BRITAIN’S richest man Sir Jim Ratcliffe has made a MAJOR move in an effort to land Manchester United.
The Glazer family who currnetly own the club announced they had put them up for sale in November after 17 years of ownership.
A spokesperson for Ratcliffe at the time said: “We have formally put ourselves into the process.”
And now the owner of Ineos and French club Nice has hired a pair of Wall Street giants to help advise him on the takeover.
According to Bloomberg, JP Morgan and Goldman Sachs have both been recruited to help Ratcliffe with his bid.
The unpopular Glazer family want to sell United for £6billion, but such a sum is unlikely to be reached.
Instead, a more realistic range of £4.1bn-£4.5bn is being estimated.
Speculation has been rampant on who the potential new owners could be, with a deadline of February 17 set for bids to be submitted.
Recent reports have suggested a remarkable bid has been launched from a Qatar-based group, with talks already underway for a £4.5bn takeover.
Ratcliffe first registered his interest in buying an English club last year.