In the early morning of Thursday, a series of media units have prepared content to talk about the transfer of owners of Manchester United. However, there is still no official information. The prices offered for bidding are still unclear.
Man United is a team worth billions of pounds, but up to now, all stories of power transition at Old Trafford are still not made public. Fans and the bidders themselves also need to know the official information from the Glazer family. At least, US owners need to organize a public auction.
The most "affordable" reason for now is Glazer's ambition, they want investors to play with each other in the backstage to get the largest figure. The number of American billionaires expected to be about 6 billion pounds, up to now, no one has been able to meet. The Qatari royal and INEOS have also just reached the threshold of 5 - 5.5 billion pounds.
The Glazer family wants to create a sense of urgency for the contractors, wanting to create them the fear of being robbed of Man United if they do not increase the money to the auction table. After that, they may not contact the losers again and only make the winner's identity public.
From investors, they probably understand what the Glazer family is doing by borrowing media units to convey the price, the message they want to give to Man United at the moment.
As for Sir Jim Ratcliffe, he has asked for an extension of the time to be able to use the money to play fairly with the Qatari royal in this sale. The fact that Raine Group - the unit authorized by Glazer to sell M.U, accepted an extension of more time is also intentional. As analyzed, they want the Qatari royal family to feel worried so that they can get a better price, from 500 million to 1 billion pounds.
As for the Qatari royal, they do not lack money but if they do not feel respected, they will not buy Man United at all costs. Glazer's failure to finalize the purchase price and letting investors wait longer could be considered an act of disrespect on Sheikh Jassim's side.
If the Qatari billionaire had paid up to 5.5 billion pounds but still did not receive a response, he could withdraw immediately. Sheikh Jassim will feel uncomfortable if he has to participate in the race with Elliott Management (wishing to buy a part) and Finnish billionaire Thomas Zilliacus (who wants to buy 50% and asks fans to save up to buy the remaining 50%).
Not only waiting for a higher bid price, Glazer also wants to make a double profit in this crop. Man United's stock price was 25 USD for each unit at Wednesday evening.
It is on the rise, parallel to the race of investors to own the Old Trafford team. The Glazer family will consider when the optimal purchase price and stock value are at the highest level, they will take profits and earn the maximum profit.
