Elliott Management enter the fray to buy Manchester United

The United sale process descended into farce on Wednesday when the INEOS and Qatar groups made clear they were submitting bids – with sources even insisting that was already the case – only for both to ask for extensions.

The second deadline was nevertheless always seen as “soft”, and there was never any realistic possibility of either major bidder being discounted. Numerous sources meanwhile maintain there has been some frustration with how the process has played out in public.

Source: Read Full Article