MX23RW : Tuesday, March 11 18:06:42| >> :120:17520:17520:

Sir Jim Ratcliffe: 'Manchester United takeover failure is not an option'

Ratcliffe: 'Manchester United takeover failure is not an option'
© Reuters
British billionaire Sir Jim Ratcliffe says that failing to purchase Manchester United from the Glazer family is not an option.

Sir Jim Ratcliffe has said that failing to purchase Manchester United is not an option, with the British billionaire appearing to confirm that he is still very much in the picture to complete a takeover.

Last November, the Glazers signalled a willingness to entertain offers for the Red Devils, and two clear candidates have emerged in the shape of Ratcliffe and Sheikh Jassim bin Hamad Al Thani.

As it stands, Sheikh Jassim is believed to be firmly at the head of the queue, with the Qatari banker looking to complete a full takeover of the club.

Ratcliffe, on the other hand, is only thought to be bidding for a controlling stake at this stage, with a full takeover occurring at a later date.

However, there have been recent reports that the Glazer family are considering taking Man United off the market, having had a change of heart when it comes to their plans.

Manchester United fans display banners in protest against the Glazer family's ownership of the club on August 26, 2023© Reuters

There have also been suggestions that the American owners want as much as £10bn for the Red Devils, which is believed to be double the offers currently on the table from Ratcliffe and Sheikh Jassim.

A recent report denied that the Man United bidders had been informed that the club was no longer on the market, and Ratcliffe appears to have confirmed that stance.

The Brit has said that he is not entertaining the idea of failing to purchase the 20-time English champions.

"The Manchester United bid would have been unthinkable two or three years ago if we hadn't had some of experiences - some quite difficult experiences with Lausanne and Nice," Ratcliffe told INEOS.TV.

Nice owner Jim Ratcliffe before the match on April 20, 2023© Reuters

"You can't really contemplate acquiring a brand like Manchester United and failing because the failure is just far too public and excruciating in a deal like that."

There is believed to be conflict in the Glazer family when it comes to their plans, with the siblings thought to have different ideas on the best course of action.

Man United have made an underwhelming start to the new Premier League season, picking up six points from four matches, beating Wolverhampton Wanderers and Nottingham Forest at home, and losing to Tottenham Hotspur and Arsenal on their travels.

Erik ten Hag's side will be bidding to return to winning ways when they welcome Brighton & Hove Albion to Old Trafford on Saturday afternoon, but they will be without Antony, who will not return to action until he has addressed the abuse accusations levelled at him.

ID:523837:1false2false3false:QQ:: from db desktop :LenBod:collect4488:
Written by
Matt Law

Manchester United takeover - Click here for more stories

Click here for more stories about Jim Ratcliffe

Click here for more stories about Manchester United

Collect / Create New Data
Share this article now:
Manchester United manager Erik ten Hag pictured on August 19, 2023
Read Next:
Erik ten Hag 'in line for new Manchester United contract'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool29217169274270
2Arsenal281510352242855
3Nottingham ForestNott'm Forest28156745331251
4Chelsea28147753361749
5Manchester CityMan City28145953381547
6Newcastle UnitedNewcastle2814594738947
7Brighton & Hove AlbionBrighton28121064640646
8Aston Villa2912984145-445
9Bournemouth28128847341344
10Fulham2811984138342
11Crystal Palace2810993633339
12Brentford28115124844438
13Tottenham HotspurSpurs281041455411434
14Manchester UnitedMan Utd2897123440-634
15Everton2871293135-433
16West Ham UnitedWest Ham2896133248-1633
17Wolverhampton WanderersWolves2865173857-1923
18Ipswich TownIpswich2838172658-3217
19Leicester CityLeicester2845192562-3717
20Southampton2823232068-489


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!