Ratcliffe leaves Old Trafford after Man Utd takeover talks
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Sheikh Jassim and his representatives initially had doubts about all six members of the Glazer family wanting to sell Manchester United, according to reports. However, these concerns have now been ‘reduced’ following talks with the club on Thursday. And that major development bodes well for the Qatari billionaire, who is eager to win the race to secure a takeover despite facing competition from Sir Jim Ratcliffe.
On Thursday, representatives of Sheikh Jassim travelled to Manchester to hold crunch talks as they look to acquire the club following 18 years of controversial rule.
And the Guardian say that, while those present had doubts about whether all six of the Glazers were willing to sell, these have now been ‘reduced’.
It’s claimed there is a ‘view’ that the Americans are serious about completing a sale by the time the transfer window reopens at the end of the season.
For now, Sheikh Jassim is considering the size of his second offer.
This, it’s stated, will be determined once ‘examination of the account is complete’.
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The Qatari billionaire supposedly does not intend to take any profit from the club – unlike the Glazers who have taken more money out than they’ve put in over the years.
Instead, he plans to reinvest via his Nine Two Foundation – while he also sees any potential purchase of United as a ‘long-term project’.
Everything seems to be moving in the right direction, at least as far as they’re concerned.
However, Sheikh Jassim isn’t the only candidate interested in acquiring United at the current moment in time.
Ratcliffe and his entourage arrived for talks on Friday, with the INEOS chief hoping his own bid will be successful.
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The British billionaire previously missed out on buying Chelsea last year, with Todd Boehly winning that battle instead.
Ratcliffe already owns Ligue 1 side Nice, who made the quarter-finals of the UEFA Conference League on Thursday night.
But he’s long dreamed of owning United, who he’s long been a fan of.
Meanwhile, any Qatari takeover of United would be controversial – just like when states have purchased Manchester City and Newcastle in the past.
Speaking last month, however, Gary Neville admitted he would ‘find it difficult’ to oppose any takeover from the Middle-Eastern nation.
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“There is some concern, [but] they want a debt-free club,” he said on Sky Sports.
“They’ve become harmed mentally by debt, Man United fans, over these last few years.
“There’s a feeling they want an ownership that can compete with the Middle East estates we have in this league.
He added: “The Premier League is stuck in a lot of their governance because they’ve got 20 different owners with 20 different mindsets and vested interests and self-interests and we do need, most importantly, whether it be for Man United, Man City or the whole league, we need to know what is expected of owners in this country.
“Keep a cap and control on the clubs like Man United, Man City and Newcastle, who may have nation-state involvement, but allow other clubs to come up to their level of spending if they’ve got a wealthy owner that wants to come in, ie: Jack Walker at Blackburn all those years ago.
“We can talk about state ownership at Man United but we have already got two state-funded clubs in Newcastle and Man City.
“They’ve been allowed to come in already, so I find it difficult to say Man United shouldn’t, on the other hand, have a Qatari ownership.
“The horse has bolted in that respect, when Abu Dhabi came into Man City 15 years ago and Saudi Arabia came into Newcastle two years ago.”
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