Sir Jim Ratcliffe will pay £1.3bn for 25 per cent of the club; Sheikh Jassim is understood to have raised his offer for Man Utd in June but it was not satisfactory for the Glazers despite being far more than the club's $3.3bn valuation on the New York Stock Exchange
Ratcliffe and his company INEOS are expected to run Manchester United's football operations as part of the deal to purchase 25 per cent, which could be the first step in a phased takeover.
He initially wanted to buy all of the Glazers' 67 per cent shareholding.
It's also been reported that Ineos will explore how to expand a rebuilt Old Trafford into a 90,000-seat stadium if Sir Jim Ratcliffe is successful with his offer to buy a stake in Manchester United.
as well as Both Paul Mitchell and Michael Edwards have been discussed in relation to being appointed at #MUFC by Sir Jim Ratcliffe.
The Athletic (Article)
The board meeting is scheduled for Thursday, although the final details of Jim Ratcliffe's offer must first be approved by the six Glazers, who will then put it to a vote.
Jim Ratcliffe wants immediate control over sporting decisions and is proposing a new structure in which INEOS representatives sit on the board, allowing them to exert influence on these matters. The exact nature of this arrangement has yet to be defined.
Jim Ratcliffe is not concerned about immediate control of United's business arm, but he has negotiated the mechanism to eventually purchase the majority of shares and complete a complete takeover.
Gary Neville's 16 questions over Man Utd minority investment
What does the distribution of funds look like? Is all the cash being taken out of the club?
Which Glazers are going or is it a family dilution?
How does it impact the NYSE shareholders?
Does the executive stay the same?
Does the sporting side stay the same above the manager?
Who within the board has sporting control?
Are there future dilution clauses with the Glazer family in any deal you do as a minority shareholder? When are they?
Man Utd are maxed out on the credit card and debt. How is this deal going to change the capital structure and financial issues the club has?
Is any further debt being placed on the club?
Is any debt being paid off?
How does this deal impact the board composition?
How does a minority shareholder impact the negative culture within the entire organisation?
Old Trafford is tired and is in need of significant redevelopment. How does this deal resolve this issue?
Will this deal allow the development of the training ground to its required standard?
Old Trafford requires significant investment on its surrounding land. Does this deal impact this requirement positively or does it leave it as a concrete wasteland?
How does a minority shareholder stop cultural decline across a whole organisation if the people who have overseen this decline still have a majority shareholding?
???? Subscribe now for the freshest Football and Manchester United updates straight from Old Trafford. Here, you’ll be the first to catch:
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#ManchesterUnited #MUFC #sirjimratcliffe
Ratcliffe and his company INEOS are expected to run Manchester United's football operations as part of the deal to purchase 25 per cent, which could be the first step in a phased takeover.
He initially wanted to buy all of the Glazers' 67 per cent shareholding.
It's also been reported that Ineos will explore how to expand a rebuilt Old Trafford into a 90,000-seat stadium if Sir Jim Ratcliffe is successful with his offer to buy a stake in Manchester United.
as well as Both Paul Mitchell and Michael Edwards have been discussed in relation to being appointed at #MUFC by Sir Jim Ratcliffe.
The Athletic (Article)
The board meeting is scheduled for Thursday, although the final details of Jim Ratcliffe's offer must first be approved by the six Glazers, who will then put it to a vote.
Jim Ratcliffe wants immediate control over sporting decisions and is proposing a new structure in which INEOS representatives sit on the board, allowing them to exert influence on these matters. The exact nature of this arrangement has yet to be defined.
Jim Ratcliffe is not concerned about immediate control of United's business arm, but he has negotiated the mechanism to eventually purchase the majority of shares and complete a complete takeover.
Gary Neville's 16 questions over Man Utd minority investment
What does the distribution of funds look like? Is all the cash being taken out of the club?
Which Glazers are going or is it a family dilution?
How does it impact the NYSE shareholders?
Does the executive stay the same?
Does the sporting side stay the same above the manager?
Who within the board has sporting control?
Are there future dilution clauses with the Glazer family in any deal you do as a minority shareholder? When are they?
Man Utd are maxed out on the credit card and debt. How is this deal going to change the capital structure and financial issues the club has?
Is any further debt being placed on the club?
Is any debt being paid off?
How does this deal impact the board composition?
How does a minority shareholder impact the negative culture within the entire organisation?
Old Trafford is tired and is in need of significant redevelopment. How does this deal resolve this issue?
Will this deal allow the development of the training ground to its required standard?
Old Trafford requires significant investment on its surrounding land. Does this deal impact this requirement positively or does it leave it as a concrete wasteland?
How does a minority shareholder stop cultural decline across a whole organisation if the people who have overseen this decline still have a majority shareholding?
???? Subscribe now for the freshest Football and Manchester United updates straight from Old Trafford. Here, you’ll be the first to catch:
????️ Football News: From the Premier League to the Champions League, we have all the hottest news covered.
???? Man Utd News: Get the latest scoops straight from Old Trafford.
???? Man United Academy News: Keeping tabs on the future stars of the club.
???? Live Stream Reactions: Join us as we share live reactions to all the Premier League and Champions League matches.
???? Manchester United Documentaries & Vlogs: Deep dives and behind-the-scenes insights into your favorite team.
⚽ Goals, Highlights & Player Analysis: Detailed analyses focusing on stars such as Bruno Fernandes and Marcus Rashford.
???? Podcasts: Tune in for rich discussions featuring special guests and Erik ten Hag's press conference reactions.
???? Transfers & Premier League Buzz: Be the first to know all the freshest transfers and Premier League news.
Your support is our strength! Contribute and enjoy exclusive perks:
???? Patreon: Access behind-the-scenes and more here: http://bit.ly/HowsonPatreon
???? YouTube Membership: Unlock exclusive perks: https://www.youtube.com/channel/UCmX3073pl-9ASXYaWDrEAHw/join
Deepen the conversation:
???? Reddit: Engage with our community: http://www.Reddit.com/r/Howson
???? Podcast: Tune into our in-depth discussions: http://apple.co/1qQHSdF
Stay Connected:
???? Facebook: http://www.facebook.com/MrStephenHowson
???? Twitter: http://www.twitter.com/MrStephenHowson
???? Instagram: http://www.instagram.com/MrStephenHowson
???? TikTok: https://www.tiktok.com/@mrstephenhowson
???? For more, visit: http://www.stephenhowson.com
#ManchesterUnited #MUFC #sirjimratcliffe
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