Man Utd fans seek clarity as Ratcliffe eyes minority stake

0

A leading Manchester United fans group called on Sunday for clarity on the future of the English giants amid speculation British billionaire Jim Ratcliffe is set to take a minority stake in the club. United’s owners, the American Glazer family, announced nearly a year ago that they were exploring “strategic alternatives to enhance the club’s growth”, with a full sale being one of the options.

Also Read: Gavi slots Spain in!

Ratcliffe was a frontrunner during several rounds of bidding, but no offer has yet met the £6 billion ($7.2 billion) valuation put on the club by the Glazers. Ineos will reportedly seek to take control of the sporting side of United’s business in return for its investment. 

“It would be wildly optimistic to think the Glazers are acting in the interests of supporters or are making ownership decisions which don’t centre on their own priorities,” the Manchester United Supporters Trust said in a statement. “However, what supporters should expect at the very least now is some clarity and an end to this process.”

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Football News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment