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Michael Knighton is preparing a fresh takeover bid for Man Utd according to “good finance”

Michael Knighton has confirmed he is preparing a takeover bid to buy Man Utd from the Glazer family.

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The Promised Land, a 90-minute Manchester United podcast hosted by Scott Saunders and Rob Blanchette, is available now. In the most recent episode, they talk about the Brighton defeat, Erik ten Hag’s disastrous debut, Adrien Rabiot, Marko Arnautovic, and Sergei Milinkovic-Savic.

The 70-year-old also seemed to imply that the best case scenario would really be a separate buyout offer from Sir Jim Ratcliffe’s INEOS business, which in May failed with a last-minute attempt to purchase Chelsea after missing the initial deadline for proposals. But Knighton will continue to make his bid.

In the meantime, he promised, “my consortium would be submitting their proposal very soon.” “We’re still waiting for the great Sir Jim Ratcliffe to come forward because he solves all our problems and makes my position unnecessary,” he remarked.

Ratcliffe was raised a Manchester United supporter while being known to hold a season ticket for Chelsea. With a personal fortune estimated to be worth over £6.075 billion this year and ranking 27th on The Times’ most recent annual rich list, he is well-known as one of Britain’s wealthiest individuals.

Knighton began his career as a teacher, but in the 1980s, he found financial success in real estate. At the end of the decade, his £20 million offer to purchase United was accepted, and as a PR stunt, he even made an appearance on the Old Trafford field before a game to perform ball juggling.

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However, Knighton’s partners withdrew after a £10 million contract had been signed to purchase Edwards’ majority stake, forcing him to abort his takeover and choose for a seat on the board instead.

From 1992 to 2002, Knighton owned the lower league team Carlisle, and from 1997 to 1998, he served as the team’s manager for a stretch of 68 games.

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