Ratcliffe hopes to have latest offer accepted by the Glazers after restructuring bid to address concerns of minority shareholders
Sir Jim Ratcliffe is restructuring his bid forto address concerns of minority shareholders and hopes to have his offer accepted in a potential sale process begun by the Glazers last November.
Ratcliffe, one of Britain’s richest people, has made an offer to become the majority shareholder in United by purchasing shares owned by the six American siblings. It is understood this was unattractive to the shareholders who own the remainder of the club, who include Lindsell Train, Ariel Investments LLC and Eminence Capital.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: