Prospective proprietor Sir Jim Ratcliffe says he won’t pay a “stupid” value for Manchester United.
The INEOS chief government and his crew held talks with the membership final Friday throughout a go to to Old Trafford and the Carrington coaching complicated.
In an interview with the Wall Street Journal, the 70-year-old stated: “How do you decide the price of a painting? How do you decide the price of a house? It’s not related to how much it cost to build or how much it cost to paint.
“What you don’t want to do is pay stupid prices for things because then you regret it subsequently.”
However, Ratcliffe, who already owns French membership Nice, stated his curiosity in United could be “purely in winning things”, calling the membership a “community asset”.
It was introduced in November that United’s house owners, the Glazer household, had been conducting a strategic overview and a sale was one possibility being thought of.
Ratcliffe is considered one of two events to have publicly introduced their bids to Raine, the service provider financial institution introduced in to help the membership in assessing provides.
The different is Qatari banker Sheikh Jassim Bin Hamad Al Thani, whose delegation visited United the day earlier than Ratcliffe’s journey.
Elliott Investment Management has additionally reportedly made it via to the second stage of the method, though the agency is claimed to offer funding somewhat than a takeover.