(PLO) – Britain’s richest man Sir Jim Ratcliffe was forced to change his plans to take over Manchester United when the Glazers pledged to sell the club.
That is the headline shared in the Mirror (UK) today (January 25) when new information about the Glazer family’s plan to sell Manchester United appeared. This forced Britain’s richest billionaire Sir Jim Ratcliffe to quickly change his plan to take over the Old Trafford team.
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According to the Mirror, the Glazers have made the definitive decision to sell the entire Manchester United club and want the process to start next month, forcing Sir Jim Ratcliffe to take action by hastening his plan to buy the Old Stadium team. Trafford.
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| Sir Jim Ratcliffe wants to accelerate the plan to buy MU after the Glazer family wants to sell the entire club. PHOTO: GETTY |
Previously, the MU side informed potential partners for them to officially participate in the “auction” to buy back the club starting in mid-February, in the context that the Old Trafford team received great attention. from the Middle East, Asia and the Americas.
Meanwhile, Sir Jim Ratcliffe has publicly expressed his intention to buy MU earlier this month. Sir Jim Ratcliffe is Britain’s richest man with a fortune of more than £16 billion, according to Forbes. It is worth mentioning that Sir Jim Ratcliffe has been a huge fan of MU since childhood.
Meanwhile, the Glazer family bought United for £ 790 million in 2005. After nearly 20 years taking over the Old Trafford team, the Glazer family decided to put the “red devils on the transfer market” in November. last year. Initially, the Glazers have not decided definitively whether to sell the entire MU or just call for investment.
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| Sir Jim Ratcliffe is currently the richest man in England and a huge fan of Man Utd. PHOTO: GETTY |
The Mirror claims that the Glazer family wants to earn up to £8 billion when selling MU. Other information said, the Glazer family can also accept a minimum price of £ 5 billion. That’s a fee that eclipses the £4.2 billion that Todd Boehly and his investors paid for Chelsea.
The American owners of MU are eager to sell the club urgently in the first quarter of the year. While Ratcliffe wants to postpone that process and wait until it is possible to know if MU has tickets to next season’s Champions League arena or not.
Those interested in acquiring MU understand that, any “bid” made must receive the nod of the Glazer family. The Glazers believe that this is the best time to sell MU for a profit, when over the years, “red Devils” fans have repeatedly organized protests calling for the Glazers to leave Old Trafford.
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| Sir Jim Ratcliffe affirmed that football clubs are overvalued compared to reality. PHOTO: DAILY MAIL |
Ratcliffe once intended to buy Chelsea but then he stopped interested because he believed that the value of the Stamford Bridge home team was exaggerated. This businessman already owns the French club Nice, but before that he stated why he did not invest in buying a club in the Premier League.
Ineos Group head Sir Jim Ratcliffe explained in The Times (UK) in 2019: “Even though clubs have such valuations today, nobody has paid that amount. How much Roman Abramovich has paid. for Chelsea, £100m The Glazers, £500m You could say now that club is worth three, four billion pounds but no one is paying those sums.
Ineos always tries to take a sensible approach. We don’t like to waste money, otherwise we wouldn’t be where we are today. It’s part of our DNA, trying to be reasonable.”
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The Glazers are ready to give up Man United. PHOTO: GETTY |
Last year, Sir Jim Ratcliffe received calls from Manchester United fan group and former United manager Michael Knighton to be involved in the takeover of Old Trafford.
However, he poured cold water on the offer. That was before the Glazer family announced their intention to sell Manchester United. Now, Sir Jim Ratcliffe has changed his stance when he himself confirmed that he wants to buy the club he loves.
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