Man Utd bidder Ratcliffe at Old Trafford for takeover talks / Photo: Oli SCARFF - AFP/File
-
Rene Eyre Revisits Autobiographical Performance 'Say A Little Prayer' in London
-
London Museum Granted 24/7 License Ahead of November Opening
-
UAE's HCT Holds Record Graduation and Announces Major Training Expansion
-
Dana White Confirms Flight to Washington for Trump Meeting on Press Secretary Role
-
NASA Awards $10B Lunar Contract Framework to SpaceX, Blue Origin
-
Dengue Fever Expands Into High Himalayas as Climate Change Warms Nepal
-
Katy Perry Tells Fans Ex-Husband Russell Brand 'Should Be in Jail' During UK Concert
-
IoT Refrigerator Hacks Disrupt Blood Labs and Supermarkets Across Europe and US
-
South African election results renew debate over identity-based voting
-
Post-election pressures complicate US and Israeli decisions on Iran
-
South African voters report smoother local election but declining IEC trust
-
UN members approve talks on treaty protocol against environmental crime
-
Dolly Parton museum and Nashville hotel open after singer’s death
-
Family-run West Sussex beach café prepares for first winter season
-
George and Amal Clooney attend New York political-comedy reading
-
CT scans reveal health and burial clues from Egypt’s Braided Lady mummy
-
British buyers pay substantial premiums for period-home appearance
-
Oxford faces complaints over lecturer’s classroom attire
-
Thomas Markle released to house arrest after child-abuse-image charge
-
Kyren Wilson and John Higgins reach International Championship snooker final
-
Dawn of War 4 developers chose Adeptus Mechanicus for tactical variety
-
New Zealand and Tonga meet for place in Rugby League World Cup final
-
Italy face unbeaten South Africa in Turin Nations Championship match
-
Reports of unsafe AI-toy responses renew calls for child-safety rules
Man Utd bidder Ratcliffe at Old Trafford for takeover talks
Jim Ratcliffe was at Old Trafford on Friday to attend a presentation held by senior Manchester United management staff as part of his potential takeover of the club.
The British billionaire and Qatari banker Sheikh Jassim Bin Hamad Al Thani have made offers to buy the Premier League club to American merchant bankers Raine, which was brought in to assist in assessing any bids.
The club's owners, the Glazer family, announced in November they were conducting a strategic review, with the sale of United one option being considered.
Ratcliffe, the 70-year-old chairman of chemicals giant INEOS, was joined at Old Trafford by INEOS co-owners Andy Currie and John Reece.
Former British Cycling chief David Brailsford, now director of sport at INEOS, was also part of the delegation.
Sheikh Jassim's representatives were in Manchester on Thursday for a tour of Old Trafford before attending presentations at United's Carrington training complex.
It is understood that Sheikh Jassim's team visited for 10 hours, far longer than expected, and remain committed to buying the club following the substantive talks.
Sheikh Jassim and Ratcliffe, the owner of Ligue 1 club Nice, are the only interested parties to publicly announce publicly their bids to Raine.
Elliott Investment Management has also reportedly made it through to the second stage of the process, although the firm is believed to be offering funding rather than a takeover.
Ch.Kahalev--AMWN
