The scenario that made MU change owners

The "drag-along" clause has just been activated, opening up the possibility of MU changing owners and forcing billionaire Ratcliffe Sir Jim to sell his shares.

Glazer could force Ratcliffe to sell his shares, opening up the opportunity to take over MU for a new partner.

According to British media, the terms of the contract to sell the Glazer family's shares to Sir Jim Ratcliffe have entered a decisive phase, opening up the possibility that the Old Trafford team could change ownership in the near future.

One of the key clauses, called "drag-along", was triggered, allowing the Glazer family to force Ratcliffe to sell his shares if the American owner decided to transfer MU to another partner.

The condition for the clause to take effect is that the Glazers must pay Ratcliffe £26 per share. However, the Daily Mail revealed that Sheikh Jassim and the Qatari side apparently have no plans to continue pursuing the acquisition of MU after the previous failed takeover.

In contrast, Jim Ratcliffe invested $300 million in the team. He believes that MU will come back stronger after restructuring. By upgrading the Carrington training center, Ratcliffe shows his long-term commitment to the club, while continuing to push for changes at MU.

The Red Devils have been owned by the Glazer family since 2005, when Malcolm Glazer bought a 98% stake in the club. After Malcolm's death in 2014, the running of the club was passed to his two sons, Joel and Avram.

However, Ratcliffe and INEOS will take a 25% stake in December 2023, creating a major change in the power structure at Old Trafford. Ratcliffe will mainly manage the sporting side, while the Glazers will have little involvement in decisions.

Source: https://znews.vn/kich-ban-khien-mu-doi-chu-post1578833.html