Sir Jim Ratcliffe has offered to buy 25 percent of Manchester United from the Glazer family, but the deal reportedly won't be voted on at Thursday's board meeting
Sir Jim Ratcliffe will have to wait even longer to take control of Manchester United with the Glazers reportedly putting the breaks on his deal.
But The Telegraph now reports that Ratcliffe and his INEOS group will have to wait a little longer, because there are still important factors to be ironed out. With Ratcliffe bidding to take over the footballing operations, there are still some things which need further discussion before it is put to a vote.
As reported by Mirror Football, Ratcliffe wants to take control of the football side of the business at United when the deal goes through. The 70-year-old wants to bring in his own people from INEOS, which means the positions of chief executive Richard Arnold and director of football John Murtough could come under threat.
There have now been 329 days since the Glazers released a statement announcing "a process to explore strategic alternatives for the club". Throughout the process, the Glazers have made it clear that they are in no rush to relinquish control of the asset they bought in a debt-leveraged buyout in 2005.
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