Glazer family’s sale of the football club has proven a protracted process
It is now more than 18 years since the late Malcolm Glazer and his family completed their much-protested takeover of Manchester United. Having confirmed last November that they were open to offers, the Glazer family’s sale of the club seems to be dragging on almost as long., the man in closest striking distance of the goal is chemicals billionaire Jim Ratcliffe, one of the richest people in Britain.
Sheikh Jassim had been pursuing a full takeover of the club before the seesawing negotiations led to his withdrawal. Chemicals mogul Ratcliffe is seeking – initially, at least – just a 25 per cent stake for £1.35 billion , for which he also wants an active say in the club’s football operations.Productivity ‘gains’ of working from home come under the microscope
Although the Premier League team’s fortunes on the pitch have been subdued for an extended period now, Manchester United is still ranked a creditable fourth – behind Manchester City, Real Madrid and Liverpool – in Deloitte’s Football Money League, which analyses clubs based on their revenues. And as evidenced by media coverage of the death of Bobby Charlton last Saturday, the club’s heritage continues to contribute significantly to its value.
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