The US hedge fund have reportedly submitted a proposal for financing that is open to all parties but continue to insist they don't want to buy United.
There's a priority at this moment in time for them to go.' 'They've run out of money, they've not invested in the stadium… This looks like it's a Joel and Avi Glazer play to either 'stay in control' or 'force the other bidders up.' Go on their website. Man Utd's stadium is behind a lot of the big [clubs] in Europe 'That's the biggest concern. Responding to a tweet by Sky Sports News' chief reporter Kaveh Solhekol, Neville said: 'Nope!
US hedge fund Elliott Investment Management has made it through to the second stage of the bidding process in the potential sale of Manchester United.
Ratcliffe's INEOS company is seeking to gain majority control of United by buying out the stake held by the Glazer family. Neither bid is understood to have met the reported £6 billion ($7.2 billion) asking price of the Glazers, who said in November they were considering selling the club. Sky Sports and the Telegraph said those two bidders would now have the opportunity to conduct due diligence on the club by accessing detailed financial information.
With hopes of a swift sale receding, the process to sell the club is set to go on until the end of the season.
But the prospect of that appears to be receding and it is thought a sale before the transfer window opens in June is now considered a more realistic timeframe should the Glazers receive an acceptable offer, sources close to the process said. Richard Arnold, the United chief executive, was at the World Economic Forum in Davos in January where the club courted interest from potential sponsors. They previously owned AC Milan before selling the club to American investment group RedBird Capital last year. Sheikh Jassim’s bid and Ratcliffe’s Ineos Group are due to attend [detailed presentations at Old Trafford next week.](https://www.telegraph.co.uk/football/2023/03/09/man-utd-bidders-invited-old-trafford-takeover-presentation/) Insiders have told Telegraph Sport that the Glazers, whose 18-year ownership of United has been marred by protests and fan fury, remain “determined sellers” at the right price. [United beat Real Betis 4-1 in the Europa League](https://www.telegraph.co.uk/football/2023/03/09/manchester-uniteds-hard-reset-liverpool-horror-how-did-look/).
A FAN-LED consortium are putting together a bid for Manchester United.The club is up for sale after the Glazer family decided it was time to move on a.
They said: "This will be the first time the club has heard of this project. [stump up cash to help improve Old Trafford](https://www.thesun.co.uk/sport/21554906/man-utd-us-investors-elliott-management-old-trafford-upgrades/). [United](https://www.thesun.co.uk/sport/football/team/1196656/manchester-united/) outright and instead offer financial backing to any groups who are interested. [Elliott Management were revealed](https://www.thesun.co.uk/sport/21660210/man-united-takeover-bid-elliot-management/) to have made it through to the second stage of the sales process. [HOW TO GET FREE BETS ON FOOTBALL](https://www.thesun.co.uk/sport/betting-tips/19779073/football-free-bets-offers-bonus-new-sign-up/) [CBS](https://twitter.com/JacobsBen/status/1634193326822809604) reports that the group are "developing" an offer for the club.
The Glazers are set to push back their deadline for a Manchester United takeover until the summer after failing to attract offers that meet their £5billion ...
[Let us know here.](https://www.mirror.co.uk/sport/football/news/man-utd-takeover-deadline-glazers-29429587#comments-section) [Join the debate!](https://www.mirror.co.uk/sport/football/news/man-utd-takeover-deadline-glazers-29429587#comments-section) Who do you think will purchase Man Utd from the Glazers? [putting the club on the market back](https://www.mirror.co.uk/sport/football/news/breaking-man-utd-sale-glazers-28560104) in November, the Glazers have fielded a number of proposals from suitors before last month's soft deadline for bids. Others at the club are taking [charge of] this stuff and I have to manage the team. We are focusing on football, on the games and preparing in training. "There's movement around the club but it's not up to me. Representatives from Elliott Management, who have also made it to the next phase stage, were in attendance for Thursday night's That is our job to do. "I have to make sure the team is perfect and getting the right results. [not interested in purchasing the club outright](https://www.mirror.co.uk/sport/football/news/man-utd-takeover-latest-elliott-29422971) and are instead offering financial backings to all parties in the process - which has prompted fears from fans and [Gary Neville](https://www.mirror.co.uk/all-about/gary-neville) that the Glazers could elect to stay on after all with the backing of Elliott. [Europa League victory over Real Betis](https://www.mirror.co.uk/sport/football/news/marcus-rashford-man-united-betis-29419528). But although various parties, including INEOS chairman [Sir Jim Ratcliffe](https://www.mirror.co.uk/all-about/jim-ratcliffe) and [Sheikh Jassim bin Hamad Al Thani](https://www.mirror.co.uk/all-about/sheikh-jassim-bin-hamad-al-thani), have [lodged concrete offers for the club](https://www.mirror.co.uk/sport/football/news/man-utd-takeover-bids-presentation-29410690), nobody has come close to meeting the family's demands.
