Sir Jim Ratcliffe gives rare update on Man Utd takeover as he admits losing would be ‘too excruciating’
SIR JIM RATCLIFFE has given a rare update on his hopes of taking over Manchester United and has admitted that losing would be “too excruciating”.
The British businessman has been in a battle with Sheikh Jassim over who can purchase the Manchester club off the Glazer family.
Ratcliffe seems to determined to be the winner in the race to acquire the Premier League club and not least because he doesn’t like losing.
Speaking in a video marking his company INEOS’ 25th anniversary, Ratcliffe has admitted losing out on purchasing United would be “excruciating.”
He said: “You can’t really contemplate acquiring a brand like Manchester United and failing because the failure is just far too public and too excruciating.”
Man United wouldn’t be Ratcliffe’s first football club, but rather his third.
The billionaire Brit is already the owner of Ligue 1 outfit OGC Nice and Swiss Super League team FC Lausanne-Sport.
And he has said that his previous experience with the other clubs has helped him to approach this bid for United.
“The Manchester United bid would have been unthinkable two or three years ago if we hadn’t had some of the experiences, and quite a few of them difficult experiences with Lausanne and Nice” he explained.
A potential deal could still collapse as reports have suggested that the Glazers are considering pulling the club from the shop window and waiting until 2025 to re-list it.
FREE BETS – BEST BETTING OFFERS AND BONUSES NEW CUSTOMERS
The club has found itself in the midst of a storm of chaos with the rumours of the sale coming to an end being compounded by record falls in the club’s share prices.
On top of the drama surrounding the future of the club there has also been a flurry of in house incidents regarding players.
Mason Greenwood has left to join Getafe on loan after the 21-year-old had charges dropped following his arrest for attempted rape, assault and coercive control.
Antony is currently taking a leave of absence after he faces allegations of physical attacks on his ex-partner.
Whilst Jadon Sancho is in the midst of a war of words with Erik ten Hag and has claimed he is being used as a scapegoat after he was left out the squad for Man Utd’s 3-1 loss to Arsenal.
MAN UTD NEWS LIVE: Stay up to date with all the latest takeover and transfer news from Old Trafford