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

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.

Transfers

Chelsea Launch Transfer Bid For Bellingham

Chelsea Launch Transfer Bid For Bellingham

Chelsea have reportedly made an offer to sign Sunderland’s rising star Jobe Bellingham.

The Blues have made a habit of investing in young talent as part of their long-term strategy, and the midfielder has emerged as a prime target to bolster Enzo Maresca’s midfield options.

The 19-year-old midfielder, who is the younger brother of Real Madrid star Jude Bellingham, had previously shown a preference for a move abroad. However, Chelsea’s fresh offer appears to have altered the situation significantly.

“I left Arsenal because my wife told me she wanted to get out of London – then six months later she told me to go BACK!” – which Arsenal legend instantly regretted leaving?

Arsenal, Manchester United, Tottenham, and Crystal Palace have all been linked with Bellingham, but Chelsea’s bid could now put them firmly in the driving seat. Sunderland, meanwhile, are hoping to keep hold of their young star, particularly if they achieve promotion to the Premier League through the play-offs.

With Bellingham contracted until 2028, the Championship side holds a strong position in negotiations – while it’s not clear whether he’d be open to a switch to west London.

FootballTransfers previously reported that Sunderland have a gentleman’s agreement in place, allowing Bellingham to leave this summer if a suitable offer arrives, which is believed to be in the region of £20million.

Unlike his brother who is deployed as a No.10 at Los Blancos, the younger Bellingham operates more as a traditional box-to-box midfielder.

 

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Arsenal Ready Bid For ‘World-Class’ La Liga Defender

Arsenal Ready Bid For ‘World-Class’ La Liga Defender

Arsenal are preparing to test Barcelona’s resolve this summer with a bold €60 million move for Jules Kounde, according to reports in Spain.

While the Gunners’ priority remains strengthening their attack, Fichajes claims manager Mikel Arteta is keen to bolster his defence too, and Kounde – called “world-class” by scout Jacek Kulig – has emerged as a prime target ahead of the summer transfer window.

Despite Barcelona’s stance that Kounde isn’t actively on the market, Arsenal believe the Catalan giants’ financial situation could force them to consider offers. The Gunners are prepared to offer €60m for the versatile defender, but the likes of Chelsea are reportedly in the race, too.

“I left Arsenal because my wife told me she wanted to get out of London – then six months later she told me to go BACK!” – which Arsenal legend instantly regretted leaving?

Barcelona’s ongoing financial concerns, coupled with the delayed reopening of the Camp Nou, may leave them with little choice but to cash in. The club is said to value Kounde closer to €70m but could still accept Arsenal’s bid if they secure a suitable replacement. Man United were previously linked with a huge €100m move.

Arteta is reportedly drawn to Kounde’s ability to slot in at both right-back and centre-back, with Arsenal already having similar players who can play across the backline.

It’s thought that the Frenchman’s pace, distribution, and experience at the top level are seen as key assets that would enhance the Gunners’ backline.

 

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Mikel Arteta Told To Complete ‘No-Brainer’ Transfer To Replace Arsenal Duo

Mikel Arteta Told To Complete 'No-Brainer' Transfer To Replace Arsenal Duo

Mikel Arteta has been urged to push ahead with a move for Joshua Kimmich this summer.

Kimmich has emerged as a top target for Arsenal as his contract talks at Bayern Munich continue to stall. The German has established himself as one of the Bundesliga’s top players since arriving at Bayern in 2015.

He has won eight league titles, three DFB-Pokals and the 2020 Champions League. But his contract with Bayern will expire at the end of this season and the German giants are struggling to tie him down to a new deal.

Those roadblocks have seen Arsenal become interested in the 30-year-old. Former Spurs star Michael Dawson has urged the Gunners to push to sign him, singling Kimmich out as the perfect man to replace Thomas Partey and Jorginho.

“I think he’s a very, very good player. He’s done it for a long time in Germany at the age of 30. His contract is coming to an end and it doesn’t look like it’s going to be renewed,” Dawson told Sky Sports.

“The reason Arsenal are probably looking at this is because you go, ‘Is Jorginho going to go? Is Thomas Partey going to go?’, so you need to replace them. And if he’s a free agent then you get the experience, the quality that he possesses and it’s a no-brainer really on that front.

“Kimmich, I can see why they would go for him, of course. The experience and what he could bring if those two players [Jorginho and Partey] do leave Arsenal. You’re bringing in someone who is tried and trusted… no-brainer.”

It has been reported that Bayern recently withdrew their latest offer of a new deal to Kimmich. The German is thought to be pushing for an increase on his current £320,000 per week wage packet.

According to Sky Germany, Arsenal are looking to take advantage of the situation and have already held talks with Kimmich over a move. He is said to interested in hearing what they have to say.

It is understood that has informed Bayern chiefs Max Eberl and Christoph Freund about the offers. Sporting director Eberl remains hopeful an agreement can still be reached with Kimmich over a renewal before the season comes to an end.

“Generally speaking, nobody is above the club,” he told German newspaper Bild. “If a player decides differently, then he decides differently. Things will continue at FC Bayern. We are not at that point with Kimmich.

“I’ve never given updates on negotiations, won’t be doing that now either because that’s inappropriate. We treat each other with big respect – we’re talking. What’s important is how Josh and we as a club treat each other.”

 

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