Football

Man Utd takeover hopeful Jim Ratcliffe given ‘advice’ over bid as Glazers risk stalemate

Manchester United owners the Glazers and takeover hopeful Sir Jim Ratcliffe are reportedly some way apart in their valuation of the Red Devils. It remains to be seen whether the two parties will meet in the middle or if United’s unpopular American owners become part of a stalemate that will only frustrate fans further.
The Glazers are set to make a monstrous profit on the £790million they paid to acquire United in 2005. Fans have staged regular protests in recent years to vent their anger over what they see as poor club management at boardroom level.

Many were therefore relieved when it emerged last year that the Glazers were willing to welcome new investment. As yet, it is not 100 per cent certain whether that will translate into a full sale or a new party buying a minority stake, and when interviewed, Avram Glazer kept his cards close to his chest.

Ratcliffe, one of the wealthiest individuals in the UK and spearhead of petrochemicals giant Ineos, was a boyhood United fan and his firm have officially made their interest in purchasing the Red Devils public.

The post Man Utd takeover hopeful Jim Ratcliffe given ‘advice’ over bid as Glazers risk stalemate appeared first on zululegit.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button