Paul Scholes has warned that Sir Jim Ratcliffe has a lot to do at Manchester United - identifying the stadium, the training ground and the playing squad as areas of the club in need of improvement.
05.10.2023 - 21:41 / manchestereveningnews.co.uk
Manchester United’s share price bounced back slightly amid this week’s news that Sir Jim Ratcliffe could pivot into acquiring a small stake in the club.
Investors have seemingly deemed that as a better option than the Glazers staying with a 69 per cent majority, although the scenario would still see the owners in situ with the most influence. It’s now been more than 10 months since the club was put up for sale.
The Manchester Evening News understands that Sheikh Jassim bin Hamad Al-Thani’s bid remains at the takeover table despite Avram and Joel’s reluctance to sell. The Qatari banker is yet to receive a response since submitting his latest bid of £5billion.
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MEN Sports understands that Ratcliffe’s minority bid would be worth around £1.5bn. Unlike Sheikh Al-Thani, who wishes to buy 100 per cent of the club, Ratcliffe was only interested in acquiring a majority buy-out. Here are the latest reports regarding his bid.
The INEOS billionaire has said it would be “excruciating” to walk away from purchase talks regarding United empty-handed. His company already owns OGC Nice and Swiss side FC Lausanne-Sport.
The British businessman, who previously bid for Chelsea last year, is mulling over whether to attach clauses that would see him eventually become majority owner of United should he submit a small-share proposal.
That’s according to The Telegraph, which says that is just one of multiple options being considered by Ratcliffe. It adds that Ratcliffe has assured the Glazers he can overcome the financial hurdles to land a successful takeover.
The report says the Glazers are willing to
Paul Scholes has warned that Sir Jim Ratcliffe has a lot to do at Manchester United - identifying the stadium, the training ground and the playing squad as areas of the club in need of improvement.
Manchester United fans continue to await news on Sir Jim Ratcliffe's investment in the club but the INEOS founder remains primed to join the boardroom.
Rory McIlroy would consider the possibility of investing in Manchester United. Sir Jim Ratcliffe looks set to buy an initial 25 per cent stake in the club and could be joined by the four-time major-winning golfer.
Manchester United would reportedly have to shell out £60million for Crystal Palace defender Marc Guehi.
Manchester United have announced the date and time their fourth quarter and full year fiscal 2023 period results will be released to shareholders and the public.
There is a glimmer of hope for a bright future at Manchester United, and not just because the takeover saga looks to finally be coming to an end.
If and when Sir Jim Ratcliffe throws open the door at Old Trafford he’ll have high hopes of succeeding where others have failed over the past decade.
Manchester United hero Andy Cole questions how much of an impact Sir Jim Ratcliffe will have in the boardroom, should his proposed 25 per cent investment at Old Trafford get the green light.
It might not be the takeover that every Manchester United supporter wanted, but there is hope that Sir Jim Ratcliffe's involvement with the club can be a step in the right direction.
Manchester United supporters will be hoping for further news on the takeover in the coming days after a tumultuous weekend.
It was quite the weekend for Manchester United regarding the takeover process, something that is close to edging into its 11th month.
Manchester United players can expect an owner who is 'present' should Sir Jim Ratcliffe complete plans to acquire 25 per cent of the Old Trafford club.
Eleven years ago on Wall Street, Joel Glazer rang the bell when Manchester United were listed on the Stock Exchange. It is for Sheikh Jassim Bin Hamad Al Thani whom the bell has tolled.
Manchester United supporter group The 1958 have vowed to continue to protest against the Glazers for as long they own shares at Old Trafford following news of Sir Jim Ratcliffe's desire to buy a minority stake at the club.
As expected, the news agenda surrounding Old Trafford focuses on the partial takeover expected to be green-lighted this week. Sir Jim Ratcliffe appears to have beaten Sheikh Jassim in the race for Manchester United.
Manchester United supporters endured a busy weekend despite being out of Premier League action.
After nine months of negotiations, Sir Jim Ratcliffe is on the brink of becoming a minority shareholder at Manchester United.
Rio Ferdinand’s takeover prophecy was proven wrong as soon as Sheikh Jassim pulled out of the race to buy Manchester United.
Sir Jim Ratcliffe looks set to bring with him a wealth of world-class sporting experience should he complete a deal to take a 25 per cent stake in Manchester United. The deal is reportedly set to go before the United board this week after Sheikh Jassim's bid for a full takeover of the club was withdrawn on Saturday.
Fans' group the Manchester United Supporters’ Trust has called for clarity amid the club’s takeover saga and issued 11 questions to owners the Glazer family, including what changes to the club would happen as a result of a new minority shareholder.