Share this @internewscast.com

<!–

<!–

<!–

<!–

<!–

<!–

Richard Keys has criticised Sir Jim Ratcliffe for the delays to his proposed investment in Manchester United.

Ratcliffe’s deal for a 25 per cent stake in United may not be completed in time for the opening of the January transfer window. 

Insiders have warned that a final agreement could take weeks and beIN Sports presenter Keys raised questions regarding whether the deal will actually happen.

In addition, Keys cited an article from the Mail on Sunday, in which it was revealed that Ratcliffe is using loans from Goldman Sachs and JP Morgan to fund his deal. 

Richard Keys criticised Sir Jim Ratcliffe over delays to his investment in Manchester United

Richard Keys criticised Sir Jim Ratcliffe over delays to his investment in Manchester United

Richard Keys criticised Sir Jim Ratcliffe over delays to his investment in Manchester United

Keys criticised Ratcliffe for using loans from Goldman Sachs and JP Morgan to fund his deal

Keys criticised Ratcliffe for using loans from Goldman Sachs and JP Morgan to fund his deal

Keys criticised Ratcliffe for using loans from Goldman Sachs and JP Morgan to fund his deal

Keys wrote on his blog: ‘What’s the reason for the takeover delay Sunny Jim? What a mess. Are we convinced that Ratcliffe’s bid for Utd will ever actually happen? Does he really think that Utd fans will tolerate the Glazers staying firmly in control of the club despite his potential investment? 

‘And I read that he’s actually borrowing money to make it happen – using loans from Goldman Sachs and JP Morgan according to Nick Harris in The Mail on Sunday. Incredible. Absolutely incredible.’

Sheikh Jassim and his group had offered to clear the debts and pay cash for 100 per cent of the club, but their offer fell short of the Glazers’ £6bn asking price.

After a prolonged impasse, Ratfcliffe submitted an adjusted offer, believed to be in the region of £1.4bn, for a 25 per cent stake in the club in the first step in what is being viewed as a staged buyout.

Keys is sceptical over whether Ratcliffe's proposed investment in United will actually happen

Keys is sceptical over whether Ratcliffe's proposed investment in United will actually happen

Keys is sceptical over whether Ratcliffe’s proposed investment in United will actually happen

There remains some doubt even around which shares Ratcliffe might initially purchase.

One possibility is that Ratcliffe will buy a quarter of the Glazer family’s ‘B’ shares, which come with increase voting rights; the Glazers collectively own 69 per cent of United for now, so a quarter of those shares would be 17.25 per cent of United.

As part of the proposal, Ratcliffe’s group will take control of the football side at Old Trafford with a mission to reverse a decade-long decline on the pitch.

And a number of executives could be shown the door at Old Trafford, with Ratcliffe expected to appoint his own staff.

IT’S ALL KICKING OFF! 

It’s All Kicking Off is an exciting new podcast from Mail Sport that promises a different take on Premier League football.

Share this @internewscast.com
You May Also Like

Liverpool Might Swoop in on Newcastle’s Transfer Target Following Interest in Alexander Isak

Liverpool are looking to continue their blockbuster summer transfer window with a…

Lions Overlook Star Players: Tom Curry Triumphs in Selection for First Test Against Australia; Farrell Urges Irish-Inspired Team to Elevate Performance

Andy Farrell has revealed a Lions starting line-up that includes eight Ireland…

Shankland’s Penalty Brace Secures Dream Start for Hearts’ Boss McInnes at Tynecastle

Lawrence Shankland laid a marker with two penalties in the space of…

Heartbreaking Moment for Matildas Fans: Sam Kerr and Fiancée’s Australian Photos Could Signal Changes in Her Career

Sam Kerr and Kristie Mewis have been exclusively pictured inspecting work on…

On The Field: Our Reporter Takes a Fall in Walking Football—Discovering What Makes This Sport So Unique!

Moments of clarity can come out of the air with the velocity…

Manchester United Increases Offer to £70 Million for Bryan Mbeumo in Race Against Spurs for Forward

Manchester United has made strides to break the impasse in negotiations with…

Chelsea Were Once Football’s Punchline But Are Now a Victory Away from Gaining Respect, Writes Kieran Gill

Silly, spendthrift, squandering Chelsea. More money than Scrooge McDuck. Less sense than…

Arsenal Unveils Stylish Pre-Match Shirt Inspired by Notting Hill Carnival

Arsenal have showcased some exceptionally flashy kits throughout the years, ranging from…

Manchester United’s Dilemma: Jadon Sancho’s Transfer Value Plummets, Player Allegedly Drives to Training Without a License, and Ruben Amorim’s Restrictions Limit Potential Buyers

If you happen to be in Manchester or Cheshire and take a…

Saudi Leaders Poised for World Record Offer on Real Madrid Star — Surpassing Neymar’s Fee by £100 Million

Saudi dealmakers are considering a world-record bid for Vinicius Jr, talkSPORT understands.…

David Raya Makes a Grand Entrance at His Wedding in a Giant Inflatable Tuxedo

David Raya’s wedding was always going to be unforgettable – and he…

Manchester United Hires Olympic Icon to Lead Stadium Development

Manchester United has chosen Olympic icon Lord Sebastian Coe to lead the…