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Man Utd investors ‘have takeover theory’ as Glazer family make unusual move

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Manchester United are still yet to publish their annual financial results in a move from the Glazer family that could be linked to their protracted takeover saga.

The Premier League outfit are closing in on the one-year anniversary since their American billionaire owners invited offers for the club but there has been no offer accepted, with Sheikh Jassim and Sir Jim Ratcliffe leading the race to buy control. But investors have reportedly been left in the dark about the current state of the club’s finances.

Speculation is rife that there has been a delay to factor in news about the club’s potential new owners. However, it is also quite possible that the Glazers are simply waiting for the opportune time to release their 2023 numbers – a move that may add to the frustration felt by United fans who have made their position on their owners abubndantly clear.

The Daily Mail reports that budgets are ‘tight’ at the club, with long-term projects shelves and ‘virtually off the table’ until more developments are made in determining what their revenues are. It is estimated by the club that United’s forecasted revenues could reach as high as £650million, which would represent a huge climb from their 2022 results of around £580m.

The Red Devils have taken the unusual step of waiting until October without announcing their figures for the financial year ending June 2023. In nine out of the last 10 years, United have announced these results in September.

The Glazers are under no obligation to post their yearly report until the regulatory cut-off, which is not due for another few weeks. But the uncertainty is causing more angst amongst the fanbase and potentially investors too.

Back in 2020, investors were made to wait until as late as October 21 before they were able to see the report, which included eye-watering losses of £118m due to the coronavirus pandemic.

This similar delay may give a similar cause for concern while the club remain in limbo. Recent reports suggest Ratcliffe may now be interested in a deal that would see him own a 25 per cent stake in the club, allowing the Glazers to retain their majority share.

Last November, the Glazer siblings announced that they were intending to explore ‘strategic alternatives’, including fielding offers to sell the club, as they eyed a huge profit on the £780m leveraged deal agreed by their father Malcolm in 2005.

It is understood that United – who hired US firm Raine to handle the takeover process – received multiple bids from Qatari billionaire Sheikh Jassim, with the highest exceeding £5bn.

United fans held their latest protest outside Old Trafford before their 2-1 win over Brentford on Saturday with banners and signs urging the Glazer brothers, Avram and Joel, to sell up. As of yet, there is still no decision some 11 months down the line.

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Ex-Chelsea Flop, Timo Werner In Shock Move To Man Utd

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Former Chelsea striker Timo Werner is a shock transfer target for Manchester United, according to Sky Sports Germany’s Florian Plettenberg.

Werner, 27, has been linked with a loan move to a variety of interested clubs in January, including Real Madrid, but Plettenberg believes the German will prefer to see out the season at RB Leipzig before making a permanent move.

Werner is said to be disgruntled with the way things are going in Saxony despite only having rejoined Leipzig from Chelsea in 2022, while Man United are keen to strengthen their attack. Manchester United have enquired about Werner’s availability, but no offer has been made and there haven’t been any negotiations at this stage.

Reds boss Erik Ten Hag will now monitor Werner’s situation over the next couple of weeks before the transfer window opens.

If Werner were to move to Old Trafford in January, he would join the likes of Odion Ighalo and Wout Weghorst on a growing list of stop-gap striking options that the Premier League side have turned to in recent history.

Werner has only scored twice this campaign, but he managed to register 16 goals last season back in the Bundesliga.

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Newcastle eyeing January move for Kalvin Phillips

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Newcastle United are lining up a January move for Manchester City midfielder Kalvin Phillips, sources have told ESPN.

The England midfielder has started just one game for City this season and the club are braced for offers ahead of the January window.

Newcastle are keen to bolster their midfield to compensate for the loss of Sandro Tonali, who has been hit with a 10-month suspension for breaching rules around betting. Juventus and Bayern Munich are among the other clubs interested in Phillips.

Kalvin Phillips has largely been restricted to a role from the bench in his time at City. Getty
Phillips, a £43 million ($53.6m) signing from Leeds United in 2022, has struggled to break into Pep Guardiola’s team and according to a source, is keen to find regular football ahead of the Euros in Germany next summer.

The 27-year-old started just four games last season, with both of his Premier League starts coming after City had been confirmed as champions.

His only start this season came in the 1-0 defeat to Newcastle in the Carabao Cup in September and he was left on the bench for league defeats to Wolves and Arsenal despite his competition in central midfield, Rodri, serving a suspension.

Phillips has been named in the latest England squad for games against Malta and North Macedonia during the international break, despite his lack of game time.

Gareth Southgate will name just one more squad — for March internationals against Brazil and Belgium — before finalising his team for Euro 2024.

If he stays at City into the new year, Phillips is set to face even more competition in the new year with Kevin De Bruyne expected back from a hamstring injury.

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Nicolò Fagioli signs new Juventus contract

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As expected, Juventus have officially extended their contract with midfielder Nicolò Fagioli until June 2028, although he is suspended for illegal betting.

The Bianconeri youth academy product confessed to the club and the authorities last month that he had been struggling with a gambling addiction that left him needing to borrow money off teammates, pretending that it was to buy luxury watches.

He worked out a plea bargain for a seven-month ban, which will see him available for the final match of this Serie A season.

That ban includes a commitment to undergo treatment for gambling addiction and make several public appearances warning others of the dangers of this misunderstood condition.

His contract had been due to expire in June 2026, but Juventus showed their support for Fagioli by extending it to 2028.

The 22-year-old had joined the club’s academy as a 14-year-old and made his senior debut in 2021.

Fagioli also recently changed management to CAA Stellar.

He is being allowed to train regularly with the rest of the Juventus squad during his ban.

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