The decision could pave the way for British billionaire Jim Ratcliffe to gain control of the football club.
Delays marred the almost year-long bidding process, as proposals fell short of the Glazer family’s £6 billion target.
The near-yearlong bidding process has been beset with delays, with offers failing to meet the £6 billion expectation of the Glazer family, splits among the owners about whether to sell and at what price, and fears of litigation from minority shareholders. Such a valuation would give Manchester United a potential share price close to double the US$20-a-share the club is currently valued at.
Much of the reaction from fans following the exit of Qatar from the current bidding process has been negative.
Italia Ultime Notizie, Italia Notizie
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