The Independent reports:
‘Malcolm Glazer, the would-be owner of Manchester United, is amending his business plan for the club in the hope that the board will change its mind and provide a formal recommendation of his offer to shareholders.
‘The 76-year-old American's advisers yesterday started scrutinising United's books before a formal bid for the club, likely to come late next week. Due diligence is expected to take between 10 and 14 days and a bid is likely to follow swiftly.
‘Insiders say that Glazer is acutely aware that the board does not want to make any decision that leaves it open to accusations from fans that they have ignored supporters' interests. Instead, according to a source, he intends to provide "sufficient comfort" to the board that it can recommend a bid believing it to be for the good of the club.
‘Advisers close to the American, whose sons Joel and Avi have taken control of the proposed buy-out on a day-to-day basis, are privately dismayed at Glazer's lack of communication with fans about his plans.’
And how can we trust anything he says? Ask the rate payers in Tampa about his promises to build a new stadium to find out exactly what this man’s guarantees are worth.