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Manchester Evening News
Manchester Evening News
Sport
Jack Flintham

Who are Raine Group? US firm's role in Manchester United takeover explained

Manchester United's takeover has seen several parties come and go from the proceedings.

A host of names have been touted as being interested in buying the club since the Glazer's put the club up for sale in November. Most recently, Finnish businessman Thomas Zilliacus stepped away, declaring the price for the club had 'reached levels where investment no longer made sense'.

Yet two names remain in the process. Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe. Sheikh Jassim's offer is valued at $5bn (£3.9bn) with a further $1bn (£790m) of investment promised for 100 per cent of the club. Ratcliffe's bid is thought to be at $5bn but for 60 per cent of the club.

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