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Man United Bids Reportedly Fall Short of Glazers’ Asking Price

  • The Glazer family is reportedly looking for $7.4 billion to sell the club.
  • Qatar's Sheikh ­Jassim bin Hamad Al Thani, British billionaire Jim Ratcliffe, and Finnish entrepreneur Thomas Zilliacus are the public finalists
A view of Manchester United stadium, Old Trafford
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The new bids to buy Manchester United are in — and they’re reportedly lower than the Glazer family’s asking price.

Although Man United’s current owners want approximately $7.4 billion, it doesn’t preclude an eventual sale.

Both Qatar’s Sheikh ­Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe — the initial two public finalists to buy the storied club — increased their offerings from around $5.6 billion, but remained below the $7.4 billion threshold, according to ESPN .

Finnish entrepreneur Thomas Zilliacus, who entered the fray after the bid deadline was extended last week, also reportedly lodged a bid whose value is unknown.

A view of the Manchester United stadium

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Before the deadline extension, Sheikh Jassim and Ratcliffe both submitted bids exceeding $6.2 billion — which alone would make the sale the most expensive ever for a sports team.

While that could be seen as a disappointment to the Glazers, one of the bidders is possibly closer than previously thought. According to Sportico, Sheikh Jassim’s bid is “in the ballpark” of the Glazers’ asking price — and Ratcliffe couldn’t match it.

It now falls to U.S. bank the Raine Group — which is facilitating the sale — to either request another round of bidding or name a preferred bidder.

Man United expects to have “clarity” on the ownership situation by season’s end in late May.

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