The third round of offers for the acquisition of the Manchester United expired this Friday, April 28 and after new and attractive proposals, The Raine Group and the Glazer family will begin to analyze each of the proposals from those interested in taking over the Old Trafford team.
According to reports from Daily Mail, This Saturday the British businessman Sir Jim Ratcliffe woke up as the main favorite to take charge of the Red Devils and be the winning bidder after presenting an attractive proposal in recent days.
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Despite the fact that the offer from Qatar, led by Sheikh Jassim Bin Hammad al-Thani, exceeded 6.2 billion dollars (5 billion sterling pounds), lat the proposal of Ineos (Jim Ratcliffe’s company) It is considered a favorite by the Glazer and Raine Group.
Ratcliffe presented through Ineos a slightly smaller proposal than that of Qatar, but the intention of the British businessman when he wanted to acquire 69% of Manchester United, and leave the Glazers as shareholders with 20% of the clubseems to have been liked by the Old Trafford staff, which is why it is inclined as the favorite.
The Glazers will analyze proposals for the sale of United
Now after the bidding round is over, It will be the turn of the Glazer family (Avram and Joel) to sit down with the Raine Group to analyze the proposals presented and it is expected that in a period of between 7 and 10 days the preferred offer will be announced In that case, continue with the process and the corresponding procedures.
It should be noted that In addition to the offers from Jim Ratcliffe and Jassim Bin Hammad, the Glazers have other proposals on the table, including cash injections by American investment funds, which are interested in having a stake in the club.
These deals are said to include proposals for a cash injection of more than $3 billion, which would be used for the remodeling of Old Trafford or the construction of a new stadium, which businessmen such as Ratcliffe and Jassim Bin Hammad have also included among their offers.