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Sir Jim Ratcliffe “cautiously optimistic” over Manchester United bid
The Manchester United sale process is slowly progressing even though at the time of writing (Tuesday morning) there is no preferred bidder.
Raine Group, who are handling the sale, are now talking to both Sir Jim Ratcliffe and representatives from Sheikh Jassim’s Nine Two Foundation. There are a lot of games taking place, which is normal at this stage, especially for a transaction of this magnitude.
Sir Jim Ratcliffe is “cautiously optimistic” his offer for ‘control’ will succeed. But as of last week, he was not informed he was the preferred bidder. It’s a flexible bid that allows Joel and Avram to stay at the club but without their Class B voting power.
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