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Manchester United takeover latest as Glazers make decision on dividends

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manchestereveningnews.co.uk

Manchester United fans may have more clarity on the takeover saga but the process is still progressing at a snail’s pace. Sir Jim Ratcliffe looks set to invest £1.3billion into a 25 per cent stake at the club, albeit the decision has not yet been ratified.

The deal is likely to lapse into the new year although the INEOS billionaire is expected to be in situ in time for next summer.

The 71-year-old is poised to assume control of sporting matters at the club, utilising his experience as owner of French club OGC Nice.

That has injected optimism into a number of United fans, yet they are still waiting for an official update from the board. READ MORE: Why United wage bill went down by £50million last season READ MORE: Gary Neville shares concerns about Sir Jim Ratcliffe investment Meanwhile, United have released their annual financial figures without any direct reference to the takeover process.

Read more on manchestereveningnews.co.uk
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