SIR Jim Ratcliffe won the battle for control at United after 10 parties submitted initial offers or indications of interest to Raine for a stake or ownership of the club.
The US bank were contacted by more than 170 parties interested in the club between November 2022 and the start of 2023, before the process was streamlined in the first two weeks of February, at which point Ratcliffe's talks with the bank tasked with overring the strategic review intensified.
In new filings to the New York Stock Exchange, after Ratcliffe agreed to take a 25 per cent stake in the club, it has been revealed that the first round of bids saw seven expressions of interest for taking a minority investment in United, while Ratcliffe's first proposal was to take a controlling stake by purchasing Class B shares, rather than the Class A shares the Glazer's wished to sell.
After months of talks, a deal was eventually agreed for Ratcliffe to purchase Class A and Class B shares and the documents revealed he will own 27.69pc of United, which comes with a voting interest of 28.71pc.
Denne historien er fra January 18, 2024-utgaven av Manchester Evening News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 18, 2024-utgaven av Manchester Evening News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
DON'T PANIC
KOVACIC CONFIDENT BLUES CAN OVERCOME SLUMP
Zlatan not ruling out Vic switch
AC MILAN advisor Zlatan Ibrahimovic has refused to rule out the possibility of United centre-back Victor Lindelof joining the Italian club next summer.
Carsley gives respect to Ireland after Greece win
INTERIM boss Lee Carsley says celebrations are on ice as England look to follow up their impressive win in Greece by sealing promotion back to the Nations League top tier by beating the Republic of Ireland.
Young Heskey aims to step out of dad's shadow with Blues
\"IT'S the normal,\" says one of the latest City academy strikers catching attention in describing his upbringing.
Safety pledge for Brits going overseas for ops
THE Health Secretary has said he will work to improve safety for Britons travelling abroad for cosmetic procedures in the wake of several deaths.
£15m 'wasted' on migrant camp site
THE Home Office spent £15m buying a derelict prison contaminated with asbestos amid political pressure to stop housing migrants in hotels, according to Whitehall's spending watchdog.
Experts: Climate talks 'no longer fit for purpose'
THE process of UN climate negotiations is no longer fit for purpose and requires a comprehensive overhaul, leading experts have warned.
McCall reveals tumour diagnosis
CELEBRITIES have flocked to wish Davina McCall well after she revealed she has been diagnosed with a brain tumour, with fellow TV presenter Amanda Holden sending \"so much love\".
'Revenge' shooting teen faces years behind bars
BOY BLASTED AT CLOSE RANGE WITH SHOTGUN IN PREMEDITATED AND PRE-PLANNED' ATTACK
'It was dark, the waves were very high - it was very, very hard'
THE M.E.N. SPEAKS TO ASYLUM SEEKERS WHOSE HOUSING AT A HOTEL HAS DIVIDED A TOWN
