Ratcliffe's INEOS group are set to take a 25 per cent stake in the club with Sheikh Jassim no longer in the running
Ratcliffe’s INEOS group are set to take a 25 per cent stake in the club with Sheikh Jassim no longer in the runningAnd when Ratcliffe’s investment is ratified – which could even happen “in the coming days” according to sources close to the process – his INEOS group will assume control of football operations in a dramatic changing of the guard at Old Trafford.
“Sir Jim Ratcliffe is not going to make a significant investment in Manchester United simply to get a place on the board and a nice comfy chair on matchdays,” a source close to the INEOS camp toldDetails are sketchy about what exactly the structure of his proposal are and what guarantees have been offered. A spokesman for the INEOS camp declined to comment toon the weekend developments.
A source close to the Qatari bid said they had become exasperated with the “fanciful” valuation of the Glazers, who are understood to want close to £6bn for full control.
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