Ineos Chair Jim Ratcliffe would pay over $1.5B for a 25% stake in Manchester United were his bid for the iconic soccer club to be accepted by the Glazer family that controls it, Reuters’ Anirban Sen reports, citing a person familiar with the matter. The terms of Ratcliffe’s bid infer a valuation on Manchester United of close to $6.5B, excluding its net debt of more than $600M, the source said. That is slightly higher than a rival offer from Qatar’s Sheikh Jassim bin Hamad al Thani for $100% of the Premier League club.
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