立博体育appag亚游官网Hidden clause in Sir Jim Ratcliffes £5bn takeover bid will push the Glazer mily out
However, Sky News are reporting that Ratcliffes takeover bid includes put-and-call options which would become exercisable in 2026.
The clause in Ratcliffes offer will please the Manchester Uniteds nbase as they have been campaigning to get the Glazers out.
The Sky Sports pundit tweeted: Theyre it up as they go along! Shoddy way to run a sale process.
The Ineos billionaire is one of two parties, alongside Qatari Sheikh Jassim bin Hamad Al Thani, who are thought to be leading the bidding war.
Speaking back in February, Ratcliffe said: We would see our role as the long-term custodians of Manchester United on behalf of the ns and the wider community.
Gary Neville, an outspoken former Manchester United player, described the process of selling the club as shoddy last month.
Its like theyve made a pact to each other that they wont go for less than £1bn each mily member. (5 of them). If they stay in after all this it will be toxic!.
We want a Manchester United anchored in its proud history and roots in the North-West of England, putting the Manchester back into Manchester United and clearly focusing on winning the Champions League.
We would want to help lead this next chapter, deepening the culture of English football by the club a beacon for a modern, progressive, n-centred approach to ownership.
The news surrounding the clause in Ratcliffes offer comes just over a week after the Glazers received a third round of offers for the club.
Understandably, those signs have become more prevalent after the statement last November which said a sale of the club was being explored.
Widespread protests were seen ahead of Uniteds 1-0 victory over Aston Villa at Old Trafford earlier this month.
The Glazer mily announced they were considering selling United after 18 years of highly controversial ownership in November 2022.
They need to get out by end of May to allow the new owner a fighting chance to impact the next transfer window and get moving!
Sir Jim Ratcliffe is said to be proposing a full buyout of Manchester United Football Club after three years if his proposed takeover bid of £5bn is accepted.
Additionally, banners calling for the Glazers to sell the club have been prevalent at every game this season.
The clause could be triggered as little as three years into the deal and would ultimately push the Glazer mily out of the picture.
Should Ratcliffe win the bidding war, he will invest heavily in the club and make the Red Devils the number one club in the world once again.
Neville continued: Taking it to a 3rd round (of bidding) is just classless. The market has obviously not given them the answer they want!
We are ambitious and highly competitive and would want to invest in Manchester United to make them the number one club in the world once again. We also recognise that football governance in this country is at a crossroads.
A source reportedly told Sky News that the put-and-call arrangements would force the Glazers to sell their remaining shares to him or force him to acquire them.
Ratcliffe is said to have valued the club higher than Sheikh Jassim, who for much of the process had appeared the vourite in the running.立博体育appag亚游官网Hidden clause in Sir Jim Ratcliffes £5bn takeover bid will push the Glazer mily out