For those who are not in the know yet, there is a takeover happening for Manchester United and currently, bids are coming in. official news sources say that the club’s sale is coming into the final stages. Interested parties are putting in their bids as well as intent declarations. These will come in within the next ten days after which the Glazier unit will decide whom to hand over the reins of the company.
Sir Jim Ratcliffe, INEOS billionaire went public when he announced his intent to participate in the bids. There are other admirers as well who are keen to take the reins to manage Old Trafford. Raine Group hopes that the process will get into the final stages by the middle of March. By then the buyer would be selected by them, as they have been appointed to do so by the Glazers. Continue reading Manchester United’s Takeover in the Process