Man Utd takeover uncertainty continues as 'inconclusive' meeting pushes back deadline
The Mirror Manchester United remain clouded by uncertainty at the end of the season after the board reportedly failed to agree upon a preferred bidder during a meeting this week.
The protracted takeover process is now in its 187th day, with the Glazer family taking their time in deciding on whether they want to sell the club they have owned since 2005. The American family announced on November 22 that they were beginning a process to explore strategic alternatives for the club.
INEOS billionaire Sir Jim Ratcliffe and Qatari banker Sheikh Jassim bin Hamad Al Thani have emerged as the two leading candidates. Sky News reports that the United board met on Thursday to discuss the takeover, but left having not agreed on giving one of the candidates a period of exclusivity.
Ratcliffe remains the leading candidate, but the Glazers are not in a rush to move the process forward and no decision is expected before Uniteds final game of the season against Manchester City in the FA Cup final next weekend. Instead, they are keen to wait for further proposals, despite the impact that the current period of uncertainty might have on the club.
