
Manchester United’s ownership continues to grab attention from various angles.
Developments away from Old Trafford have once again focused on the Glazer family.
Uncertainty about their long-term plans remains a hot topic, especially with their involvement in activities outside English football.
People are also curious about how their business interests might change soon.
Investment groups are looking at different opportunities, so expectations were high that the Glazers could expand their portfolio.
However, the latest twist suggests they may be heading in a different direction.
Avram Glazer’s Lancer Capital has reportedly dropped out of the race to buy Royal Challengers Bengaluru, even though it was initially shortlisted for the process.
According to journalist Venkat Ananth, who shared the news on X, Lancer Capital did not submit a binding bid, despite reaching the later stages of the takeover process.
This news is surprising, especially since earlier signs indicated that the Glazer-backed group was seriously considering the purchase.
Currently, the race for ownership of the IPL franchise has narrowed down to two main contenders. EQT and a consortium led by Ranjan Pai are now the frontrunners.
Lancer Capital was one of several parties interested in buying a stake in the high-profile cricket team, which has long been viewed as one of the most valuable teams in the league.
Their withdrawal raises new questions about the Glazers’ overall investment strategy, especially as scrutiny around their ownership of Manchester United remains high.
For United fans, any move involving the Glazers tends to spark discussion.
This latest decision adds to the ongoing conversation about their financial priorities.
While the reasons for the withdrawal are not fully clear, it marks a significant change in what once seemed like a competitive bidding process.
With only two contenders now in the running, the takeover battle for Royal Challengers Bengaluru appears to be entering its final stages, but without one of football’s most closely watched ownership groups.
RCB is now effectively a two-horse race between EQT and Ranjan Pai’s consortium.
In a very interesting (and surprising) development, Avram Glazer’s Lancer Capital, per at least three sources I’ve spoken to, did not submit a binding bid (even after making the shortlist).
— Venkat Ananth (@venkatananth) March 17, 2026
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