Sir Jim Ratcliffe’s latest strategic move in the Manchester United takeover battle could be the catalyst to Sheikh Jassim bin Hamad Al Thani agreeing a deal with the Glazer family. The British billionaire has reportedly met the United owners’ valuation, which may spark a favourable reaction from Sheikh Jassim.
According to The Times, the Glazers are considering a revised Ratcliffe offer for 25 per cent of the club worth £1.5billion.
The INEOS chief’s initial bid worth around £5bn for the Glazers’ 67 per cent stake met their hefty asking price, given they reportedly value the entire club at £6bn.
But amid a reluctance to sell from Avram and Joel Glazer, Ratcliffe’s new approach to accepting a minority stake before a phased full takeover in the coming years could prove more attractive.
Sheikh Jassim is said to have offered £5bn for 100 per cent of the club and has shown little sign of budging on what is already an inflated price.
