
Jassim of Qatar and Sir Jim Ratcliffe, the head of INEOS, were the front-runners to purchase Manchester United, and they fought for months until the British billionaire prevailed.
Jassim and his group were solely interested in a complete acquisition and made multiple bids to Manchester United. Ratcliffe later changed his offer and bought a 27.7% stake instead of the majority stake he had originally planned to buy.
Ratcliffe took over Old Trafford’s football operations after his arrival was confirmed at the beginning of this year.
Ratcliffe has had a difficult first season at Manchester United, but this was seen as a much-needed fresh start for the Red Devils.
When Sheikh Jassim had a “three-day plan” to “revolutionise” Old Trafford, he reportedly “can still offer INEOS an exit route” from Manchester United.
The Glazer family decided to sell Manchester United towards the end of 2023, and it took more than a year for the matter to be resolved.
Jassim of Qatar and Sir Jim Ratcliffe, the head of INEOS, were the front-runners to purchase Manchester United, and they fought for months until the British billionaire prevailed.
Jassim and his group were solely interested in a complete acquisition and made multiple bids to Manchester United. Ratcliffe later changed his offer and bought a 27.7% stake instead of the majority stake he had originally planned to buy.
Ratcliffe took over Old Trafford’s football operations after his arrival was confirmed at the beginning of this year.
Ratcliffe has had a difficult first season at Manchester United, but this was seen as a much-needed fresh start for the Red Devils.
There was a lot of enthusiasm when Ratcliffe first arrived, but this soon faded because of his contentious choices. He has approved mass layoffs, increased ticket costs, removed Sir Alex Ferguson’s position as global ambassador, and cancelled their staff holiday party.
According to a Daily Mail report, Jassim “planned to revolutionise Man United in just three days” if his takeover was successful, and the INEOS boss is receiving harsh criticism.
Leave a Reply