sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • LADbible
  • Tyla
  • FOODbible
  • UNILAD Tech
Jim Ratcliffe considering making dramatic change to Man United takeover bid
Home>Football
Updated 23:19 2 Oct 2023 GMT+1Published 21:44 2 Oct 2023 GMT+1

Jim Ratcliffe considering making dramatic change to Man United takeover bid

The Glazer family put Manchester United up for sale 10 months ago but there hasn't been much movement

Josh Lawless

Josh Lawless

google discoverFollow us on Google Discover

Jim Ratcliffe is reportedly considering making a drastic change to his Manchester United takeover bid.

Ratcliffe and Sheikh Jassim quickly emerged as frontrunners in the race to acquire the 13-time Premier League winners when the Glazer family announced they would "explore strategic alternatives for the club".

That was in November 2022 and there has been minimal movement on the takeover front, much to the frustration of United supporters.

And according to Sky News and Mike Keegan of the Daily Mail, British billionaire Ratcliffe is contemplating altering his offer to a minority stake instead.

Advert

With the process dragging on, it's said that one option the Nice owner is exploring is to buy 25 per cent of shares in United worth around £1.5 billion.

Many United fans have been vocal about wanting a "full sale" in order to remove the Glazers completely and so the update will likely not sit well with them.

However, the funds could prove beneficial in terms of improving the facilities at Old Trafford and Carrington and going towards recruitment.

Image: Getty
Image: Getty

A spokesperson for Ratcliffe, who also owns Nice and chemicals company INEOS, declined to comment to the newspaper.

It's believed Ratcliffe's potential proposal would see him receive an equal amount of A and B shares.

The A shares are publicly traded, with the B shares deemed to be more important.

Sheikh Jassim, Ratcliffe's main rival for United, is believed to have made multiple bids for United and wants to make a 100 per cent purchase.

Image: Getty
Image: Getty

£6 billion is the valuation from the Glazers, who paid £800 million for United 18 years ago.

Jassim, the third son of former Qatari prime minister Sheikh Hamad bin Jassim bin Jaber al-Thani, is still very much interested in buying United, according to reports.

Featured Image Credit: Getty

Topics: Manchester United, Erik Ten Hag

Josh Lawless
Josh Lawless

Josh is a sports journalist who specialises in football and WWE. He has been published by Curzon Ashton FC, Late Tackle, Manchester City FC, The Mirror, Read Man City and Manchester Evening News. He provides coverage of professional wrestling and has covered two WrestleMania events for SPORTbible.

X

@joshlawless_

Recommended reads

F1 and F3 trainer reveals gruelling physical and mental work drivers must do for each race ahead of British GPGettyDavid Croft proposes new Olympic sport with drivers from 'around the world' ahead of British GPGetty'Mo Salah owes me money!' - Micah Richards makes claim about Egypt icon 11 years on from gesture GettyThierry Henry on his ‘big brother’ France teammate, biggest influence and the discipline that defines himGetty Images

Advert

Choose your content:

9 hours ago
10 hours ago
13 hours ago
14 hours ago
  • Getty Images
    9 hours ago

    Kylian Mbappé praised for rare act moments before France vs Paraguay

    Mbappé led the line for France during their Round of 16 clash against Paraguay.

    Football
  • Getty Images
    10 hours ago

    England's World Cup clash with Mexico at risk as concerning update emerges

    England take on Mexico in Mexico City for a place in the World Cup quarter-finals on Monday (July 6).

    Football
  • Getty Images
    13 hours ago

    Man City hijack Arsenal transfer as Enzo Maresca closes in on next signing

    Maresca could soon welcome a highly rated winger to the club despite interest from Arsenal.

    Football
  • Getty Images
    14 hours ago

    FIFA investigation into Mexico ordered as England prepare for carbon copy situation before World Cup clash

    Mexico have only lost two of their 89 competitive matches at the Azteca.

    Football
  • Man Utd takeover: Sheikh Jassim 'could submit new bid' as journalist drops sale update
  • Sir Jim Ratcliffe aims ‘failure’ dig at Glazers as 'date set' for Sheikh Jassim's Man Utd takeover
  • How Man United could line up after Sheikh Jassim’s dream transfer window
  • Sir Jim Ratcliffe still in the race to buy Man United as respected journalist drops update