MU: INEOS takeover completed before Christmas?

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By: Nicolas Gerbault

Still no white smoke in the Manchester United sky but the takeover is becoming clearer. According to information from The Athletic this Friday, Manchester United leaders reportedly met Sir Dave Brailsford, director of the INEOS sports division, and Jean-Claude Blanc, current managing director of the petrochemical company, at Old Trafford. During this meeting, the forces present would have chosen the beginning of next week to finalize the sale of the Mancunian club to Sir Jim Ratcliffe, valued at 1.25 billion pounds sterling, on the sidelines of the Champions League confrontation against at Bayern Munich on Tuesday evening.

If this transaction, carried out through a public purchase offer for 25% of MU shares, were to be concluded, the boss of INEOS would obtain at the same time two key positions within the board of directors of the Red Devils, one of which could be occupied by Jean-Claude Blanc. Finally, the British tabloid adds that the British businessman plans to inject several million pounds sterling, from his personal fortune, into the modernization of Old Trafford as well as the improvement of the infrastructure of the camp. Carrington training. Please note, however, that this additional investment should have no impact on the debt level of the North-British formation.