Man Utd expecting record annual revenue despite takeover saga

Manchester United have projected record annual revenue of up to £640 million in the current financial year as the takeover saga surrounding the club rumbles on.

United's owners, the Glazer family, are weighing up offers for the club from Qatari banker Sheikh Jassim and Sir Jim Ratcliffe, the founder of chemicals firm Ineos.

The Glazers first indicated they could sell by initiating a strategic review last November, but the bidding process has dragged on.

Reports have suggested Sheikh Jassim's offer - which is for 100 per cent of the club - is now the most likely to be accepted.

Sources close to the Qatari bid have indicated their eagerness to close the deal, with the summer transfer window now open.

Supporters staged fresh protests against the Glazers at Old Trafford on Tuesday as the club launched the kit for next season.

Revenue guidance for the current financial year was raised to a record £630m to £640m in the third quarter financial results for the period ending March 31, 2023, which were released on Tuesday.

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