Ineos on pole to buy Manchester United

The optimism prevailing in recent days on the side of Ineos as to its ability to buy the English club Manchester United, on sale since last November, seems to be confirmed. According to the British newspaper The TimesBritish billionaire Jim Ratcliffe, CEO of the chemical group that already owns OGC Nice, is about to enter into exclusive negotiations with the Glazer family, the American owners of the Red Devils.

Ratcliffe rather than Sheikh Jassim

Sir Ratcliffe would thus be ahead of a Qatari group led by Sheikh Jassim bin Hamad al Thani. To achieve this, the boss of Ineos would have softened his position. After having initially shown his desire to buy the 69% of the club’s shares held by the six Glazer brothers and sisters, he would now be willing for Avram and Joël Glazer, current executive co-presidents of ManU, to retain 20% of the shares. of the club. This would allow the petrochemical billionaire to take control of the club, while allowing the two Glazer brothers to remain there. Much to the chagrin of Mancunian fans, who hold deep animosity towards the Glazer family.

always according to The Times, the third and last offer from Qatar would propose to buy back 100% of the shares for less than 5 billion pounds sterling. If the six Glazer siblings seem to have chosen Sir Ratcliffe to succeed them at the head of the current fourth in the Premier League, a final attempt by Qatar would not, however, be excluded.

2023-05-12 22:15:24
#Ineos #pole #buy #Manchester #United

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