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There is a desire at Man United to have Sir Jim Ratcliffe join the club’s board before the end of 2023.Following the withdrawal of Qatar’s Sheikh Jassim, Ratcliffe is now the frontrunner to complete a takeover deal for United.
The British billionaire restructured his initial bid this month to instead acquire an initial 25 percent of United’s shares before taking majority control in 2026. With Ratcliffe’s INEOS bid now the only option being considered by the Glazer family, the takeover process is expected to accelerate.Maguire believes Ratcliffe could have the deal finalised before the start of the New Year as there should be no issues passing Premier League regulation.
“I think there is a desire at Man United to have Ratcliffe at the club in some way, shape or form by the start of the New YearThey’ve got to take appropriate legal counsel and ensure that they are following their corporate responsibilities and all of the dull stuff.I don’t see that being an issue because if the wealthiest man in the UK cannot afford to buy a football club then then we’ve got a big problem.
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