MX23RW : Wednesday, January 15 11:59:36| >> :60:830:830:

Manchester United chiefs 'unconvinced by Sir Jim Ratcliffe's plans to buy club'

Man United chiefs 'unconvinced by Jim Ratcliffe's plans to buy club'
© Reuters
Manchester United officials reportedly believe that Sir Jim Ratcliffe has no intention of meeting the £6bn asking price to buy the club, despite declaring his interest.

Manchester United officials are reportedly unconvinced by Sir Jim Ratcliffe's declaration that he wants to buy the club.

The INEOS owner publicly confirmed that he has entered "the process" to buy Man United from the Glazer family, who are willing to sell the club after 17 years in charge.

Ratcliffe, who is a Manchester United fan, has regularly been linked with an interest in taking over the club amid increasing protests against the Glazers' ownership in recent years.

The Englishman is understood to have held formal talks with the Glazers last year, only to be told that the club was not for sale at that stage.

Ratcliffe also went public with his desire to buy Chelsea in 2022, but by that stage the deadline for bids had passed and the Blues were eventually bought by a consortium led by Todd Boehly.

Jim Ratcliffe pictured in September 2021© Reuters

The Daily Mail reports that Man United officials believe that his statement of intent to enter the bidding process is mainly down to a desire for publicity rather than a genuine interest in buying the club.

The report claims that members of the Red Devils' hierarchy believe Ratcliffe has no intention of meeting the Glazers' asking price of more than £6bn.

The 70-year-old, who has a net worth of a reported £12.7bn, is expected to face rival interest in Man United from bidders in the United States, Middle East and Asia.

The Glazers have not ruled out staying in charge of the club if they believe the offers on the table are insufficient, while they are also thought to be open to partial investment rather than a full takeover.

Any deal for the club could be completed before the end of the season, although the official bidding process is not yet underway.

ID:505470:1false2false3false:QQ:: from db desktop :LenBod:collect3243:
Written by
Barney Corkhill

Manchester United takeover - Click here for more stories

Click here for more stories about Jim Ratcliffe

Click here for more stories about Manchester United

Collect / Create New Data
Share this article now:
General view inside Old Trafford before the match on January 10, 2022
Read Next:
Manchester United 'expecting takeover offers imminently'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool20145148202847
2Nottingham ForestNott'm Forest21125430201041
3Arsenal20117239182140
4Chelsea21107441261537
5Newcastle UnitedNewcastle20105534221235
6Manchester CityMan City2110563829935
7Bournemouth219753225734
8Aston Villa209563032-232
9Fulham217953230230
10Brentford218494037328
11Brighton & Hove AlbionBrighton2061043029128
12West Ham UnitedWest Ham217592741-1426
13Tottenham HotspurSpurs20731042301224
14Manchester UnitedMan Utd206592328-523
15Crystal Palace204972128-721
16Everton193881525-1017
17Wolverhampton WanderersWolves2044123145-1416
18Ipswich TownIpswich2037102035-1516
19Leicester CityLeicester2035122344-2114
20Southampton2013161244-326


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!