Manchester United Takeover: Sir Jim Ratcliffe Set to Pay Between £1.3-£1.5 Billion for Acquiring 25% Stake

Sir Jim Ratcliffe is set to pay between £1.3-£1.5 billion for 25 per cent of Manchester United after Qatari businessman Sheikh Jassim bin Hamad al Thani withdrew from the bidding process. The proposal to buy 25% of the club is intended to give Ratcliffe and his company INEOS control over Manchester United's football operations. This might be the start of a phased takeover. Originally, Sir Jim Ratcliffe sought to purchase the entire 67% stake held by the Glazers. Spain's Women's World Cup-winning Coach Jorge Vilda Takes Over Morocco's Women's Team

Sir Jim Ratcliffe Set to Pay Between £1.3-£1.5 Billion

Sir Jim Ratcliffe is close to acquiring a 25% stake in Man United, sources have told ESPN.

Ratcliffe is willing to pay between £1.3 billion and £1.5bn, which would see his INEOS team have "sporting influence" at Old Trafford.

The Glazers would retain a majority stake. pic.twitter.com/c5KU4WwSWE

— ESPN FC (@ESPNFC) October 15, 2023

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