One Glazer vetoed the decision to sell United to the Qatari sheikh

The sale of Manchester United seemed a sure thing for months, much to the delight of most fans, as it would bring to an end the rather unsuccessful era of the Glazer family's reign. There was the issue of money, which was kind of worrying, but everybody believed that the 6 billion pounds price was just for bidding and that the American owners would just use that for better bargaining. But months were passing, nothing was happening, fans were organizing protests to speed up things, and in the end, a total turnover. Instead of selling the club to the Qatari Sheikh Jassim bin Hamad al-Thani, a complete reversal took place, and according to current information, the American family remains the majority owner of United.

Now, everyone is wondering how the collapse of the business that was in the making for almost a year happened. It's all allegedly the fault of one of the co-owners, Joel Glazer. Namely, while practically all family members from United's Board of Directors were in favour of selling all 100 per cent of the shares to the extremely rich sheikh, it was Joel who vetoed the whole process. He was allegedly not satisfied with the offered sum of almost six billion euros and set conditions for the sheikh - either that the Glazers remain majority owners and sell the minority package or that the bidder allocates another billion euros in order to become a full owner. The new terms angered the Qatari sheikh, who quickly withdrew from further negotiations. Although it is not yet official that the whole deal has fallen through, there is no indication yet that the two sides will return to the negotiating table.

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The Sheik was practically ready to finalize the purchase. he went to the Carrington training centre to speak with sporting director John Murtaugh to get information about the club's business and the team, but then everything stopped. The direct consequence of the failed negotiations caused the value of the stock to fall by a full 11 per cent on Monday. Now the only active offer is that of Sir Jim Ratcliffe, who offers a little more than one and a half billion euros for a minority package of 25 per cent, with the condition that his people are in charge of sports operations.

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The board will discuss Ratcliffe's offer on Thursday. As for Ratcliffe's ideas for taking over the sports sector, fans and especially coach Erik ten Hag seem to be full of support. According to reports, the British billionaire plans to bring former Liverpool transfer guru Michael Edwards. This is the man who laid the foundations of Jurgen Klopp's success at Anfield. Among others are Newcastle’s sporting director Dan Ashworth and Paul Mitchell, who currently works for Ligue 1-topping side Monaco, having previously worked at Southampton, Tottenham, and RB Leipzig.