Man United takeover twist emerges as Glazers feel Sir Jim Ratcliffe 'discontent'

Man United takeover twist emerges as Glazers feel Sir Jim Ratcliffe 'discontent'

Manchester United news as information of Sir Jim Ratcliffe's relationship with the Glazers emerges after another Premier League defeat

Sir Jim Ratcliffe and the Glazers

Manchester United majority owners, the Glazer family, have the option to remove Sir Jim Ratcliffe from the club's hierarchy structure later this year, according to reports.

Ratcliffe invested £1.25billion for a 28.9 per cent stake in the football club in 2024 following months of negotiations. Since then, the Ineos chief has overseen a number of drastic decisions as the key figure in United's football-related strategy.

‌

A series of redundancies to staff members, the decision to keep Erik ten Hag to then sack him not long later and other decisions have all ruffled feathers among supporters. Now, according to The Athletic, the Glazers have been rubbed the wrong way and there is growing discontent around two decisions.

‌

The report claims that Sir Jim's efforts to hold ExCo meetings in locations that are more suited to himself. His push to host meetings in Monaco is said to have been inconvenient for the Glazers to attend.

Furthermore, it's also claimed that Ratcliffe's nature in his recent public interviews didn't go down well with some alongside him. The report from The Athletic suggest that his statement that United were at risk of 'going bust by Christmas" didn't sit right with the Americans.

It's claimed that the Glazers would have the opportunity to activate their drag-along rights if interest of a full takeover emerges. Ratcliffe does, however, have the chance to counter any offers for their Class B shares, which hold more power than Class A shares.

Article continues below

The Englishman would in that instance have to accept a full sale if he doesn't match the offer. Interest from a third party could put Ratcliffe's involvement into jeopardy with the drag-along rights reportedly coming into play in just three months.

That will mark the year-and-a-half mark of his investment in the football club. It's claimed that Ratcliffe can sell his shares within the following 18 months and make all his money back, but beyond that, he would be obliged to accept whatever the Glazers may sanction - although there is no suggestion this situation is likely to happen as things stand.

Get United transfer news and updates on WhatsApp! Our team of Manchester United experts are on top of all the goings-on at Old Trafford for this week and beyond, and you can get the latest team news, injury updates, reaction and analysis along with inside information to your phone by joining our new free WhatsApp community. You can also join the 50,000 (and growing!) band of United fans who are following our WhatsApp Channel. Sign up to our community here, and join our WhatsApp channel here. -- We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don’t like our community, you can check out any time you like. If you’re curious, you can read our Privacy Notice .

‌

Here at The Manchester Evening News, we are dedicated to bringing you the best Manchester United coverage and analysis.

Make sure you don't miss out on the latest United news by joining our free WhatsApp group. You can get all the breaking news and best analysis sent straight to your phone by clicking here to subscribe.

You can also subscribe to our free newsletter service. Click here to be sent all the day's biggest stories.

Article continues below

And, finally, if you would rather listen to our expert analysis then make sure to check out our Manchester is Red podcast, featuring The Samuel Luckhurst Show and The Midweek Debate. Our shows are available on all podcast platforms, including Spotify and Apple Podcasts, and you can also watch along on YouTube.

Click here to read article