• Loading stock data...
Monday, March 17, 2025
Nominations Are Open for Front Office Sports Honors! Submit Now

Manchester United Bids Reportedly Too Low for Glazers

  • Two public bids for the iconic club have been confirmed.
  • Telegraph Sport reported the bids would need to be larger in order for the Glazers to sell.
Manchester United forward Marcus Rashford celebrates with teammates after scoring.
Manchester United FC

The only two public bids for Manchester United are reportedly too low for the club’s current owners.

Qatari Sheikh Jassim bin Hamad Al Thani and Jim Ratcliffe’s INEOS have both confirmed their separate bids for the Premier League club, but Telegraph Sport reported that the bids would need to be larger in order for the Glazers to sell.

Sheikh Jassim confirmed his bid for a full takeover without debt on the Feb. 17 deadline. It was reported that INEOS, which has the help of Goldman Sachs and JPMorgan Chase & Co., wanted to take a 69% stake in the club. 

It’s unclear how much either bid is, but neither are believed to reach the roughly $6 billion the Glazers are thought to be looking for, which would be a record price for a sports team. Forbes last valued the club at $4.6 billion.

Raine Group was hired by the Glazers, who purchased the team for roughly $942 million in 2005, in November to explore a potential full or partial sale. The Athletic reported on Friday that Joel and Avram Glazer are reluctant to sell, but are unable to buy out the four family members who do want to sell.

Elliott Management, Ares Management, and Oaktree Capital have all reportedly offered funding to bidders.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

How New $15M Women’s March Madness ‘Units’ Payouts Work

Men’s teams have benefited from this format for decades.

Conference Realignment, Starpower Shape Women’s March Madness

Three No. 1 seeds are conference newbies this season.

SEC to Earn $26M With Record 14 Men’s NCAA Tournament Bids

The conference’s investment in the sport is paying off.
Jan 13, 2025; Glendale, AZ, USA; Minnesota Vikings quarterback Daniel Jones (13) against the Los Angeles Rams during an NFC wild card game at State Farm Stadium.

As NFL’s QB Carousel Spins, Even Backups Are Getting Big Money

Daniel Jones signed a $14 million deal with the Colts.

Featured Today

Auburn Tigers guard Miles Kelly (13) reacts after hitting a three-point shot against Kentucky during the first half in SEC basketball at Rupp Arena Saturday afternoon in Lexington, Kentucky March 1, 2025

The SEC’s Ascent to Men’s Basketball Supremacy

The league brought its football pageantry and power to college hoops.
San Diego Wave FC falls to Orlando Pride at Snapdragon Stadium in San Diego, CA on April 29, 2023.
March 14, 2025

The New Tailored Approach to Women’s Sports Uniforms

For new women’s sports leagues, every detail is custom.
Iowa Hawkeyes guard Caitlin Clark (22) cuts down the net after beating LSU in the Elite 8 round of the NCAA Women's Basketball Tournament between Iowa and LSU at MVP Arena, Monday, April 1, 2024 in Albany, N.Y.
opinion
March 9, 2025

Reader Mailbag: Leagues Need Must-Watch Moments

Readers responded to NHL success and what it means for other leagues.
Moolah Kicks
March 8, 2025

Breaking the Mold: The Brands Designing Footwear Specifically for Female Athletes

New companies are laser focused on changing the women’s athletic footwear landscape.

Eagles Make Saquon Barkley NFL’s Highest-Paid Running Back Ever

Barkley is coming off a historic 2024 season with the Eagles.
Teammates embrace during matchup in The Hundred cricket league
February 15, 2025

Google, Microsoft, Adobe CEOs Buy Stakes in Cricket League

The England and Wales Cricket Board raised £520m by selling team stakes.
February 18, 2025

Tiger Woods Signs First PGA Tour Player to Wear Sun Day Red

Karl Vilips will wear Sun Day Red at his season debut at the Mexico Open.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Jul 30, 2022; Pasadena California, USA; Juventus forward forward Dusan Vlahovic (9) and Real Madrid forward Vinicius Jose Paixao (20) battle for the ball in the first half during an international friendly at the Rose Bowl.
February 14, 2025

‘Make Juventus Great Again’: Crypto Firm Tether Buys Stake in Soccer Club

Tether is just one of many crypto firms making sports investments.
exclusive
December 5, 2024

Talor Gooch Using LIV Golf Fortune to Start Building Sports Empire

The golfer has made more than $43 million individually from LIV.
December 4, 2024

U.S. Firm Makes $310M Bet on Soccer by Forming Superagency

The U.S.-based investment company makes a significant play in international soccer.
November 13, 2024

Why Liberty Media Spun Off Assets, Shook Up Leadership

Longtime CEO Greg Maffei is stepping down at the end of the year.