Man Utd bidder awaits takeover 'green light' amid growing 'tension' as 'modified bid' is touted

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Man Utd bidder awaits takeover 'green light' amid growing 'tension' as 'modified bid' is touted
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According to reports, Manchester United bidder Sir Jim Ratcliffe is awaiting a 'green light' before he steps up his efforts to oust the Glazer family.

According to reports, Manchester United bidder Sir Jim Ratcliffe is awaiting a “green light” before he steps up his efforts to oust the Glazer family.They decided against ruling out a full sale at the same but it remains to be seen whether a 100% takeover will be sanctioned by

Last month, Ratcliffe admitted that it would be “excruciating” if he ended up failing to acquire Man Utd. “Obviously before Jim Ratcliffe, if he is successful, can proceed with everything, he needs a green light from the Glazers, and I think that’s why it’s taking so much time,” Jacobs told“And the longer it takes to get that approval and basically be told that you are the leading group, the more likely it is that competitive tension rises.

“So if we get periods of apparent limbo, it does potentially put pressure on the groups to restructure or to reassess, and I think that that’s sort of what we’ve seen over the last few months.” Man Utd takeover ‘revived’ as £5bn leading candidate prepares new ‘bid’ in push to ‘address concerns’ Manchester United’s ‘poor’ start to this season has reportedly ‘done little to persuade Sir Jim Ratcliffe and Sheikh Jassim to raise their £5bn offers’.According to reports, Sir Jim Ratcliffe and Sheikh Jassim are ‘prepared to be patient’ as they attempt to buy Manchester United from the Glazer family.

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