Elliott Management make offer for minority stake in Man Utd

Football
24 Mar 2023 • 6:55 AM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Elliott Management have made an offer for a stake in Manchester United.

United could remain in the hands of the Glazer family - after US hedge fund Elliott Management made an offer to take a minority stake in the club.

In what would be a U-turn that would leave many Old Trafford fans aghast, there are increasing suspicions that the planned sale could be OFF - unless bidders match the Glazers' 6bn valuation.

And some reports even claim the American owners are actually holding out for 6.5bn.

It is claimed the bid, which was submitted before Wednesday night's 9pm deadline, is potentially up to 40 per cent of the club.

Figures involved with the process have long maintained that the Glazers staying on with such a deal is an option that cannot be ruled out.