Thursday September 21, 2023
The Best Employers in Sports Survey is Now Open!

Jim Ratcliffe, INEOS Reportedly Top Manchester United Bidders

  • The Glazer family will sell their majority of the club to Sir Jim Ratcliffe and INEOS, according to The Sun.
  • Within the next several days, the Raine Group — which is in charge of the sale — will officially announce the winning bid.
Manchester United players celebrate.
MUFC
Front Office Sports Today

Could Promotion-Relegation work in College Football?

The proposal aims to create an exciting media product while reducing travel for non-football sports.
Listen Now
September 21, 2023 | Podcast
Linkedin
Copy Link
Link Copied
Link Copied

After months of drama over a possible sale, Manchester United may have finally chosen a bidder.

The Glazer family will sell the majority of the club to British billionaire Jim Ratcliffe and INEOS, according to The Sun. Within the next several days, the Raine Group — which is in charge of the sale — will officially announce the winning bid.

Premier League champion banner outside of Manchester City's Etihad Stadium

Man City Plan Capacity Increase With $373M Stadium Renovation

Manchester City plans to Etihad Stadium’s capacity to around 61,000.
April 18, 2023

Reports suggest that Ratcliffe is offering more than $6.3 billion for a majority stake that could still allow other private equity firms to invest. The Carlyle Group, Ares Management, and Elliott Management could all be potential bidders.

The prospective deal would make Qatari banker Sheikh Jassim bin Hamad Al Thani the runner-up. 

He recently offered $1 billion toward new facilities at Old Trafford, in addition to $6.3 billion to buy 100% of the team — but the club’s interests apparently lie elsewhere.

An Arduous Process

The sale process, which first began in November, has seen three grueling rounds of bidding, drawn out to the point that many have questioned whether the Glazers want to sell the team at all.

The last deadline was April 28. A new owner was supposed to be announced by May 8, a date that passed without an official announcement.

The Glazers are extremely unpopular with United fans, who have publicly protested what they see as the family’s failed stewardship of the club.

Linkedin
Copy Link
Link Copied
Link Copied

What to Read

A view of the Spurs club badge on the exterior of Tottenham Hotspur Stadium in London.

Tottenham, Valued At $2.8B, Says It's Open To Stake Sale

The club's chairman says new minority investors could come on board.

England Women’s Team Resolves Pay Dispute After WWC Success

Agreement arrives a month after the end of the 2023 Women's World Cup

Adidas CEO Stands Behind Ye Nearly Year After Brand Cut Ties

Gulden's comments mark rare and surprising corporate move
Chelsea-FC

Chelsea Gets $500M For Stadium Projects, Club Acquisitions

The Premier League club is receiving crucial new investment.
podcast thumbnail mobile
Front Office Sports Today

Could Promotion-Relegation work in College Football?

0:00
0:00

Featured Today

Rupert Murdoch's Exit Leaves Lasting Fox Sports Legacy

Rupert Murdoch steps down as chairman of Fox Corp. and News Corp.
Could ESPN lose events such as the NBA Finals if it sold ABC.
September 21, 2023

Selling ABC Poses Billion-Dollar Dilemma for Disney and ESPN's Future

Losing ABC would create complications as ESPN enters NBA rights negotiations.
Boise State Broncos running back Ashton Jeanty (2) runs the ball against the North Dakota Fighting Hawks during the first half at Albertsons Stadium.
exclusive
September 20, 2023

The First Official Proposal for Promotion-Relegation In College Football

Realignment is forcing Group of 5 schools to rethink their structure.
A general view of Robert F. Kennedy Memorial Stadium Stadium.
September 20, 2023

Political Support Grows for RFK Stadium Bill

The Commanders exited RFK after the 1996 NFL season for FedEx Field.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
Chicago
Fanatics
New York
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations

Royals Miss Self-Imposed Deadline To Select Stadium Site

Ongoing discussions with Jackson, Clay Counties prompt timetable shift
September 19, 2023

Rays Eye Much More Stable Future With Stadium Deal

Ballpark deal ends years of relocation rumors
September 18, 2023

Wisconsin Legislators Make Renewed Pitch To Keep Brewers

Republican-led effort looks to retain MLB club in the state
September 18, 2023

Delay Around Brady's Raiders Stake Sparks Questions

Tom Brady's purchase of a stake in the Raiders is still pending.
September 18, 2023

Orioles’ Angelos Says Staying In Baltimore ‘A Given’

Reclusive Angelos conveys new confidence of new lease deal
September 18, 2023

Rays Reportedly Set To Announce Long-Awaited Stadium Deal

Anticipated deal ends nearly two decades of unsuccessful efforts toward new ballpark
Ottawa-Senators-Players
September 17, 2023

Senators $950M Sale Will Reportedly Be Completed This Week

Michael Andlauer is buying the team for an NHL record price.
The average resale price for Liberty-Mystics at Barclays Center is $100, a 28% jump over all WNBA regular season games.
September 15, 2023

Liberty-Mystics Is Best-Selling Playoff Series of WNBA’s First Round

The average resale price for Mystics-Liberty at Barclays Center is $100.