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Man United takeover likely to be postponed as Glazers hold out for £6bn deal

Manchester United’s proposed takeover is unlikely to happen in March, reports the Guardian.

The Glazers were keen on getting a deal done within the first quarter of the year or by the end of April.

However, they want at least £6 billion to sell the club, and Sheikh Jassim bin Hamad al-Thani and Sir Jim Ratcliffe have tabled £4.5bn bids.

A sale by the end of the season appears more likely as things stand.

Man United fans may have to wait until May to see their dreams of the Glazers’ exit come true.

The Red Devils’ owners could end up selling the club for less than £6bn. However, the two bidders may need to up their offers.

There are doubts in some quarters over whether the Glazers want to sell Man United.

The Old Trafford club increased their ticket prices ahead of next season last month.

Gary Neville reckons they would not have made such a decision if a full takeover was on the horizon.

A partial takeover bid was lodged by American hedge fund Elliott before last month’s deadline.

There is indecision among the six Glazer siblings because each has their own intentions.

However, the sale is still under serious consideration by the family as a whole.

Takeovers do not happen quickly, and Man United fans must brace themselves for various developments.

It remains to be seen whether Bin Hamad Al Thani or Ratcliffe will meet the Glazers’ demands. A bidding war between the two could be on the cards.

The final decision lies with the club’s owners, and fans will hope everything goes according to plan.

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