– Ratcliffe slammed for ‘borrowing money’ to buy Man Utd in ‘incredible’ investment delay

  • 📰 F365
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Richard Keys has hit out at Sir Jim Ratcliffe over the delay to his potential investment in Manchester United and insists fans won't tolerate the Glazers.

Richard Keys has hit out at Sir Jim Ratcliffe over the delay to his potential investment in Manchester United and insists fans won’t tolerate the Glazers still being part of the club.

“And I read that he’s actually borrowing money to make it happen – using loans from Goldman Sachs and JP Morgan according to Nick Harris in The Mail on Sunday. Incredible. Absolutely incredible.”But former Crystal Palace owner Simon Jordan thinks Neville “is playing to his gallery to make sure that he’s popular with the United fanbase”.

“So you can huff and you can puff, but you ain’t blowing their house down any time soon and the only thing that’s going to do that is the economic transaction that details that they get what they want. “But the bottom line is, if they’re buying the Glazers’ shares, not issuing new shares, the Glazers are pocketing the money. There’s no money going into the football club, so where is the development of this new stadium coming from?

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ratcliffe investment timeframe revealed as he undertakes Man Utd transfer ‘audit’Sir Jim Ratcliffe has started an 'audit' into the recent transfer history at Manchester United as he wants to ensure the same mistakes are not repeated.
Source: F365 - 🏆 5. / 97 Read more »

Man Utd legend Rio Ferdinand breaks silence on Jim Ratcliffe investment and fears ‘player turmoil’...RIO FERDINAND has told Sir Jim Ratcliffe to reveal his grand plans for Manchester United or risk more dressing-room turmoil. Ratcliffe, 71, is set to buy a 25 per cent stake in the club in a £1.3bi…
Source: TheSun - 🏆 64. / 61 Read more »