A new delay in the sale of Manchester United…
Manchester United’s management has not taken its final position on the club’s sale process, in which negotiations with businessmen began last November.
Some businessmen, led by Sheikh Jassim bin Hamad and businessman Jim Ratcliffe, were linked to buying shares of the Red Devils in light of the desire of the Glazer family, the club’s owners, to sell it.
But Sheikh Jassim decided a few days ago to withdraw officially from the deal, after which Sir Jim Ratcliffe came close to buying some of Manchester United’s shares, at a rate of up to 25%.
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According to press reports, a source close to Ratcliffe confirmed that the stock purchase process is still in its infancy, and that many things must happen before the purchase process is official.
For his part, Ratcliffe is considering some things to improve the team’s situation if he is able to buy the shares, as he seeks to sign a new sporting director and technical director for the Red Devils, if the results continue to decline under the leadership of Ten Hag.
2023-10-19 19:03:02
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