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Monday briefing: Jim Ratcliffe closing in on 25 per cent Man Utd stake after Sheikh Jassim withdraws bid

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16 October 2023 - 4:30 AM

British billionaire businessman Sir Jim Ratcliffe is reported to be close to acquiring a 25 per cent stake in Manchester United after Sheikh Jassim bin Hamad Al Thani withdrew from the process to buy the club.

According to the BBC, the latest talks between Sheikh Jassim and the Old Trafford club broke down last week. The Qatari banker’s bid of more than £5 billion was understood to have been the only offer for 100 per cent of United.

It has been widely reported that the cl

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