Takeover Bid: Between Ratcliffe and The Qatari, Who Will Own Man Utd?

There have been bids to buy Manchester United football club this season. Qatari’s bid and Sir Jim Ratcliffe’s have been the two prominent bids so far. The Qatari final bid worth under £5bn while Sir Jim Ratcliffe’s bid is a world-record £6bn. If thing remains this way and the Qatari’s final bid is not improved, Manchester United will become Ratcliffe property in the couples of months.

Interestingly, Goal.com reports that Sir Jim Ratcliffe is close to completing his takeover of Manchester United, with the Glazers set to retain a 20 percent stake in the club.

The report said, Ratcliffe’s main challengers throughout the protracted bidding process have been a consortium led by Sheikh Jassim bin Hamad Al Thani, chairman of Qatar Islamic Bank (QIB). However, after the former was identified as the Glazers’ preferred bidder earlier this week, it seems they are ready to discuss specifics.

It is understood that Ratcliffe’s offer for the club could reach as high as a world-record £6 billion. His consortium’s willingness to allow the Glazer family to retain a stake in the football club is also thought to be key to his apparent success. But it is expected that the parts of United still owned by Joel and Avram Glazer will eventually be purchased by Ratcliffe over the next two to four years.

However, sources close to the Qatari bid have indicated that they retain hope of completing a purchase. They could even submit an improved bid for the Red Devils to prevent Ratcliffe taking over. The Qatari’s final offer came in at under £5bn and there has been little contact with the Raine Group – who are overseeing the sale – since the latest bid was made.

While the takeover process continues, United will maintain their fight for a top four finish in the Premier League when they face Wolves on Saturday.

Manchester United has been owned by the Glazer family since 2005 when they completed a takeover of the club. The Glazer family, led by American businessman Malcolm Glazer, acquired the majority stake in the club through a leveraged buyout. This takeover was met with some resistance from Manchester United fans who expressed concerns over increased debt and the impact on the club’s finances.

Since the takeover, the Glazer family has retained ownership of Manchester United, and the club has remained one of the most valuable and successful in the world.

Manchester United is a professional football club based in Manchester, England. The club was founded in 1878 and has since become one of the most popular and successful football clubs in the world. They have a rich history and have won numerous domestic and international titles.

The team plays their home matches at Old Trafford, which has a capacity of over 74,000 spectators. Manchester United has a strong and passionate fan base and is known for its intense rivalries, particularly with Manchester City and Liverpool.

In terms of success, Manchester United has won the English top-flight title (now known as the Premier League) a record 20 times. They have also won the FA Cup 12 times, the League Cup five times, and the UEFA Champions League three times, among other domestic and international trophies.

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