Sir Jim Ratcliffe has reportedly tabled a fresh proposal in the Manchester United takeover saga that would allow Avram and Joel Glazer to retain a minority stake in the club. The Ineos chief's offer comes ahead of Friday's third and final deadline for bids, with the Glazer family divided over whether to sell outright or accept partial investment.
According to The Times, Ratcliffe's latest plan would see him take a controlling 50 per cent stake, while Avram and Joel Glazer would keep around 20 per cent. The remaining 30 per cent would stay with other shareholder groups. This structure would likely appeal to the two brothers, who are reportedly leaning towards staying at the club despite fierce fan opposition.
The proposal contrasts with that of Sheikh Jassim bin Hamad Al-Thani, who is intent on acquiring 100 per cent of the club. Ratcliffe's offer would also mean a lower initial outlay for him, as any new owner will need to fund significant upgrades to Old Trafford and the Carrington training base.
Raine Group, the American bank overseeing the process, could confirm a preferred bidder as early as next week. However, there have been fears that the Glazers might abandon a full sale altogether and seek only minority investment, a move likely to draw strong opposition from fans who have protested against the family since their leveraged buyout in 2005.
