Raine Group, the firm handling the sale of Man Utd, had granted extensions to Qatar's Sheikh Jassim and Sir Jim Ratcliffe’s INEOS to make a second bid; Finnish entrepreneur Thomas Zilliacus has also made an increased offer; Sky Sports News understands Glazers do want to sell club
The deadline for second bids was 9pm on Wednesday but Sheikh Jassim's representatives asked for an extension on Tuesday and were given more time.
There was no new deadline for Sheikh Jassim's second bid and although Sky Sports News was told it had always remained on track, news of the Qataris' revised offer had gone very quiet before it was confirmed on Saturday. The bid is believed to be around £5bn.
Sir Jim Ratcliffe and INEOS submitted a revised bid on Thursday night, while Finnish entrepreneur Thomas Zilliacus confirmed his holding company XXI Century Capital has also made an increased offer.
US hedge fund Elliott Management did make an offer before the deadline to buy a minority stake in the club.
Elliott Management have also offered financing to other parties interested in investing in United and that offer still stands.
BREAKING: Sheikh Jassim’s new bid for Manchester United has been submitted 💰 pic.twitter.com/Kut8ed8lgg
— Sky Sports News (@SkySportsNews) March 25, 2023
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