Jim Ratcliffe Usa New York on as Jim Ratcliffe Usa New York

Manchester United share price latest as Sir Jim Ratcliffe takeover process rumbles on

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Share prices for Manchester United FC on the New York Stock Exchange (NYSE) remain close to the lowest point they have been in 2023 as the club's proposed investment saga continues to rumble on.

Eleven months after the much-maligned Glazer family announced a strategic review to their ownership, billionaire and INEOS founder Sir Jim Ratcliffe is now expected to buy a 25 per cent stake in the club.

It is thought to be worth £1.4billion to the Americans on the proviso they actually accept a revised offer from the Briton. Qatari banker Sheikh Jassim is no longer in contention to become the new owner - after what was a whirlwind 24 hours earlier on this month - leaving the door ajar for Sir Jim to press forward with his plans to invest and step into the boardroom.

But there is still further red tape for him to get through. ALSO READ: Ferdinand names two defenders United should sign ALSO READ: Ten Hag responds to FA investigation into Garnacho Continued uncertainty around the next steps for United have been reflected in the market.

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