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Manchester United takeover battle intensifies as increased bids are made

  • Sir Jim Ratcliffe and Sheikh Jassim submit improved offers
  • Bids may still be below Glazers’ asking price of £5bn to £6bn

The battle to take over Manchester United has intensified after Ineos owner Sir Jim Ratcliffe and Qatari banker Sheikh Jassim bin Hamad al-Thani both submitted improved bids shortly before Wednesday night’s 9pm deadline.

While both sides were keeping the size of their offers close to their chests – and not commenting publicly due to a strict non-disclosure agreement all parties have had to sign – it is widely expected that they will top the highest first-round bid, which was believed to be approximately £4.5bn.

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