British billionaire Sir Jim Ratcliffe is set to acquire a 25 per cent stake in Man United, with some reports claiming it is on the brink of being finalised.
Prospective Manchester United investor Sir Jim Ratcliffe has already outlined the importance of avoiding failure at Old Trafford amid his quest to secure a 25 per cent stake in the club.
The Manchester Evening News understands that Sheikh Jassim "desperately" attempted to convince the Glazers to sell the club they have owned since 2005. As a result of the Qatari pulling out of the race, Ratcliffe is now in pole position to win the race, though he does not plan to complete a full takeover.
Investing in the infrastructure of the club and its leading facilities will be key to Ratcliffe's hopes of getting the supporters onside and backing him and his investment. To the billionaire's credit, though, he has already recognised that failing to make his mark, if successful in the takeover race, will have consequences.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sir Jim Ratcliffe 'close to agreeing deal' with Glazers to buy Man Utd stakeSir Jim Ratcliffe is 'close' to agreeing a deal with the Glazers to purchase a stake in Manchester United.
Read more »
Sir Jim Ratcliffe set to buy Man Utd stake as Sheikh Jassim withdrawsThe Glazers have finally accepted an offer.
Read more »
Sir Jim Ratcliffe set to buy Man Utd stake as Sheikh Jassim withdrawsThe Glazers have finally accepted an offer.
Read more »
Man Utd to vote on selling minority stake to Sir Jim Ratcliffe as Qataris ‘pull out’The Manchester United board are set to vote on selling a minority stake in the club to British billionaire Sir Jim Ratcliffe
Read more »
Sir Jim Ratcliffe set to buy Man Utd stake as Sheikh Jassim withdrawsThe Glazers have finally accepted an offer.
Read more »
Erik ten Hag has outlined Sir Jim Ratcliffe's first task as Man United investorThe INEOS owner has been sent a clear message from Erik ten Hag on how he expects to be backed.
Read more »