MU club in crisis because of failed transfer

"Those are the latest developments surrounding the transfer of MU Club, but it is also becoming deadlocked. The situation makes the fans of the Old Trafford team more impatient, while coach Erik ten Hag is disappointed because everything is still stagnant. At the same time, the value of MU Club on the New York Stock Exchange (USA) decreased by about 500 million pounds", Sky News channel said.

The Glazer family continues to control MU Club

This information came right after Qatari billionaire Sheikh Jassim suddenly announced his decision to withdraw from the race to buy MU Club, because his second bid worth 5 billion pounds was again rejected by the Glazer family.

"The American owners, the Glazer family, have been selling Manchester United since November 2022. But despite many offers, the most serious of which were from Qatari billionaire Sheikh Jassim and British billionaire Jim Ratcliffe, the Glazers have yet to agree to sell the Manchester club they bought in 2005 for just £750 million," said transfer news expert Fabrizio Romano and the BBC .

The Glazers' lack of clarity in selling MU has significantly affected the team's plans in the near future. Coach Erik ten Hag and MU fans hope that the team will soon change owners, so that the new owners can pay off all current debts, upgrade Old Trafford Stadium, Carrington training ground and increase the cost of buying new players in the winter transfer window... These plans may have to wait.

Qatari billionaire Sheikh Jassim

The Glazers still do not want to sell the team, despite all the protests from MU fans, or the very generous offer from Qatari billionaire, Sheikh Jassim. Meanwhile, they are only considering the possibility of selling 25% of the shares to billionaire Jim Ratcliffe and still control the entire Red half of Manchester team.

MU is currently ranked 10th in the Premier League, 8 points behind the leader Tottenham after only 8 rounds. The "Red Devils" of Manchester have also lost 6 out of 11 matches since the start of the 2023-2024 season, and have not won the Premier League since 2013.

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