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A new twist to the Manchester United takeover emerges



A new twist to the Manchester United takeover emerges

Manchester United takeover saga continues as British billionaire Jim Ratcliffe is reportedly contemplating a significant change to his bid for the 13-time Premier League champions.

Ratcliffe, alongside Sheikh Jassim, had emerged as the frontrunner to acquire the club after the Glazer family announced their intention to “explore strategic alternatives for the club” in November 2022.

However, progress has been sluggish on the takeover front, leaving United supporters increasingly frustrated.

According to sources including Sky News and Mike Keegan of the Daily Mail, Ratcliffe is now mulling over the idea of altering his offer to acquire a minority stake in Manchester United.

Instead of pursuing a full ownership takeover, Ratcliffe is said to be considering purchasing a 25 percent stake in the club, valued at approximately £1.5 billion.

This development is likely to disappoint many United fans who have been vocal in their desire for a complete sale to remove the Glazers from the club’s ownership.

However, Ratcliffe’s proposed investment could potentially bring about several benefits, including much-needed funds for improving facilities at Old Trafford and Carrington, as well as bolstering the club’s recruitment efforts.

It is believed that Ratcliffe’s potential proposal would involve acquiring an equal number of A and B shares. The A shares are publicly traded, while the B shares hold greater importance within the club’s ownership structure.

Meanwhile, Sheikh Jassim, Ratcliffe’s main rival for control of Manchester United, remains committed to his goal of a 100 percent purchase of the club.

Reports suggest that he has made multiple bids for the club and is actively pursuing his interest in acquiring United.