That full sale is the most likely outcome but the bids received so far are too low and the Glazers won’t accept them. He believes they are 700m short with room for negotiation.
Says Qatar could change the dynamics by maintaining the same bid but just taking the 69% controlling shares rather than demanding 100%. This would give the Glazers what they want, and full control, however Qatar want 100% as they want to take the club private.
The current reports about them being attached to the club and wanting to stay are briefs to portray they are under no pressure as they want to drive up the price. Same for the last minute cup final appearance. It’s all for show.
Minority investment doesn’t work in any format as it would require the Glazers to put large amounts of money back into the club which he can’t see them doing as they never have done in the past.
He states there’s an experienced US group monitoring and are considering making a bid, even though they missed the soft deadline.