Manchester United fans vow to continue Glazer protests with Sir Jim Ratcliffe close to breakthrough
manchestereveningnews.co.ukManchester United supporter group The 1958 have vowed to continue to protest against the Glazers for as long they own shares at Old Trafford following news of Sir Jim Ratcliffe's desire to buy a minority stake at the club.
It emerged at the weekend that Sheikh Jassim Bin Hamad Al Thani had withdrawn his offer to buy United due to the Glazers' outlandish valuation and that development paved the way for Ratcliffe to advance in takeover talks.
Sheikh Jassim and Ratcliffe endured multiple rounds of bidding, but the British billionaire is now the only prospective buyer still at the table and he's closing in on a deal for 25 per cent of shares for around £1.3 billion. ALSO READ: United don't need Qatar's money to get what they want ALSO READ: Why Sheikh Jassim withdrew his bid The Glazer siblings currently own 69 per cent of the club and the remaining shares are owned by New York Stock Exchange investors.
Ratcliffe's new offer is for a minority stake, but the INEOS founder is willing to pay an inflated price over assurances he will have control over particular aspects, like the footballing operation and first-team recruitment.
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