Man Utd takeover: Glazer board meeting in ‘days’ as Ratcliffe ‘edges’ out Sheikh Jassim

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Man Utd takeover: Glazer board meeting in ‘days’ as Ratcliffe ‘edges’ out Sheikh Jassim
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NCTJ accredited journalist working as a football news and feature writer for Football365.

Sir Jim Ratcliffe reportedly has ‘the edge’ over Sheikh Jassim in the race to acquire Manchester United form the Glazer family.That announcement confirmed that “a full sale” was a possibility and Sheikh Jassim has reportedly offered £5bn for a 100 per cent sale, pledging heavy investment in the club should his bid come to fruition.

Ratcliffe meanwhile initially wanted the Glazers’ 67 per cent stake but is said to have revised that bid, offering £1.5bn for 25 per cent that would allow the current owners to retain control before a likely phased takeover.claim Ratcliffe’s offer has ‘given him the edge’ over Sheikh Jassim, with the Glazers said to prefer his proposal to a full takeover.

A board meeting, expected to take place in ‘the coming days’, looks set to involve in depth discussions over Ratcliffe’s latest bid. It is though claimed there is ‘no certainty’ the Glazers will agree – no surprise there – and there also remains hope among the American owners that Sheikh Jassim will increase his bid.“Obviously I have a long-standing relationship with Qatar because of my involvement with PSG,” Beckham said.

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