Later, Sir Jim Ratcliffe acquired a significant share of the club, which now stands at 27%. This move has had a significant impact on the team, with over 450 staff members being let go. The team also suffered its worst finish in the Premier League era last season.
Although the initial bid did not succeed, Sheikh Jassim remains interested in buying Manchester United. The Glazers are now open to selling the club, as part of an agreement with Sir Jim Ratcliffe. However, any potential deal is unlikely to happen quickly.