Manchester United takeover latest as Glazers 'to hand' Erik ten Hag increased £170m transfer fund

Fans of Manchester United are still waiting to learn a concrete outcome of the club's takeover saga and which way it will go.
The Glazer family announced last November the intention to seek 'strategic alternatives' in terms of the ownership of United. That was nearly eight months ago now.

Since then, two concrete bidders have emerged with a solid interest in purchasing the Old Trafford club from the American owners, who have owned United since 2005. Both approaches are very different in their nature and what they propose.

Qatari billionaire, Sheikh Jassim bin Hamad Al Thani, has lodged a bid which would see him buy 100 per cent of the club and the Glazers depart, clearing United's debt in the process. Meanwhile, INEOS chief Sir Jim Ratcliffe has put a 60 per cent offer on the table, which keeps the door open for the Americans to remain at United, albeit no longer in overall control of the club.

Glazers ready to hand over £170m despite takeover uncertainty

The Glazers are willing to hand Erik ten Hag a £170m transfer budget this summer despite continued uncertainty regarding the takeover, according to the Mirror.

United have already spent an initial £55m on Mason Mount, but Ten Hag remains keen to bring a first-choice goalkeeper and a world-class No.9 to Old Trafford. Inter Milan's Andre Onana could fill the bill with the former.

Erik ten Hag's budget was thought to be around £100-120m, although this most recent report suggests there could be more funds available, regardless of who owns the club. If so, it would be a boost to the United boss and his efforts to bring in reinforcements prior to the new campaign.

Why the Glazers might keep hold of United

The Glazer family could keep hold of United owing to the upcoming changes to two football competitions which will have increased finances, a report from The Athletic has suggested.

A new format for the Champions League comes into play next year and will see the Premier League given an extra place. It will mean more games and money thanks to an expansion.

At the conclusion of that campaign too will see a new version of the FIFA Club World Cup take place. It will have 12 slots for European teams, up from the current number of only seven sides, and take place in the United States.

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