Raine Group Boss Denies Ratcliffe's Statement, Reveals Reasons Why Sheikh Jassim Cancel Buying Manchester United

Liputan6.com, Jakarta- After going through a long and steep road, Manchester United finally had new investor Sir Jim Ratcliffe. The British conglomerate managed to overtake at the final corner its main competitor from Qatar, Sheikh Jassim bin Hamad al Thani.

As the owner knows YOUR The Glazer family decided to sell the club in November 2022. However, the process was so complicated that in the end the Glazer family only sold a minority stake of 27.7 percent to Ratcliffe.

The sale of MU has become a hot issue throughout 2023. Sheikh Jassim was once the favorite because he wanted to buy 100 percent of the Red Devils' shares from the Glazer Family. MU fans also really want Sheikh Jassim to buy the club so they can make a breakthrough like Sheikh Mansour at Manchester City.

Unfortunately, Sheikh Jassim's negotiation process with the Raine Group, which was handed over the power to manage the sale of the club by the Glazer family, was never completed. The Glazer family then found a way that was profitable but still allowed them to own MU. The Glazer family decided to accept Ratcliffe's proposal to only buy a small share of the club.

Raine Group boss Joe Ravitch in mid-March 2024 was outspoken about the MU purchase drama in an interview with The Times. First of all, Ravitch denied Sir Jim Ratcliffe's statement that mocked Sheikh Jassim as a fictitious figure some time ago. Ravitch admitted that he had actually met Sheikh Jassim in person.

“We met Jassim. He's a good guy; a very intelligent man. Qataris are the real deal. They are very smart people, very wise. “I don't know why they don't appreciate (the club's) values ​​but we are not their advisors,” Ravitch said.