EPL

Former Man Utd director Knighton in talks with 'three billionaires' ahead of potential takeover bid

By Sports Desk August 16, 2022

Former Manchester United director Michael Knighton says he is in talks with several billionaires ahead of launching a potential takeover bid at Old Trafford.

The 70-year-old revealed he has put together a consortium interested in buying the club, although he would operate in a consultancy role should a successful deal by struck.

The club's current owners – the Glazer family – have come under increased scrutiny following the Red Devils' poor start to the Premier League season.

Supporters have staged several protests against the Americans, who Knighton believes have turned Old Trafford from a "theatre of a dreams to a theatre of nightmares"

And the former director, who had a bid to buy the club accepted in 1989 – although it never came to fruition – explained that he has had conversation with three potential partners to put forward a deal.

"They are small-time billionaires that I have been speaking to for three to four months now," Knighton told ITV News.

"When I was approached by some fan groups, oddly enough, saying 'look, our club is dying on its feet, would you please do something?'

"I made a few phone calls, and I've been pulling this consortium together ever since.

"The point is: someone had to make a stand."

Knighton also revealed he has approached British billionaire Sir Jim Ratcliffe, who recently tried to purchase fellow Premier League side Chelsea, to buy the club.

He said: "If we can smoke the great Sir Jim out to buy Manchester United, my consortium will be punching the air because we've achieved what we want to do.

"We will make the bid with our own consortium but, I'll tell you this, we do not have the resources available to do everything that is needed."

Related items

  • Bruno Fernandes hints at Manchester United departure Bruno Fernandes hints at Manchester United departure

    Bruno Fernandes hinted he may leave Manchester United in the close season, but insisted he will not consider his future until after the European Championship.

    The United skipper has been one of the Red Devils' standout performers during a tricky campaign for Erik ten Hag's side, who are sixth in the Premier League and six points behind fifth-place Tottenham with three games remaining.

    Fernandes has chipped in with 26 direct goal involvements (15 goals, 11 assists) - the most by any United player - and became the first player to create over 100 chances in the Premier League this term during Saturday's 1-1 draw with Burnley.

    The club are reportedly prepared to sell most of their top players in the close season under the new Jim Ratcliffe regime, though the Portugal international is still under contract at Old Trafford until June 2026.

    With the European Championship and an FA Cup final against Manchester City on the horizon, the 29-year-old says that remains his top priority and he will focus on his future further down the line.

    "I'm not thinking about other things at the moment. Obviously, it doesn't just depend on me, does it?" he told DAZN Portugal.

    "A player always has to want to be here, but at the same time, you have to want him to stay. At the moment, I feel there's that on both sides.

    "I'm not thinking too much about the future, not least because this season hasn't been at the level I’d hoped for - either individually or collectively - so far.

    "If I have to think about not continuing in the Premier League, it won't be until after the Euros. Nothing will be able to take my focus away from the FA Cup final and the Euros, as there's nothing more important than that at the moment."

  • Manchester United clearout continues as two more senior boardroom figures depart Manchester United clearout continues as two more senior boardroom figures depart

    Manchester United have continued their clearout under Jim Ratcliffe by confirming the departures of Patrick Stewart and Cliff Baty.

    Interim chief executive Stewart and chief financial officer Baty will depart Old Trafford at the end of the current campaign.

    Stewart, who replaced Richard Arnold in the position at the start of the year, will be temporarily replaced by Jean-Claude Blanc until Omar Berrada arrives in July, while Roger Bell will take over from Baty.

    The news was confirmed by United on their official website on Tuesday.

    INEOS Sport chief Blanc is well known to Ratcliffe, who recently bought a 27.7-per-cent stake in United and is in control of footballing affairs.

    Bell also has ties to INEOS and will now take up the same CFO role at Old Trafford.

    Ratcliffe said: "I would like to personally thank both Patrick and Cliff for their support in helping us get to know the club and making us feel welcome and I respect their decisions to now move on as we establish a new management team for the club."

    Executive co-chairman Joel Glazer said: "I would like to thank Patrick and Cliff for their dedicated service to Manchester United and wish them well for the future. 

    "Both have been a source of invaluable advice and expertise over many years, and Patrick has served an important role as interim CEO during this transitional phase."

    Since Ratcliffe purchased a minority stake in United, the club have made a number of other changes behind the scenes.

    John Murtough stepped down as football director after more than a decade at the club, with Dan Ashworth lined up to replace him, while Jason Wilcox has been appointed as technical director.

    United are sixth in the Premier League with four games remaining, raising questions over the future of manager Erik ten Hag under the new regime.

  • Al Ittihad 1-2 Al Hilal: Holders into King's Cup final Al Ittihad 1-2 Al Hilal: Holders into King's Cup final

    Al Hilal overcame Sergej Milinkovic-Savic's red card as Saud Abdulhamid's late goal sealed a 2-1 victory over Al Ittihad in the King's Cup semi-finals.

    Without Karim Benzema, Al Ittihad ultimately lacked the firepower to make their numerical advantage count in Tuesday's clash.

    Former Lazio midfielder, who joined Al Hilal as part of their spending spree last year, received a straight red card in the 42nd minute.

    Al Ittihad's Abderrazzaq Hamed-Allah cancelled out Micheal's opener, but Abdulhamid popped up with the winner in the 81st minute.

    Al Hilal are 10-time King's Cup winners, having won their 10th title last season.

    The Saudi Pro League leaders, who are still without the injured Neymar, will now face either Al Khaleej or Cristiano Ronaldo's Al Nassr in the final at the end of May.

    Data Debrief: Malcom in the middle

    Al Hilal might be missing their star Brazilian Neymar, but his compatriot Malcom is delivering when it comes to playmaking.

    The former Zenit attacker set up both of Al Hilal's goals, creating three chances in total and registering a pass accuracy of 92.6 per cent, better than any of his team-mates.

© 2023 SportsMaxTV All Rights Reserved.