{"id":292098,"date":"2023-10-02T21:45:54","date_gmt":"2023-10-02T21:45:54","guid":{"rendered":"https:\/\/sportslifetale.com\/?p=292098"},"modified":"2023-10-02T21:45:54","modified_gmt":"2023-10-02T21:45:54","slug":"sir-jim-ratcliffe-reportedly-considering-minority-stake-bid-for-manchester-united","status":"publish","type":"post","link":"https:\/\/sportslifetale.com\/soccer\/sir-jim-ratcliffe-reportedly-considering-minority-stake-bid-for-manchester-united\/","title":{"rendered":"Sir Jim Ratcliffe reportedly considering minority stake bid for Manchester United"},"content":{"rendered":"

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Sir Jim Ratcliffe is considering changing his bid and buying a minority stake in Manchester United, according to reports.<\/p>\n

Ineos founder Ratcliffe, who had attempted to buy Chelsea last year, joined the race to purchase United in January and had been the sole bidder before Sheikh Jassim entered the running a month later.<\/p>\n

A lengthy takeover saga has followed with numerous bids entered by both boyhood fan Ratcliffe and Sheikh Jassim, but no progress has been made over any potential change of ownership from the Glazer family, who announced in November they were open to selling the club.<\/p>\n

Manchester United\u2019s valuation on the New York Stock Exchange plummeted by more than \u00a3500million last month in the wake of reports the Glazers may not sell.<\/p>\n

It is now being reported that Ratcliffe, the second-richest person in the UK according to the Sunday Times Rich List, could decide to buy a minority stake in the Premier League giants.<\/p>\n

Recommended<\/h3>\n


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Sky News report Ratcliffe may seek a stake in the region of 25 per cent as part of a proposal to try to bring the drawn-out sale process to an end, having initially wanted to complete a majority takeover.<\/p>\n

If the Glazers accepted this new reported offer, it would see the American family still retain majority control of the club they first bought in 2005.<\/p>\n

United fans have protested against the Glazers for years and thousands took part in an hour-long sit-in at Old Trafford after a 3-2 win over Nottingham Forest in August.<\/p>\n

It has been 18 years since the Americans\u2019 controversial leveraged takeover and over 10 months since they announced a strategic review.<\/p>\n

Ratcliffe\u2019s team declined to comment when contacted by the PA news agency.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sign up to Miguel Delaney\u2019s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel\u2019s Delaney\u2019s free weekly newsletter Thanks for signing up to the Football email Sir Jim Ratcliffe is considering changing his bid and buying a minority stake in Manchester United, according to reports. Ineos founder Ratcliffe, who […]<\/p>\n","protected":false},"author":2,"featured_media":292097,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"\nSir Jim Ratcliffe reportedly considering minority stake bid for Manchester United - Sports Life Tale<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportslifetale.com\/soccer\/sir-jim-ratcliffe-reportedly-considering-minority-stake-bid-for-manchester-united\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sir Jim Ratcliffe reportedly considering minority stake bid for Manchester United - Sports Life Tale\" \/>\n<meta property=\"og:description\" content=\"Sign up to Miguel Delaney\u2019s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel\u2019s Delaney\u2019s free weekly newsletter Thanks for signing up to the Football email Sir Jim Ratcliffe is considering changing his bid and buying a minority stake in Manchester United, according to reports. 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