Sale of Manchester United: the Qatari offer and that of Jim Ratcliffe studied
Soon, the Manchester United club may no longer fly under the American flag. Owners since 2005, the Glazer family, although divided on the sale of the club because of the offers considered disappointing according to the English press, has not yet accepted the official takeover proposals of the Brit Jim Ratcliffethe boss of Ineos and OGC Nice, nor those private Qatari funds, supported by the Emirate.
A third file goes further
In this sale process, which an intermediary believes could take place in three stages, the American family would have initiated the second stage and the investment bank Raine, in charge of the sale, would have opened the door to Ratcliffe and the sheikh Jassim Bin Hamad Al Thani, son of the former Prime Minister of Qatar who was educated in Britain and is presented as a supporter of Manchester United.
At least one other file, made up of six people in particular, is still in the running, but it starts from further afield. The Qatari offer would at this stage be the only one to propose a 100% shareholding takeover. This new step should allow takeover candidates to meet the Mancunian staff and obtain access to certain accounting documents in connection, in particular, with the club’s debt, estimated last September to 590 million euros.