Sir Jim Ratcliffe’s takeover bid for Man Utd includes a specific ‘clause’ which could ‘force’ out the Glazer family according to reports
The bid will initially leave the Glazer family with a share in the club,something that has upset fans who would rather the family ties with the club end with the take over
According to Sky News the proposal includes a so-called “put and call” agreement which, if triggered, would pave the way for the complete exit of the Glazers as shareholders in 2026.
The option would either force the Glazers to sell their remaining shares or compel Ratcliffe to purchase them by specific dates in the future, sources said.
It is understood that Ratcliffe’s initial offer, which would see Ineos buyout the Glazers’ 69 per cent shareholding in its entirety if accepted, also remains on the table.
