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Sir Jim Ratcliffe considering minority stake bid for Manchester United

It has been 18 years since the Americans' controversial leveraged takeover and over 10 months since they announced a strategic review

Manchester United takeover bidder Sir Jim Ratcliffe(Image: VALERY HACHE/AFP via Getty Images)

Sir Jim Ratcliffe is considering changing his bid and buying a minority stake in Manchester United, according to reports.

Ineos founder Ratcliffe, who had attempted to buy Chelsea last year, and Sheikh Jassim made offers to buy United in February.

A lengthy takeover saga has followed with numerous further bids entered by both boyhood fan Ratcliffe and Sheikh Jassim, but no progress has been made over any potential change of ownership from the Glazer family, who announced in November they were open to selling the club.

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Manchester United’s valuation on the New York Stock Exchange plummeted by more than £500m last month in the wake of reports the Glazers may not sell.

It is now being reported that Ratcliffe, the second-richest person in the º£½ÇÊÓÆµ according to the Sunday Times Rich List, could decide to buy a minority stake in the Premier League giants.

Sky News report Ratcliffe may seek a stake in the region of 25% as part of a proposal to try to bring the drawn-out sale process to an end, having initially wanted to complete a majority takeover.