The date for the announcement of the completion of Manchester United’s takeover has been set, according to reports.
After putting the club up for sale in November 2022, the Glazer family have been in talks over a sale for the last nine months.
The Glazers have experienced huge backlash from United supporters ever since their takeover in 2005 with protests regularly held by fans before, during and after games throughout their tenure.
Ineos founder Jim Ratcliffe and Qatari banker Sheikh Jassim have been the two in discussions and reports initially suggested that the Glazers preferred Ratcliffe’s bid as it meant they would’ve been able to retain their shares.
Despite those claims, The Sun have said that Jassim has won the race to buy the club and will complete the deal worth £6billion by mid-October.
An official announcement could be made as early as next month.
They added that upon completion, Jassim would wipe out all of the club’s debts and also has plans to invest in Old Trafford, the Carrington training facilities and significant funds to improve Erik ten Hag’s squad.
United have struggled in their opening two games of the season – scraping past Wolves with a 1-0 win in their first game before losing 2-0 away at Spurs last weekend in a toothless display.
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