13

Ineos will explore how to expand a rebuilt Old Trafford into a 90,000-seat stadium if Sir Jim Ratcliffe is successful with his offer to buy a stake in Manchester United. The petrochemicals billionaire is hoping to hear on Thursday that the United board has approved his offer for 25 per cent of A and B shares for up to £1.3 billion, with Ineos taking over the football side of the business from the Glazer family as part of the deal. Ratcliffe’s offer, which is set to break months of deadlock in talks with the Glazers, is expected to be the first phase of what would become a full takeover. If the deal is approved this week, Ineos will hope that significant changes in performance structure

top 1 comments
sorted by: hot top controversial new old
[-] Motecuhzoma@lemmy.world 7 points 1 year ago

Smells like a brief from INEOS

this post was submitted on 16 Oct 2023
13 points (88.2% liked)

Red Devils

920 readers
2 users here now

All things Manchester United.

New to the community? Come say hi in the Welcome thread.

Got any suggestions on how we can improve and grow as a community? Let us know!

Basic rules:

  1. Fuck the Glazers
  2. Be civil to each other
  3. No non-Manchester United/football content. Non-United content is allowed if it affects United in some way. Otherwise, use the Daily Discussion Thread
  4. Fuck the Glazers
  5. Before posting news, please refer to the Journalist Reliability Guide
  6. Keep it legal - no streams please :)
  7. Have fun!
  8. Fuck the Glazers

founded 1 year ago
MODERATORS