Football

Sir Jim Ratcliffe’s approach to Chelsea takeover speaks volumes about Man Utd intentions

Sir Jim Ratcliffe is determined to complete a takeover of Manchester United appears to be taking a completely different approach to his unsuccessful attempt to buy Chelsea.

The INEOS chairman became the first party to publicly announce his intention to table a bid to the Glazer family following their announcement that they could entertain a sale of the Red Devils. The club’s owners confirmed in November that they were “commencing a process to explore strategic alternatives for the club”.

Any takeover remains some way off, although cogs are beginning to move. Away from Ratcliffe’s intention, there is reportedly interest from Asia, the Middle East and America in a potential deal. The Glazer family have slapped a price tag in excess of £5billion on the Red Devils.

Ratcliffe’s move is significant and represents a huge difference from his previous attempts to buy a Premier League club. He was linked with a move for Chelsea before Todd Boehly wrested control of the Blues last year.

Ratcliffe, 70, was unsuccessful partly because he was the last of numerous bidders to arrive at the negotiating table for a Chelsea takeover. Revealing the reasons why his bid was so delayed, Ratcliffe said: “I think that is quite simple – it is a big decision to buy a national asset and it’s a big commitment in terms of time and money.

The post Sir Jim Ratcliffe’s approach to Chelsea takeover speaks volumes about Man Utd intentions appeared first on zululegit.

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