Man Utd bid deadline extended as Jim Ratcliffe and Sheikh Jassim prepare offers

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Man Utd bid deadline extended as Jim Ratcliffe and Sheikh Jassim prepare offers
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Sir Jim Ratcliffe and Sheikh Jassim will both submit second improved bids for Man Utd before an extended deadline...

A cut-off of 9pm on Wednesday had initially been set for parties to submit revised offers and, after this was extended, both Ratcliffe and Sheikh Jassim both intend to meet the new deadline.

A first round of bidding took place last month and it has been reported there are as many as eight separate potential investors. That would make them world record offers for a sports club, but still some way short of the £6bn valuation reportedly placed on the club by current owners the Glazer family.

The 70-year-old Ratcliffe was born in the Manchester area and is a boyhood Man Utd fan. He is one of the richest people in Britain with an estimated personal fortune of £6bn.

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