The Glazer family, owners of Manchester United, will soon have the authority to exercise their drag-along rights should new takeover interest arise from a third party. This situation presents an opportunity for Sheikh Jassim to substantiate his intentions and pressure Sir Jim Ratcliffe into selling his shares, unless the INEOS magnate is able to present a competitive offer.
Reports in December claimed that the Qatari bidder still has plans in place to pursue a full takeover of United down the line. An advisor told the Daily Mail: “Sheikh Jassim is still a rich guy. He is still a United fan. He is not going to rush off and try another Premier League club. If the opportunity to buy the whole of Manchester United arose again at some point in the future, it is hard to see there not being a big level of interest. The plans are still there.”
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