The Manchester United takeover process has reportedly been 'revived' as Sir Jim Ratcliffe is preparing to 'rework his bid' so 'concerns are addressed'.
Man Utd Takeover ‘revived’ As £5bn Leading Candidate Prepares New ‘bid’ In Push To ‘address Concerns’
It has consistently been reported over the past few months that members of the Glazer family have butted heads over a final decision. It is presumably not helping that the offers – worth around £5bn – from Ratcliffe and Sheikh Jassim are very contrasting proposals.new majority stakeholder but he is willing to keep the Glazer family on board with a reduced share, while Sheikh Jassim is only interested in a full proposal.
‘Bloomberg reported previously that a top-three shareholder in Manchester United sent a letter to the club’s board warning that independent directors could be at risk of being sued for recommending any bid that favours one set of shareholders over another.’Ratcliffe may not be alone in making a new bid for Man Utd.
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