According to reports, Sir Jim Ratcliffe’s takeover bid for Man Utd includes a specific ‘clause’ which could ‘force’ out the Glazer family. MUFC
Man Utd takeover: Ratcliffe’s £5bn bid includes specific ‘clause’ which ‘forces’ out Glazer familyAccording to reports, Sir Jim Ratcliffe’s takeover bid for Man Utd includes a specific ‘clause’ which could ‘force’ out the Glazer family.
Unsurprisingly, there has been significant interest in Man Utd over the past few months. There have been three rounds of bidding and the final offers were submitted at the end of April. Ratcliffe’s new ‘proposal involves buying a controlling stake of just more than 50 per cent for his petrochemicals firm INEOS
“Whereas Sheikh Jassim’s bid is referred to as ‘all or nothing’, Ratcliffe is looking for control. If Joel and Avram genuinely want to stay this could be one way of getting it.
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