Jim Ratcliffe city London city Manchester Jim Ratcliffe city London city Manchester

Manchester United bidders poised for first meetings with club to discuss sale

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Sheikh Jassim bin Hamad al-Thani and Sir Jim Ratcliffe are expected to hold first meetings with Manchester United over the next fortnight regarding their respective bids to buy the club.It is understood that if no agreement is reached before the end of the season this may put a deal in jeopardy.

The new owner would ideally want to put in place a transfer policy for the summer window.Thani and Ratcliffe are intent on moving forward a process that has stalled as the Glazers hold out for a price closer to their £6bn valuation.

Thani, via his Nine Two Foundation, and Ratcliffe, who owns Ineos, have bid no more than £4.5bn.These discussions may be face to face if possible, in London or Manchester, and may initially include representatives of Thani and Ratcliffe, the United hierarchy and the Raine Group, which is conducting the sale for the Glazers.There is also thought to be interest from investors seeking a minority share in United, though nothing in this regard has been made public.

Read more on theguardian.com
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