US financial investment giants Carlyle ‘are in talks over a major investment into Man United’ as the Glazer’s third-round deadline for takeover offers nears… with private equity firm interested in acquiring a ‘minority stake’ at Old Trafford
- The American private equity firm are among the bidders to have tabled offers
- The Glazer’s recently invited prospective buyers to a third round of bidding
American financial investment giants Carlyle are in talks over a ‘major investment’ into Manchester United, according to reports.
It was reported earlier in the week that a third and final round of bidding for United is set to take place, with best offers to land before the end of the month.
And it now seems that private equity firm, who have assets worth £298billion, are among one of the leading candidates to land a ‘minority stake’ into the Red Devils.
According to Sky News, the Nasdaq-listed investment giant have had talks over an investment at Old Trafford as the Glazer’s deadline of offers nears.
The same outlet claim that Carlyle’s interest in United is ‘serious’ and that the company have been in discussions with club officials for some time.
American financial investment giants, Carlyle, are in talks to acquire a ‘minority stake’ into Premier League side Manchester United
Details over Carlyle’s offer are yet to be fully determined but it’s reports claim that they are interested in a ‘minority stake’ as opposed to a complete takeover.
The news comes after confirmation that a third and final round of bidding for United is set to take place, as the Glazers hold out for an offer the meets their valuation.
In the latest twist to the long-running saga, those still in the battle – who also include Qatar-based Sheikh Jassim bin Hamad al-Thani and British billionaire Sir Jim Ratcliffe – have been told that there are now two deadlines.
The first, which is in the middle of next week, is related to due diligence. The second – April 28 – is for final bids to drop.
More to follow…
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