• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
BREAKING: Sir Jim Ratcliffe facing competition for Manchester United stake, it's not over

Home> Football> Football News> Man Utd

Updated 09:59 19 Oct 2023 GMT+1Published 09:42 19 Oct 2023 GMT+1

BREAKING: Sir Jim Ratcliffe facing competition for Manchester United stake, it's not over

He has issued an update.

Chris Byfield

Chris Byfield

A Sky Sports journalist explained the latest on Sir Jim Ratcliffe's attempts to buy a 25 per cent stake in Manchester United.

United will hold a board meeting on Thursday, which could have implications on the club's future ownership.

With Qatari banker Sheikh Jassim having pulled of the race to buy United last week, the way is now clear for Sir Jim Ratcliffe's Ineos Group to secure a 25 per cent stake in the club.

Advert

Though it is not yet clear where the 25 per cent is coming from and how Ratcliffe will be represented given his £1.3billion investment, the move would be the most significant change in the club's ownership structure since the Glazers took control in 2005.

However, the matter may not be voted on this week.

Sky Sports' Kaveh Solhekol said that it is unlikely Ratcliffe's 25 per cent investment will be announced upon the close of United's board meeting.

Moreover, Solhekol claimed that while Ratcliffe was the favourite to buy a stake in United, other parties are still interested in investing in the Old Trafford club.

The journalist told the outlet: "I would be surprised if there's any announcement [on Thursday] about Jim Ratcliffe buying a 25 per cent of Manchester United.

Advert

"Having said that what we do know is that this strategic review started in November last year and has been going on since then.

"We know that Sheikh Jassim of Qatar wanted to buy 100 per cent of Manchester United.

"Over the weekend he dropped out. He's withdrawn his offer and that means that Jim Ratcliffe is now the favourite to buy a stake in Manchester United.

"I think there's other people who want to buy Manchester United stakes as well, but he is the one that I think the Glazer family are ready to do a deal with.

Advert

"It's just that I don't expect the deal to be announced on Thursday."

SPORTbible are on WhatsApp! We've launched a dedicated news channel to send you the latest news, features and plenty more directly on WhatsApp and all you need to do to sign up is click through to our one-way broadcast channel here for 'SPORTbible News' to appear in the 'Updates' tab on your WhatsApp.

Featured Image Credit: Getty/Sky Sports

Topics: Football, Manchester United, Premier League, Sky Sports

Chris Byfield
Chris Byfield

Sport journalist with experience writing on football, rugby, boxing and the Olympics. I'm also a Crystal Palace fan. Please don't hold this against me.

Advert

Advert

Advert

Choose your content:

an hour ago
3 hours ago
10 hours ago
  • an hour ago

    Second Real Madrid player leaves the club immediately after PSG defeat with huge deal in the works

    Real Madrid were battered by Paris Saint Germain in the FIFA Club World Cup.

    Football
  • 3 hours ago

    Sir Alex Ferguson left 'furious' by 'careless' piece of commentary by Martin Tyler as full story revealed

    Martin Tyler angered Sir Alex Ferguson with his comment on commentary and apologised to the Manchester United legend.

    Football
  • 10 hours ago

    Thibaut Courtois calls out his own Real Madrid teammates as he makes outrageous claim after PSG defeat

    Real Madrid were eliminated from the Club World Cup following their crushing defeat to Paris Saint-Germain.

    Football
  • 10 hours ago

    Real Madrid fans turn on two players after embarrassing defeat to PSG in FIFA Club World Cup

    Los Blancos were hammered 4-0 by the Champions League winners.

    Football
  • Sheikh Jassim 'could launch takeover bid for Tottenham' after meeting between Daniel Levy and Qataris
  • Sir Jim Ratcliffe 'agrees to buy 25 per cent stake' in Man United after Sheikh Jassim withdrawal
  • There are 12 people who will decide whether Sir Jim Ratcliffe can complete Manchester United takeover
  • Sir Jim Ratcliffe has already made decision on Erik ten Hag's future at Manchester United