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Sir Jim Ratcliffe’s INEOS are preparing a bid for Manchester United ahead of Friday’s 10pm deadline that would enable Avram and Joel Glazer to remain stakeholders in the club.
INEOS are proposing to own just over 50 per cent of the club, meaning the Glazers could retain their stake of about 20 per cent.
The other leading bidder, Qatar’s Sheikh Jassim, will make an offer to buy 100 per cent of the club, with the Glazers wanting at least £6bn.
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