British billionaire Jim Ratcliffe officially enters race to buy Manchester United from Glazers
Manchester United are preparing to receive multiple bids for the club today in a crucial stage of the takeover saga.
Qatari banker Sheikh Jassim Bin Hamad Al Thani will make a second bid for the club following a delegation who visited Old Trafford for talks last week, while British petrochemicals billionaire Sir Jim Ratcliffe is also expected to put forward a fresh proposal. However, there are also reports that several other parties are interested in the club.
The Glazers, who bought Manchester United for £790m in 2005 and saddled the club with debt, want around £6bn, which would be a record fee for a football club. While the Americans are keen to sell, it is thought they remain open to the idea of selling only a minority stake in United and retaining control, at a time when performances on the pitch are improving under new manager Erik ten Hag and the outlook is more positive than it has been for many years.
Follow all the latest news and updates on the takeover below.
