{"id":288356,"date":"2023-09-11T15:19:36","date_gmt":"2023-09-11T15:19:36","guid":{"rendered":"https:\/\/sportstoft.com\/?p=288356"},"modified":"2023-09-11T15:19:36","modified_gmt":"2023-09-11T15:19:36","slug":"man-utd-takeover-failure-would-be-too-excruciating-for-jim-ratcliffe-to-bare","status":"publish","type":"post","link":"https:\/\/sportstoft.com\/soccer\/man-utd-takeover-failure-would-be-too-excruciating-for-jim-ratcliffe-to-bare\/","title":{"rendered":"Man Utd takeover failure would be too ‘excruciating’ for Jim Ratcliffe to bare"},"content":{"rendered":"

Sir Jim Ratcliffe has called a potential failure in taking over at Manchester United 'public and excruciating'. <\/p>\n

The British billionaire who is the CEO and chairman of chemicals company Ineos, fronts a rival bid to Sheikh Jassim which was also launched after the Glazer family called for investment.<\/p>\n

Several deadlines have since passed with the current owners moving the goalposts to leave both the bidders and supporters in the dark.<\/p>\n

In an interview with INEOS.TV, Ratcliffe has spoken of the takeover process as well as his fears that he may come up short.<\/p>\n

READ MORE: 'Man Utd star was on expenses \u2013 so he started selling camcorders to the lads'<\/b><\/p>\n

He said: "The Manchester United bid would have been unthinkable two or three years ago if we hadn\u2019t had some of experiences \u2014 some quite difficult experiences with Lausanne and Nice.<\/p>\n

"You can\u2019t really contemplate acquiring a brand like Manchester United and failing because the failure is just far too public and excruciating in a deal like that."<\/p>\n

The Red Devils were first put up for sale by the Glazer family last November and it is set to be a full year before any final decision is confirmed.<\/p>\n

Man Utd fans, who do you want to takeover at the club? Tell us in the comments section below.<\/i><\/b><\/p>\n

<\/p>\n

Sheikh Jassim part of a family who have a collective net worth estimated to be $335billion (\u00a3275bn), is thought to be the preferred bidder.<\/p>\n

Sheikh Jassim's team are said to have been doing due diligence in recent months after fans feared that Ratcliffe's bid would keep the Glazers on as minority owners.<\/p>\n

Ratcliffe, who is worth an estimated \u00a329billion, is already the owner of Lausanne-Sport and Nice.<\/p>\n

<\/p>\n

Sky Sports is bringing you 500 live football games to watch, as well access to Cricket, Golf, F1, Boxing, NFL, NBA and more across eight<\/span> dedicated channels. Sky Sports is the <\/span>only way to watch all the action this year.<\/span><\/p>\n

\u00a322 a month<\/p>\n

Daily Star Sport reported earlier this month that the Glazers have zero intention of backing down on their new $10billion (\u00a38bn) estimation of the club – and are willing to keep the Old Trafford outfit.<\/p>\n

In reaction to the Glazers' new stance on not selling up, Gary Neville was left seething.<\/p>\n

Neville said on Sky Sports: "It's just a game for them. They play, they think it's a toy. They are, of course, they're gonna sell, they're desperate for money. They can't even compete on FFP anymore. Manchester United talking like they're a mid table club when it comes to a transfer market."<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sir Jim Ratcliffe has called a potential failure in taking over at Manchester United 'public and excruciating'. 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