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Manchester Evening News
Manchester Evening News
Sport
George Smith

Sir Jim Ratcliffe issues Manchester United takeover update and rules out renaming Old Trafford

Prospective owner Sir Jim Ratcliffe has said that Ineos are still "in the process" of attempting to win the Manchester United takeover battle.

The chemical giant, who is led by boyhood United supporter Ratcliffe, remains one of the frontrunners to complete a takeover, alongside Qatari banker Sheikh Jassim bin Hamad Al Thani. Ratcliffe's bid is to secure a majority stake while Sheikh Jassim wants full control of the club.

The battle to secure the keys to Old Trafford is now more than seven months old, with the Glazer family so far refusing to bring the saga to a conclusion. Both Ineos and Sheikh Jassim have each tabled a collection of bids, with the latter presenting a fifth bid last month.

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