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The richest man in the UK wants full control of Manchester United. See proposal | English football

Zera Barrett by Zera Barrett
May 25, 2023
in sport
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The richest man in the UK wants full control of Manchester United.  See proposal |  English football
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Still looking for a new owner. Manchester United Interested in the richest man in the UK. This is Jim Ratcliffe, owner of Ineos petrochemicals, who has already shown interest and now appears with a proposal to take full control of the club within a few years.

According to information from Sky Sports, Ratcliffe wants to include a clause obligating the American Glazer family, owner of Manchester United since 2005, to sell all its shares by 2026 and leave the club altogether..

1 of 1 Jim Ratcliffe interested in buying Manchester United – Image: REUTERS / Eric Gaillard
Jim Ratcliffe, interested in buying Manchester United – Photograph: Reuters/Eric Gaillard

However, the Glazers currently have no intention of accepting this clause, as they intend to stay at the club in some way, even with a relevant managerial position. Therefore, Jim Ratcliffe, the owner of Nice in France, may have to organize a new bid in order not to be at a disadvantage in the competition with Sheikh Jassim bin Hamad Al Thani, Chairman of Qatar Islamic Bank (Al Masraf, Bank of Qatar). ).

It’s a lot of money! Forbes updates the list of the 20 richest club owners in the world

Currently, United has more than €580 million (R$3.2 billion) in debt. The Glazer family announced in November that it was open to selling or investing, sparking uproar over a bidding battle between Qatari and Saudi interests.

Zera Barrett

“Food fanatic. Organizer. Hipster-friendly tv specialist. Avid reader. Devoted web ninja.”

Zera Barrett

Zera Barrett

"Food fanatic. Organizer. Hipster-friendly tv specialist. Avid reader. Devoted web ninja."

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