Jim Ratcliffe’s third bid stance explained amid fresh deadline for final round of offers

Manchester United’s sale process will enter a third round of bidding this evening, with the deadline reportedly set for 10pm BST.

Reports circulated last week regarding a potential link-up between Ratcliffe and chairmen Joel and Avram Glazer, which sparked anger among fans at the prospect of the current owners staying at the club.

However, Ben Jacobs has assured that the Englishman’s stance heading into the third round remains for control of United. Ratcliffe does not want the two Glazer brothers to have voting power with Class B shares.

Should he be successful in the bidding war, there would be a new structure in place that sees the Americans become minority holders.

Qatar readying third bid

Sheikh Jassim bin Hamad Al Thani is also preparing a third and final offer for a full takeover of the club, though it’s currently unconfirmed how his bid will improve from the last one.

The asking price set by the Glazers is believed to be in the region of $7 billion.

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