Sport
Manchester United asks bidders for sources of wealth ahead of deadline
The development will put the spotlight on the two main contenders to purchase the historic club: Qatari royal Sheikh Jassim bin Hamad Al Thani and the Ineos boss, British billionaire Jim Ratcliffe
Manchester United Plc has asked bidders to clarify the source of their wealth and who would become the club’s ultimate beneficial owner ahead of a looming third deadline for offers.
The questions were sent by Raine Group, the US bankers employed by the current owners, the Glazer family, to oversee the potential sale of the club. The demands were made in recent days, according to people familiar with the discussions. They range from queries about ...