🚨 Man United could benefit from 'extra capital' if Glazer's can agree deal structure
'Cleanest structure is a hybrid one'
The long-running Man United takeover scenario seems to finally be taking baby steps towards a satisfactory conclusion - at least for Sir Jim Ratcliffe and the Glazer family.
It’s difficult to judge the mood amongst the Old Trafford faithful, although it’s an accepted fact that most want the Glazer family ousted as soon as practicable.
Sir Jim has pivoted from his original bid for 69% of the club, the same amount that the Glazer’s own, to taking a 25% stake for just over £1bn.
It would give the lifelong United fan immediate control of the sporting aspect of the club, which surely has to be seen as a positive move forward at this stage.
Daily Briefing columnist, Ben Jacobs, wrote on X on Thursday night that; ‘Understand Sir Jim Ratcliffe could potentially inject new equity into Manchester United in order to get more than just 25%. This extra capital, which goes directly into the club, could be used on any project, including stadium development or transfers.
‘There is an agreement in principle on the 25% stake and its valuation, but other aspects, including the A/B structure, are still being negotiated.
‘The cleanest structure to put to the board is a hybrid one. Ratcliffe could buy 25% of Glazers B shares (17.25%) and 25% of A shares (7.75%). But things are still being finalised.’
There is a suggestion elsewhere in the media that any deal may still take until the new year to be signed off, given the complexity of any arrangement.
That’s unlikely to affect the Red Devils transfer plans in January in any event, as the club look to stay on the right side of Financial Fair Play.
For the long-suffering fan base, the sooner something is ratified the better, as everyone concerned with the club can then start looking forward again.
What do you think of Sir Jim Ratcliffe’s offer and plans for Man United? Does his experience at OGC Nice leave more questions than answers? Let us know your opinion in the comments.
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