Ratcliffe Considering Man Utd Minority Stake Offer

Sir Jim Ratcliffe’s Ineos Group is considering whether to offer to buy a minority stake in Manchester United in an effort to break the impasse over the ownership situation.

The Glazer family, who currently own the club, announced in November they were considering selling United as they “explore strategic alternatives”.

That led to a flurry of interest but only two offers, from Ineos and Qatari Sheikh Jassim bin Hamad Al Thani.

Both tabled bids of around £5bn.

Sheikh Jassim’s camp have always maintained he was only interested in buying 100% of the club. However Ratcliffe said he wanted a majority stake.

But after months of what has seemed like inaction on the Glazers’ part, British businessman Ratcliffe is now thinking about a different approach.

BBC