Ratcliffe’s bid values the entire club slightly higher but his proposal is for a staged takeover that would leave some or all of the six Glazer siblings as minority shareholders, before buying them out at a later date. Only then would he consider making an offer to the remaining shareholders.
This approach means Ratcliffe, the founder of the Ineos petrochemicals empire, would have a smaller initial outlay but the Glazers would receive more money from him than the Qatari proposal.
Ratcliffe’s bid values the entire club slightly higher but his proposal is for a staged takeover that would leave some or all of the six Glazer siblings as minority shareholders, before buying them out at a later date. Only then would he consider making an offer to the remaining shareholders.
This approach means Ratcliffe, the founder of the Ineos petrochemicals empire, would have a smaller initial outlay but the Glazers would receive more money from him than the Qatari proposal.
Ratcliffe’s bid values the entire club slightly higher but his proposal is for a staged takeover that would leave some or all of the six Glazer siblings as minority shareholders, before buying them out at a later date. Only then would he consider making an offer to the remaining shareholders.
This approach means Ratcliffe, the founder of the Ineos petrochemicals empire, would have a smaller initial outlay but the Glazers would receive more money from him than the Qatari proposal.
Ratcliffe’s bid values the entire club slightly higher but his proposal is for a staged takeover that would leave some or all of the six Glazer siblings as minority shareholders, before buying them out at a later date. Only then would he consider making an offer to the remaining shareholders.
This approach means Ratcliffe, the founder of the Ineos petrochemicals empire, would have a smaller initial outlay but the Glazers would receive more money from him than the Qatari proposal.
Ratcliffe’s bid values the entire club slightly higher but his proposal is for a staged takeover that would leave some or all of the six Glazer siblings as minority shareholders, before buying them out at a later date. Only then would he consider making an offer to the remaining shareholders.
This approach means Ratcliffe, the founder of the Ineos petrochemicals empire, would have a smaller initial outlay but the Glazers would receive more money from him than the Qatari proposal.
Ratcliffe’s bid values the entire club slightly higher but his proposal is for a staged takeover that would leave some or all of the six Glazer siblings as minority shareholders, before buying them out at a later date. Only then would he consider making an offer to the remaining shareholders.
This approach means Ratcliffe, the founder of the Ineos petrochemicals empire, would have a smaller initial outlay but the Glazers would receive more money from him than the Qatari proposal.
Ratcliffe’s bid values the entire club slightly higher but his proposal is for a staged takeover that would leave some or all of the six Glazer siblings as minority shareholders, before buying them out at a later date. Only then would he consider making an offer to the remaining shareholders.
This approach means Ratcliffe, the founder of the Ineos petrochemicals empire, would have a smaller initial outlay but the Glazers would receive more money from him than the Qatari proposal.