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Representatives from prospective bidders due to meet Manchester United officials imminently

Representatives of prospective bidders of Manchester United are due to meet at Old Trafford, according to the Daily Mail.

They claim representatives from the Qatar-based bid will jet into Manchester, while Sir Jim Ratcliffe’s team will also be arriving in the city.

Sheikh Jassim bin Hamad Al Thani or Ratcliffe or the Glazers will reportedly not be present at the meetings.

However, financial and executive members from the bidders will have the chance to study the club’s financial and legal data.

The Qataris are the favourites to win the race for United. They have submitted a €4.5 billion bid but could increase their offer to €5bn

Sheikh Jassim, who is a lifelong United supporter, is also interested in redeveloping Old Trafford, which is likely to cost around €2bn. He has promised to wipe out the club’s debts.

The Glazers will likely make a considerable profit 

Sheikh Jassim and Ratcliffe have gone public with their interest in United, but other parties are also keen to buy the club.

In our view, the Qataris look to be the better option for the Premier League giants. 

They have promised to redevelop the stadium and make the club debt free. 

They are also willing to make investments in the squad as they plan to return the club to its former glories. 

Ratcliffe and INEOS have experience in football club acquisition as they own the Ligue 1 outfit OGC Nice. However, they haven’t promised to make United debt free. 

Whoever purchases the Red Devils, the Glazer family will make a considerable profit from the sale. 

They purchased the club for around €900 million in 2005 but could now receive up to €5bn in massive pay-off.

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