2.8 C
-5.1 C
Tuesday, November 28, 2023

Manchester United: Sir Jim Ratcliffe considering minority stake offer

- Advertisement -

Sir Jim Ratcliffe visited Manchester United’s Old Trafford stadium in MarchSir Jim Ratcliffe’s Ineos Group is considering whether to offer to buy a minority stake in Manchester United in an effort to break the impasse over the ownership situation.The Glazer family, who currently own the club, announced in November they were considering selling United as they “explore strategic alternatives”.That led to a flurry of interest but only two offers, from Ineos and Qatari Sheikh Jassim bin Hamad Al Thani.Both tabled bids of around £5bn.Sheikh Jassim’s camp have always maintained he was only interested in buying 100% of the club. However Ratcliffe said he wanted a majority stake.But after months of what has seemed like inaction on the Glazers’ part, British businessman Ratcliffe is now thinking about a different approach.Buying a minority stake may not go down well with United supporters, who have held demonstrations against the Glazer family inside and outside Old Trafford.Ratcliffe may regard this method as his best way of securing the ownership in the long term.The move would allow the Glazer family to retain a significant shareholding in United, although the precise details of any deal remain unclear.Latest Manchester United news, analysis and fan viewsGet Man Utd news notificationsListen to the latest The Devils’ Advocate podcastOur coverage of Manchester United is bigger and better than ever before – here’s everything you need to know to make sure you never miss a momentEverything United – go straight to all the best content

- Advertisement -

Related Articles


Latest Articles