Manchester United: Sir Jim Ratcliffe's bid values club higher than Sheikh Jassim offer

1 year ago 40

Sir Jim Ratcliffe's Ineos Group whitethorn person taken a important measurement towards taking power of Manchester United aft it emerged its bid enactment a higher worth connected the nine than Sheikh Jassim's.

Sources with cognition of the bidding process person told BBC Sport that the Ineos connection received earlier 22:00 BST connected Friday was the highest, comparative to the involvement they mean to take.

Qatar banker Sheikh Jassim wants to bargain 100% of the nine and has offered astir £5bn, but British businessman Ratcliffe lone wants a controlling stake.

This was initially viewed arsenic the Glazer family's 69% involvement but implicit the past week, it has been suggested Ratcliffe whitethorn trim that fig to let co-chairmen Joel and Avram Glazer to clasp immoderate link, though Ratcliffe's ownership would not beryllium little than 51%.

It is not antithetic for bidders trying to unafraid a smaller involvement to wage a higher percent fig than a purchaser looking to bargain the full thing.

It is understood the concern funds which person offered to bargain a number involvement were not fixed the aforesaid deadline arsenic those looking to bargain the club.

The Glazer household indispensable present determine however they privation to proceed, with the '1958' instrumentality radical pushing their planned objection astir United's Premier League crippled with Aston Villa with a 'Full Sale Only' message.

LISTEN: How to bargain a shot club

Ratcliffe and Sheikh Jassim are the 2 main parties looking to instrumentality power of the club.

Club owners, the Glazer family, are assessing their position, with Sheikh Jassim's connection including 1 fig that would spell nonstop to the sellers.

It besides includes a program to marque a important magnitude of further superior and infrastructure concern into the club.

The Glazers announced successful November the committee had "authorised a thorough valuation of strategical alternatives", including selling the club.

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