Manchester United takeover: The 12 who will decide on Ratcliffe bid and the voting rules

South Africa News News

Manchester United takeover: The 12 who will decide on Ratcliffe bid and the voting rules
South Africa Latest News,South Africa Headlines
  • 📰 The Athletic UK
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

A partial sale has moved closer at Old Trafford and the days ahead could be pivotal. Who and how will United's fate be decided in key vote?

’s board is set to meet this week after British billionaire Sir Jim Ratcliffe moved closer to securing a minority stake in the club. The 12-strong board needs to vote on selling a 25 per cent stake to Ratcliffe, but a deal must first be finalised with the owners, the Glazer family, after Sheikh Jassim’s Qatari group claimed to have withdrawn from the race.

Who are the 12 who can decide United’s fate? United’s board of directors is led by co-chairmen Joel and Avram Glazer, the two brothers who assumed control at Old Trafford in April 2006 after former owner Malcolm Glazer, their father, suffered a stroke. Advertisement Joel is the member of the family most involved in day-to-day operations, with sign-off on major decisions, and has the largest stake of any of the Glazer siblings at 19 per cent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Athletic UK /  🏆 123. in UK

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Manchester United takeover: How local lad Sir Jim Ratcliffe built a business empireManchester United takeover: How local lad Sir Jim Ratcliffe built a business empireThe INEOS founder had humble local origins but his ruthless streak took him to the top of his field and put him in contention to own United
Read more »

What kind of Manchester United owner would Sir Jim Ratcliffe make?What kind of Manchester United owner would Sir Jim Ratcliffe make?Ratcliffe wants to buy Manchester United, after a failed move for Chelsea
Read more »

Manchester United suitor Sir Jim Ratcliffe: How has he done with his other clubs?Manchester United suitor Sir Jim Ratcliffe: How has he done with his other clubs?Sir Jim Ratcliffe is a boyhood United fan who owns Nice and Lausanne-Sport. This is how those two clubs have fared under him...
Read more »

Jim Ratcliffe: What Nice fans think of their owner and his Manchester United takeover bidJim Ratcliffe: What Nice fans think of their owner and his Manchester United takeover bidRatcliffe has brought investment in players and infrastructure to Nice, and there are mixed feelings in France about his latest venture
Read more »

Sir Jim Ratcliffe needs to deliver his Nice promise at Manchester UnitedSir Jim Ratcliffe needs to deliver his Nice promise at Manchester UnitedProspective Man United investor Sir Jim Ratcliffe needs to put the club's supporters at the very heart of his decision-making.
Read more »

Manchester United takeover news LIVE Sir Jim Ratcliffe latest as Glazers consider offerManchester United takeover news LIVE Sir Jim Ratcliffe latest as Glazers consider offerKeep up to date with all the latest Man Utd takeover news, transfer rumours and updates in today's live blog.
Read more »



Render Time: 2025-02-27 11:57:54