Fans will have to wait until mid-October for the takeover to go through.
are reporting that the Glazers have at last managed to all agree and will commit to a full sale of the club.
According to the report, senior figures at Old Trafford warned the Glazers there would be a ‘huge backlash’ from supporters if they held onto any shares. But Avram and Joel appear to have relented and the family’s controversial 18-year reign at Old Trafford looks set to come to an end.Sheikh Jassim will buy 100 per cent of the club and will also wipe out the gross debt of £725million that was racked up over the Glazers’ stewardship of United.
The Qatari banker’s team are currently completing due diligence on the club before the takeover can be rubberstamped, with the deal likely to be completed around mid-October. In addition to completing their own due diligence, the Qatari bid will also need to pass the Premier League’s Owners’ and Directors’ test, also known as the Fit and Proper Persons’ test, before it can be signed off.
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