{"id":295346,"date":"2023-10-23T23:25:11","date_gmt":"2023-10-23T23:25:11","guid":{"rendered":"https:\/\/usasportsradar.com\/?p=295346"},"modified":"2023-10-23T23:25:11","modified_gmt":"2023-10-23T23:25:11","slug":"keys-criticises-ratcliffe-over-delays-to-his-investment-in-united","status":"publish","type":"post","link":"https:\/\/usasportsradar.com\/soccer\/keys-criticises-ratcliffe-over-delays-to-his-investment-in-united\/","title":{"rendered":"Keys criticises Ratcliffe over delays to his investment in United"},"content":{"rendered":"<h1>Richard Keys criticises Sir Jim Ratcliffe over delays to his proposed investment in Manchester United and questions whether the deal will actually happen<\/h1>\n<ul>\n<li><strong>Richard Keys has criticised\u00a0Sir Jim Ratcliffe regarding his delayed investment<\/strong><\/li>\n<li><strong>Keys is sceptical over Ratcliffe&#8217;s proposed investment in Manchester United\u00a0<\/strong><\/li>\n<li><strong>Listen to the latest episode of Mail Sport&#8217;s podcast &#8216;It&#8217;s All Kicking Off!&#8217;\u00a0<\/strong><\/li>\n<\/ul>\n<p>Richard Keys has criticised Sir Jim Ratcliffe for the delays to his proposed investment in Manchester United.<\/p>\n<p>Ratcliffe&#8217;s deal for a 25 per cent stake in United may not be completed in time for the opening of the January transfer window.\u00a0<\/p>\n<p>Insiders have warned that a final agreement could take weeks and beIN Sports presenter Keys raised questions regarding whether the deal will actually happen.<\/p>\n<p>Keys also stated that it is unlikely that United supporters will tolerate the Glazers remaining in control at the club despite Ratcliffe&#8217;s investment.<\/p>\n<p>In addition, Keys cited an article from the Mail on Sunday, in which it was revealed that Ratcliffe is using loans from\u00a0Goldman Sachs and JP Morgan to fund his deal.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/23\/23\/76912881-0-image-a-120_1698100615803.jpg\" height=\"413\" width=\"634\"><\/p>\n<p>Richard Keys criticised Sir Jim Ratcliffe over delays to his investment in Manchester United<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/23\/23\/76912925-0-image-a-121_1698100646521.jpg\" height=\"390\" width=\"634\"><\/p>\n<p>Keys criticised Ratcliffe for\u00a0using loans from Goldman Sachs and JP Morgan to fund his deal<\/p>\n<p>Your browser does not support iframes.<\/p>\n<p>Keys wrote on\u00a0his blog: &#8216;What\u2019s the reason for the takeover delay Sunny Jim? What a mess. Are we convinced that Ratcliffe\u2019s bid for Utd will ever actually happen? Does he really think that Utd fans will tolerate the Glazers staying firmly in control of the club despite his potential investment?\u00a0<\/p>\n<p>&#8216;And I read that he\u2019s actually borrowing money to make it happen &#8211; using loans from Goldman Sachs and JP Morgan according to Nick Harris in The Mail on Sunday. Incredible. Absolutely incredible.&#8217;<\/p>\n<p>Sheikh Jassim and his group had\u00a0offered to clear the debts and pay cash for 100 per cent of the club, but their offer fell short of the Glazers&#8217; \u00a36bn asking price.<\/p>\n<p>After a prolonged impasse, Ratfcliffe submitted an adjusted offer, believed to be in the region of \u00a31.4bn, for a 25 per cent stake in the club in the first step in what is being viewed as a staged buyout.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/23\/23\/76913243-12663987-image-a-134_1698101642723.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Keys is sceptical over whether Ratcliffe&#8217;s proposed investment in United will actually happen<\/p>\n<p>There remains some doubt even around which shares Ratcliffe might initially purchase.<\/p>\n<p>One possibility is that Ratcliffe will buy a quarter of the Glazer family\u2019s \u2018B\u2019 shares, which come with increase voting rights; the Glazers collectively own 69 per cent of United for now, so a quarter of those shares would be 17.25 per cent of United.<\/p>\n<p>As part of the proposal, Ratcliffe&#8217;s group will take control of the football side at Old Trafford with a mission to reverse a decade-long decline on the pitch.<\/p>\n<p>And a number of executives could be shown the door at Old Trafford, with Ratcliffe expected to appoint his own staff.<\/p>\n<h3>IT&#8217;S ALL KICKING OFF!\u00a0<\/h3>\n<p><span><span>It&#8217;s All Kicking Off is an exciting new podcast from Mail Sport that promises a different take on Premier League football.<\/span><\/span><\/p>\n<p><span><span>It is available on MailOnline, Mail+, YouTube, Apple Music and Spotify.<\/span><\/span><\/p>\n<p>Your browser does not support iframes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/i\/pix\/2017\/08\/02\/636x90_facebook_ad_sport.png\" width=\"636\" height=\"90\"><br \/>\nSource: <a href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-12663987\/Richard-Keys-criticises-Sir-Jim-Ratcliffe-delays-proposed-investment-Manchester-United-questions-deal-actually-happen.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Richard Keys criticises Sir Jim Ratcliffe over delays to his proposed investment in Manchester United and questions whether the deal [&#8230;]<\/p>\n","protected":false},"author":2,"featured_media":295345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - 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