Manchester United’s share price dipped to $21.82 on Monday, the lowest in a week, before rebounding again.
07.06.2023 - 20:55 / manchestereveningnews.co.uk
Former Manchester United striker Louis Saha has admitted he is surprised the takeover of the club was not completed before the end of the season.
Back in November, the Glazers announced they were open to further investment in the Reds including potentially selling United. This led to a bidding process which saw two main contenders emerge, Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al-Thani.
Three bidding rounds have since followed but it seems United are no closer to being sold nor are they close to announcing a preferred bidder. Speaking to MEN Sport, Saha claimed the uncertainty could affect Erik ten Hag's summer business if not resolved soon.
"The uncertainty of the Manchester United takeover is not great for Erik ten Hag's transfer window plans," he explained. "Surely they're in talks with potential new signings, and those new players need to be confident in the club's project.
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"There is stability on the field, Ten Hag has created the foundation. Now, it's the overall structure of the club where the development of the stadium, the academy and any new transfers, will be very important.
"All the fans want to see a decision quickly, I'm surprised it wasn't done when the season finished." Both Avram and Bryan Glazer were in attendance at Wembley Stadium on Saturday afternoon as the Reds lost 2-1 to Manchester City in the FA Cup final.
The Manchester Evening News understands United are pushing along with their summer business despite the takeover looming large. Mason Mount is believed to have agreed personal terms with the club while Ten Hag has been conducting several video calls with Rasmus Hojlund regarding a potential move.
Saha was speaking to the MEN in
Manchester United’s share price dipped to $21.82 on Monday, the lowest in a week, before rebounding again.
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Here are your Wednesday morning Manchester United headlines.