Joe Williams has been Football365 News Editor since 2022. Loves all things Sheffield United.
Former Manchester United bidder Sheikh Jassim struggled to get his bid back on track after offending the Glazers, according to reports.founder Sir Jim Ratcliffe both submitted offers to buy the club in February and also made further bids since – but neither party could agree to 100 per cent takeover of the club.that British billionaire Ratcliffe is ‘set to complete a deal for a 25 per cent stake of Manchester United after the withdrawal of his main rival’.
US merchant bank Raine, who are in charge of the potential takeover, warned potential buyers to ‘keep their mouths shut’ during the process, which was ‘interpreted as a direct shot at the Qatari group’, while Sheikh Jassim’s comments sparked ‘fury’ among the Glazers.‘To say that comment did not go down well with the Glazers would be an understatement, according to those with knowledge of the situation.
‘Meanwhile, Ratcliffe’s people remained engaged. They flew to New York on a number of occasions trying to find a way, and eventually they did. They restructured their deal, giving the option of a 25 per cent stake for a figure that was acceptable. Man Utd bidder Ratcliffe to ‘oversee player incomings and departures’ as Ten Hag stance becomes clear
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