{"id":294337,"date":"2023-10-20T07:54:08","date_gmt":"2023-10-20T07:54:08","guid":{"rendered":"https:\/\/tellmysport.com\/?p=294337"},"modified":"2023-10-20T07:54:08","modified_gmt":"2023-10-20T07:54:08","slug":"sir-jim-ratcliffe-plans-quick-man-utd-takeover-as-ineos-chief-sets-deadline","status":"publish","type":"post","link":"https:\/\/tellmysport.com\/soccer\/sir-jim-ratcliffe-plans-quick-man-utd-takeover-as-ineos-chief-sets-deadline\/","title":{"rendered":"Sir Jim Ratcliffe plans quick Man Utd takeover as INEOS chief ‘sets deadline’"},"content":{"rendered":"
Sir Jim Ratcliffe will waste no time in attempting to convince the Glazer family to transfer majority control at Manchester United once he gets his foot in the door with a 25 per cent stake, according to reports. The INEOS chief has made a \u00a31.4billion bid for a minority stake in United with the view of overthrowing the unpopular Glazer reign.<\/p>\n
Sir Jim is expected to seal a deal for 25 per cent of the club and total sporting control at Old Trafford early next year at the latest.<\/p>\n
In the latter stages of an 11-month strategic review, it emerged as the only possible solution as co-chairmen Joel and Avram Glazer tightened their grip on the club they have owned since 2005.<\/p>\n
Sheikh Jassim bin Hamad Al Thani offered over \u00a35bn for 100 per cent of United, almost double the club’s \u00a32.6bn market value.<\/p>\n
However, the Glazers’ refusal indicated their reluctance to surrender the keys… for now, anyway.<\/p>\n
Sir Jim is reportedly ready to inject funds – set aside on top of the \u00a31.4bn agreement – into United’s sporting department, Erik ten Hag’s playing squad, and the club’s infrastructure, including stadium redevelopment.<\/p>\n
Click\u00a0<\/strong>here<\/strong>\u00a0to join our Man Utd WhatsApp community to be the first to receive breaking and exclusive F1 news.<\/strong><\/p>\n READ MORE <\/strong> Man Utd may offer perfect solution to Newcastle’s Sandro Tonali disaster[COMMENT] <\/strong><\/p>\n <\/p>\n The 71-year-old is said to be doing that with the belief that he will eventually become United’s owner, and he isn’t planning to wait too long.<\/p>\n According to the Daily Star, Sir Jim wants to make United the dominant force in England and the world again, no matter the cost.<\/p>\n And he has reportedly set a deadline of 18 months to remove the Glazer regime from Old Trafford for good, which could see a change in ownership before the end of the 2024\/25 season.<\/p>\n The Glazers’ lofty asking price will remain a potential sticking point, given they have previously unrealistically valued United at \u00a39bn.<\/p>\n\n