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Unread 15-10-2023, 03:40 PM
fred tissue
 
Default Manchester United board set to vote on Sir Jim Ratcliffe’s bid for 25% share

  • Sources close to the Ineos owner are confident of club’s approval
  • Sheikh Jassim has withdrawn his 100% offer for the club
Manchester United’s board is expected to vote on Sir Jim Ratcliffe’s bid to buy a 25% share in the club for circa £1.3bn in the coming days, with sources close to the Ineos owner confident his offer will be accepted.

Ratcliffe’s offer values the whole club at £6.2bn, while United is valued at around $3.2bn (£2.63m). It is thought that Sir Jim, who is one of Britain’s richest people, may have offered a premium price for his potential holding in exchange to gain sporting control of the club. If so, this would throw the future of the team and United’s football operations into doubt. Erik ten Hag is the manager and John Murtough, the football director.

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