Manchester United holds talks about takeover
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| Photo: Sir Jim Ratcliffe. Credit: talkSPORT |
The Mirror reports that Sir Jim Ratcliffe is leading the way in the takeover hunt for Manchester United.
The paper says: ”Manchester United owners the Glazer family are set to hold a board meeting within 'days' to discuss fresh proposals from Sir Jim Ratcliffe, it has been claimed.
“British billionaire Ratcliffe and rival bidder Sheikh Jassim bin Hamad al Thani have both submitted multiple bids since the Glazers announced in November 2022 that they were potentially open to selling the club. The latest approach from the former, which would see him initially take a minority stake of 25 percent, is understood to have 'given him the edge ' over his rival.
“Earlier interest from Ratcliffe had seen him make efforts to buy the Glazers' 69 percent holding. The current owners have been in place since 2005, and during the process there have been reports that Joel and Avram Glazer - the two most prominent family members when it comes to the running of United - were not on the same page as their siblings when it came to a sale.”
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