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Jim Ratcliffe Boosted in Man Utd Ownership Battle

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https://www.amazon.com/dp/B0CS3W61MH

Reports suggest that Sir Jim Ratcliffe has received a boost to his hopes of completing a takeover of Manchester United, with the battle for ownership of the club taking a twist. It was believed that Qatari billionaire Sheikh Jassim bin Hamad Al-Thani had submitted a world-record £5 billion bid to buy United, but now it is thought that his offer includes both debt and pledged investment of around £0.8 billion. This means that Ratcliffe’s bid is more attractive to the Glazers, who want £6 billion to sell the Red Devils. Unlike Sheikh Jassim, Ratcliffe’s bid would see the Glazers remain as minority shareholders, although they have not ruled out maintaining control of the club and bringing in new investment. The deadline did not apply to bidders who only want a minority stake in the club such as the Carlyle Group and Elliott Management. The Glazers have owned United since 2005 and most fans are desperate to see the back of them, with regular protests against their ownership and green and yellow scarfs becoming an anti-Glazer symbol.

https://www.amazon.com/dp/B0CS3W61MH
https://www.amazon.com/dp/B0CS3W61MH

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