The Glazer family are still willing to sell the club if the right offer arrives but may have to wait a little longer to do a deal.
9, with [Harry Kane and Napoli's Victor Osimhen also having been linked with a move to Old Trafford](https://www.goal.com/en-gb/news/man-utd-harry-kane-victor-osimhen-transfers/bltefd48f9aaae36611). THE BIGGER PICTURE: There are thought to be "at least four parties" interested in buying United, with the Glazers described as being "determined sellers" as long as their valuation is met. [hoped to complete a sale in the first four months of 2023](https://www.goal.com/en-gb/news/man-utd-takeover-elon-musk-the-emir-of-qatar-and-everything-you-need-to-know-about-bids-deadline-and-the-glazer-sale-process/bltbcef529a163f1efe) but are now targeting a deal before the transfer window reopens in June, as reported by [The Telegraph](https://www.telegraph.co.uk/football/2023/03/10/man-utd-sale-deadline-pushed-back-summer/). The Glazer family want at least £5 billion for the club but offers from [Jassim bin Hamad Al Thani](https://www.goal.com/en-gb/news/manchester-united-takeover-qatari-sheikh-jassim-bin-hamad-al-thani-pole-position-complete-purchase-club-sir-jim-ratcliffe/blt3895156c5e730144) and Sir Jim Ratcliffe have not yet met their asking price. [Chelsea midfielder Mason Mount](https://www.goal.com/en-gb/news/mason-mount-bidding-war-man-utd-now-want-chelsea-midfielder-face-strong-competition-liverpool-newcastle/blt58989c47003273df) and also want a new No. [TOP STORY: Furious Ronaldo kicks bottle after Messi chants](https://www.goal.com/en/news/watch-furious-cristiano-ronaldo-kicks-bottle-al-nassr-al-ittihad-lionel-messi-taunts/bltb1c3f0e67160591f) [HAVE YOUR SAY: Is Rashford the world's best player?](https://www.goal.com/en/news/agree-disagree-marcus-rashford-best-player-world-now/blte8dc37e8082a4707) [MUST READ: Retire or return to Barca - Messi must quit PSG](https://www.goal.com/en/lists/lionel-messi-retire-go-back-barcelona-waste-more-time-toxic-psg/blt5196e1b155e0fafb)
Elliott Management has made it through to the next stage of bidding for Manchester United together with Sheikh Jassim Bin Hamad Al Thani and Sir Jim ...
"Everyone is now trying to work out what the Glazers are going to do. "There were even banners at the game last night against Real Betis. "But Manchester United belongs to the Glazers so they can decide what happens next and it is by no means certain that they will decide to sell - even though there are offers on the table that value the club at £4.5bn. "I know that would be bad news for a lot of Manchester United fans because they want the Glazers to go, they're hoping that either the Qataris or Sir Jim Ratcliffe buy the club. "Or will they stay and use the funding that is being proposed to them to borrow money, maybe sell a minority stake in Manchester United and use that money to redevelop the club. "That is the difference and it is significant that they have made it through to the second stage of the process because it basically lets us know that the Glazer family are still looking at all options.
Manchester United could be taken off the market by the Glazer family in a U-turn on their takeover plans - despite agreeing to meetings over a potential ...
