VIDEO: Sir Jim Ratcliffe Arrives At Man Utd To Begin Takeover Talks As Bidding Process Hots Up

As the bidding process enters a critical phase, Sir Jim Ratcliffe was spotted arriving at Manchester United to begin takeover negotiations.

In response to the Glazer family’s sale of Manchester United, Ratcliffe, the owner of the global chemicals giant INEOS, made a formal takeover offer.

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On Friday, the club’s chief executive officer, Richard Arnold, and the British millionaire were seen discussing the selling process further inside the club’s headquarters.

NEW | 1st pictures of British billionaire Sir Jim Ratcliffe arriving at Old Trafford with Ineos delegation to be met by Manchester United chief exec Richard Arnold for talks over potential takeover #ManUtd #ineos ⬇️ pic.twitter.com/0dUT0UvTNh

— Dan Roan (@danroan) March 17, 2023

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Ratcliffe and the Qatari entourage lead by Sheikh Jassim bin Hamad Al Thani are reportedly the front-runners in negotiations with the Red Devils about the sale of the club, which is now in discussion with eight potential buyers.

In fact, both parties acknowledged that obtaining a complete buyout of the Glazers’ Class B shares was in the public interest.

The next phase of United’s sale process began on Thursday with representatives of Al Thani meeting with club officials at Old Trafford. The 10 hour-long meeting lasted the entire day.

The conversations were said to have gone well, and it has since been claimed that they are getting ready to submit a better purchase offer for the team.

Erik ten Hag‘s team is getting ready to meet Fulham in an FA Cup quarterfinal match on Sunday as the selling process heats up in the higher echelons of Old Trafford.