Ratcliffe bid given boost from surprise source!
Sir Jim Ratcliffe’s hopes of buying Manchester United have been boosted as Uefa have ruled that six clubs under joint ownership can compete in European football this coming season.
The Ineos chief already owns Ligue 1 side Nice and is intent on buying the Premier League giants.
His current club often competes in Europe’s three major competitions, meaning a potential problem for the billionaire if he bought Man Utd.
But on Friday, Uefa confirmed that clubs who share the same ownership structure can compete in their competitions.
Ratcliffe is currently bidding for Man Utd, vying for a stake in the club, with Qatari businessman Sheikh Jassim also in the running.
There were concerns that Ratcliffe’s hopes of buying of Man Utd would be a conflict of interest but Uefa’s recent decision means that this won’t be an issue.
The takeover saga has gone on for eight months and it’s not clear when the end will be in sight.
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