announcement that a deal was approaching, as well as a Reuters report that the club was negotiating an exclusivity period for the Qatari bid, added to the excitement.