Manchester United Takeover: Manchester United Sale Debate: According to reports in England, MANCHESTER UNITED supporter and millionaire Sir Jim Ratcliffe is expected to make an offer for the team this week. The present owners, the Glazer family, were said to be open to selling the Premier League outfit or bringing in new investors back in November. The Glazer family, are debating whether to sell the team right away given its recent success under manager Erik Ten Hag reaching Carabao Cup Final. Follow Premier League LIVE Updates on InsideSport.IN
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Manchester United Takeover: Millionaire INEOS owner Sir Jim Ratcliffe READY to BUY Man United, SET to Send Official Bid as Glazers remain adamant with £8 billion asking PRICE – Check Out
The Glazers allegedly want to hold out for £8 billion in order to sell the entire team. Ratcliffe, who gained his money from the chemicals company Ineos, is now in the lead in the bidding competition as formal bids are anticipated to be made this week.
🚨UK’s richest person Sir Jim Ratcliffe to bid for Man Utd this week but the Glazers want £8billion.#mufc (Sun Football)
— Man United-Plug🔰 (@ManUtdPlug) February 5, 2023
Ratcliffe, 70, who has formally expressed his interest, is worth £15 billion. He previously made a last-ditch bid for Chelsea. He also owns Nice of France, Lausanne of Switzerland, and a third of F1 team Mercedes.
Manchester United Takeover: Millionaire INEOS owner Sir Jim Ratcliffe READY to BUY Man United, SET to Send Official Bid as Glazers remain adamant with £8 billion asking PRICE – Check Out
Man United’s opening offers might be worth at least £4 billion. More money might be required, though, as the Glazers might try to put off the sale in light of the team’s performance since Ten Hag joined them. They think the club’s value may increase soon if they continue to observe an improvement in performance.
Given that Old Trafford needs to be renovated, any potential new chiefs will require a large sum of money. The Glazers might also leave behind £500 million in debt, according to the Mirror, amid worries that the cost of purchasing United might deter wealthy bidders. Co-owner Avram Glazer reportedly travelled to Qatar to have casual talks in an effort to entice new investors.
However The Glazers family, are debating whether to sell the team right away given its recent success under manager Erik Ten Hag. Since November, the club has been “exploring strategic alternatives” because there are no money in the family’s private cash cow. Manchester United is set to take part in Carabao Cup Final for their first Silverware.
Manchester United Takeover: Millionaire INEOS owner Sir Jim Ratcliffe READY to BUY Man United, SET to Send Official Bid as Glazers remain adamant with £8 billion asking PRICE – Check Out
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