Manchester United Gets Equity Value of £4.4 Billion in Ratcliffe Offer
- Glazer family to sell quarter of holding as part of the deal
- UK billionaire offers about $33 a share for the stake
Jim Ratcliffe’s bid for up to a 25% stake in Manchester United Plc will give the English Premier League football club an equity value of roughly £4.4 billion ($5.5 billion).
The UK billionaire has offered about $33 a share for the stake in the famous old football club, people familiar with the matter said. That represents a 79% premium to the stock’s Thursday closing price in New York.