[Manchester United](https://www.dailystar.co.uk/latest/manchester-united-fc) Football Club. [comments section](https://www.dailystar.co.uk/sport/football/man-utd-takeover-jim-ratcliffe-29411330#comments-section) below. [season ticket prices had increased](https://www.dailystar.co.uk/sport/football/man-united-season-ticket-glazers-29271085), one fan fumed: "Am I shocked that the first season in a long time the Glazers haven't taken a dividend and all of a sudden 'costs' have increased." [Sir Jim Ratcliffe](https://www.dailystar.co.uk/sport/football/jim-ratcliffe-man-united-bid-29247852) and [Qatari Sheikh Jassim bin Hamad al-Thani](https://www.dailystar.co.uk/sport/football/man-utd-transfer-budget-qataris-29160572) over a potential buy-out, external cash might help the Glazers make money but stay in charge. [Manchester United](https://www.dailystar.co.uk/latest/manchester-united-fc) fans, look away now. [Man Utd fans already welcoming Harry Kane to Old Trafford after Spurs' UCL exit](https://www.dailystar.co.uk/sport/football/man-utd-tottenham-harry-kane-29409927) [The Sun](https://www.thesun.co.uk/sport/21639551/man-utd-could-be-taken-off-glazers/) report the set-up could see the owners join forces with one huge investor, with the Ares Management fund in Los Angeles having £246bn in assets.
MANCHESTER UNITED are reportedly in advanced talks to sign £89m Benfica striker Goncalo Ramos.Meanwhile, Newcastle have joined PSG in the race to sig.
[Sunday's 7-0 mauling to Liverpool](https://www.the-sun.com/sport/7528955/liverpool-man-utd-live-result-score-cody-gakpo-goal/), which led to some fiery remarks by Ten Hag accusing his players of dropping their "standards" after a dominant run across all competitions. [Ten Hag](https://www.the-sun.com/who/erik-ten-hag/)'s main transfer aim will be a new world-class striker. [Man United](https://www.the-sun.com/sport/football/team/278/manchester-united/), Chelsea and Tottenham are all considering moves for the 27-year-old. “I don’t know what the reason today was. "We are happy for this game. And @PFA will also fully support players who face fines for not completing required broadcast duties.” “I am an Arsenal fan but when you play for a club, you are not thinking about Arsenal. Many @premierleague players keen to show support for ex-pro pundits who step aside from @BBCMOTD. When they came on, Scott [McTominay] and Pelli, it was 3-1 but 4-1 is huge, to make the extra goal. Now this was his moment to come on because of a longer period he performed in training. "So he showed great personality and character, not only in this game. But United manager Ten Hag said: “He has intelligence.
Their end game is not to own the club but to provide external funding, either for groups who want to own a minority stake in Manchester United or for the Glazer ...
As reported by i earlier this week, a series of meetings with potential owners is planned next week at which further details about the club’s finances will be divulged. The US firm is no stranger to football, having acquired Milan when previous owner Li Yonghong couldn’t meet repayments on the £270m loan provided by Elliott. [ defeat of Real Betis ](https://inews.co.uk/sport/football/man-utd-real-betis-player-ratings-analysis-redemption-europa-league-2199474?ico=in-line_link)on Thursday told its own story. Their end game is not to own the club but to provide external funding, either for groups who want to own a minority stake in Manchester United or for the [ Glazer family ](https://inews.co.uk/sport/football/man-utd-vs-brighton-glazers-epic-incompetence-brutally-exposed-erik-ten-hag-first-game-1783548?ico=in-line_link)themselves to [ invest in the stadium ](https://inews.co.uk/sport/football/man-utd-takeover-offers-old-trafford-redevelopment-stumbling-block-2083742?ico=in-line_link)or the Carrington training ground. As has been the suspicion of many involved with the takeover process, Elliott Investment Management’s presence in the next stage of the process is proof that the Glazers will take their time to assess all of the options available to them. [ Glazer](https://inews.co.uk/sport/football/man-utd-takeover-doubt-glazer-carabao-cup-final-ten-hag-2175155?ico=in-line_link) family is giving serious consideration to [ retaining control](https://inews.co.uk/sport/football/glazers-greatest-hoax-sports-fears-selling-man-utd-2166263?ico=in-line_link) of [Manchester United](https://inews.co.uk/topic/manchester-united-fc?ico=in-line_link) emerged on Friday when US hedge fund Elliott Investment Management made it into the second stage of the [takeover process](https://inews.co.uk/sport/football/man-utd-takeover-delayed-bidders-deal-glazers-sale-2193552?ico=in-line_link).