Overview

• An 18-month provision tied to Sir Jim Ratcliffe's 2024 minority investment became active on August 13, according to multiple reports.
• The drag-along right would allow the Glazer family to compel all shareholders, including INEOS, to sell if they accept an offer for the entire club.
• Ratcliffe retains protections in the agreement, including a right to match any third-party bid and a reported minimum price of about $33 per share.
• Sources connected to Sheikh Jassim’s 92 Foundation say there is zero interest in reviving a takeover attempt at this time.
• Coverage describes a positive working relationship between Ratcliffe and the Glazers, and local reports say there is no current intention to initiate a sale.