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Ratcliffe & Sheikh Jassim Reach 2nd Stage

admin by admin
March 4, 2023
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Ratcliffe & Sheikh Jassim Reach 2nd Stage
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Manchester United’s sale process is edging closer to completion with major meetings set to take place in the coming days.

The Red Devils have been in the process of being sold since October 2020, when the Glazer family announced their intention to explore a potential sale of the club.

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Since then, a number of potential buyers have been linked with a move for the Premier League giants, including British billionaire Jim Ratcliffe and Qatar’s Sheikh Jassim bin Hamad Al Thani.

Now, according to reports, Ratcliffe and Sheikh Jassim have both made it to the second stage of the sale process, with major meetings set to take place in the coming days.

Ratcliffe, who is the founder and chairman of the Ineos chemicals group, is said to be the frontrunner to buy the club, with his bid believed to be worth around £3 billion.

The billionaire has been a long-time admirer of the club and is said to be keen to invest heavily in the squad and the infrastructure of the club.

Meanwhile, Sheikh Jassim is also said to be keen on buying the club, with his bid believed to be worth around £2.5 billion.

The Qatari businessman is said to be keen to invest heavily in the club’s youth academy and infrastructure, as well as bringing in some of the world’s best players.

The meetings in the coming days are expected to be crucial in determining the future of the club, with the Glazer family keen to make a decision on the sale as soon as possible.

It is believed that the family are keen to get the best possible deal for the club, and are willing to wait until they get the right offer.

Whichever bidder is successful, it is expected that the new owners will bring in a new era of success for the club, with the potential to challenge for major honours both domestically and in Europe.

It remains to be seen who will be successful in the sale process, but it is clear that the future of Manchester United is set to be decided in the coming days.

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