Manchester United’s board members will hold a scheduled meeting today but aren’t expected to vote to ratify Sir Jim Ratcliffe’s 25 per cent stake in the club, according to reports. And while no deal is agreed with the Glazer family, the prospect of an 11th-hour Sheikh Jassim bin Hamad Al Thani hijack is refusing to leave the lips of supporters hopeful for a full sale.
The United takeover process has undoubtedly entered its end game but looks set for a conclusion unpopular among many supporters.
After an 11-month saga, the Glazers are primed to retain a majority stake in the club after rejecting Sheikh Jassim’s 100 per cent bid worth over £5billion.
Sir Jim has used his business nouse to take pole position, agreeing a £1.3bn deal in principle for 25 per cent of United, which would involve INEOS taking total sporting control.
And it’s now a waiting game until the Red Devils’ 12 board members pass Sir Jim’s bid to sanction the first major ownership development since the Glazers’ controversial 2005 takeover.
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