Sir Jim Ratcliffe is set to take a 25 per cent stake in Manchester United after a Qatari consortium headed by Sheikh Jassim withdrew from the race.
United are set to ratify a bid of £1.3bn for a 25% stake in the club from Ratcliffe and his INEOS firm at a board meeting this week, according toafter seeing his latest bid rejected by the Glazer family. The move is thought to be the "first stage of a full takeover" of the club.The latest developments mean that the long-running takeover saga could be set to end almost a year after the club was first put on the market.
Ratcliffe's bid is set to be ratified by the club next week which should bring the takeover saga finally to an end. The Red Devils are due to return to Premier League action on October 21 against Sheffield United.
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