Glazers could retain Man Utd stake under Jim Ratcliffe bid – reports

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Joel and Avram Glazer could remain stakeholders at Manchester United under a deal being proposed by prospective new owner Sir Jim Ratcliffe, according to reports.

British businessman Ratcliffe, founder and chairman of the INEOS Group, is among those to have expressed an interest in buying the Premier League club.

It has been reported that one of the options on the table for the American owners would see Ratcliffe take a controlling stake of more than 50 per cent, with the two Glazers retaining a combined 20 per cent.

Soccer – Barclays Premier League – Manchester United v Burnley – Old Trafford
Joint chairmen Joel Glazer (right) and Avram Glazer (left) could remain as Manchester United stakeholders if Sir Jim Ratcliffe takes over at Old Trafford (Martin Rickett/PA)

American bank the Raine Group are facilitating the sale of the club, with Friday being the deadline for third bids to be submitted.

The Glazer family are considering either selling the club or bringing in external investment after announcing last November they were seeking “strategic alternatives”.

Manchester United v Sevilla – UEFA Europa League – Quarter Final – First Leg – Old Trafford
Manchester United fans have protested long and hard against the ownership of the Glazer family (Nick Potts/PA)

One other group known to be involved is American hedge fund Elliott Investment, which has made an offer for a minority stake, but it is unknown how many parties have entered the process.

It has been reported the Glazers value the club at £6billion.

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