Bidders interested in a full takeover of Manchester United have been given until the middle of next week to submit their second bids to buy the club.
This is reported by Mike Keegan of The Daily Mail, who reports that the timeline has been revised.
Initially, it was assumed that potential buyers have 10 days to submit a second offer, but now the time has been reduced to the middle of next week.
Keegan says: “Second bids for Manchester United should be submitted by the middle of next week, and final bids should be submitted no later than Easter, as Sportsmail understands.
“But sources in the City and in the club say that in the conditions of tightening of the process, the middle of the week is the cut—off point, and Wednesday is the most likely deadline.
“It is not yet known whether the participants will join the exclusivity period with one group after the second applications.”
Keegan adds: “However, it looks like there may well be another round of bidding with Easter slated for the cutoff, where the likely winner will be chosen.”
This new development came after representatives of Sheikh Jassim bin Hamad Al Thani attended Old Trafford yesterday, where they held talks with senior United officials about the sale of the club.
Narodnoye Persona reported that the talks were meaningful, positive and constructive.
Ben Jacobs said that negotiations were conducted until 10 o’clock and friendly relations and friendship were cultivated.
Sir Jim Ratcliffe arrived at the Dream Theatre today at the head of his delegation.
A few minutes later, the INEOS billionaire was seen leaving.
Sir Jim Ratcliffe and his INEOS delegation leaving Old Trafford [@danroan] pic.twitter.com/qvK2fumprC
— utdreport (@utdreport) March 17, 2023
The best thing for United fans is that the end of the Glazer rule seems to be just around the corner.