Manchester United Takeover: Sir Jim Ratcliffe Set to Pay Between £1.3-£1.5 Billion for Acquiring 25% Stake
Sir Jim Ratcliffe put out another proposal to purchase about 25% of the team after being denied the full 67% share. It is said that the agreement has to be approved by this week's Manchester United board meeting.
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
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