Sir Jim Ratcliffe is restructuring his bid for Manchester United to address concerns of minority shareholders and hopes to have his offer accepted in a potential sale process begun by the Glazers last November.
Ratcliffe, one of Britain’s richest people, has made an offer to become the majority shareholder in United by purchasing shares owned by the six American siblings. It is understood this was unattractive to the shareholders who own the remainder of the club, who include Lindsell Train, Ariel Investments LLC and Eminence Capital.
