Manchester United takeover latest as Raine Group ‘set new deadline’

The Daily Mail claimed the American owners were unhappy because neither Sheikh Jassim bin Hamad Al-Thani nor Sir Jim Ratcliffe had reached their valuation of 10bn. United have been under &aposstrategic review&apos since November when the Glazers announced all options for the future of the club remained on the table.

Since then, updates have been scarce to say the least. Avram Glazer was approached during the pre-season tour but refused to answer a question on the takeover.

However, in the latest look at the takeover headlines, there is a glimmer of hope for supporters who want the saga to come to an end.

According to 90min, Raine Group, who are responsible for overseeing the takeover on behalf of the Glazers, have set a deadline of November to conclude the process. However, there is no concrete evidence the process will be solved by then.

It is understood, the American owners see United to be on the same size as the NFL&aposs Dallas Cowboys who were sold for roughly 7.7bn. The media outlet&aposs sources claim an offer of 6bn would be unlikely to secure a sale.

Former Manchester United captain Gary Neville has accused the Glazers of depressing ambition and playing with the club after defeat to Arsenal.

On Sunday, reports in the Daily Mail claimed the Reds owners were ready to take United off the market because they had not received a bid in the region of 10bn. Sky Sports have since reported the two bidders – Sheikh Jassim bin Hamad Al-Thani and Sir Jim Ratcliffe – are unaware of any change on the status of the sale.

The Glazers announced a &aposstrategic review&apos last November but nearly a year on, the process is still ongoing. And speaking on Sky Sports after United lost to Arsenal, Neville reiterated his anger on the situation.

Read more from Neville here.

One of the stand-out kits of the new season, the base colour of the adidas shirt is green with white stripes and maroon lines ensuring United will boast one of the most eye-catching shirts in the game for the 2023/2024 campaign.