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LIVE ON MAN UNITED TAKEOVER NOW: Glazers will soon sign paperwork to officially reveal the new owners today. LONDON Carrington is delighted

The American Leon Cooperman is rumored to be close to buying a million shares in Manchester United, so Sir Jim Ratcliffe is not the only billionaire who is interested in owning a stake in the team.

There has been a lot of speculation about Manchester United’s potential next owners ever since the Glazer family announced in November 2022 that they intended to sell the team. It was soon apparent that Ratcliffe, the owner of INEOS, and banker Sheikh Jassim of Qatar would be among the top bidders.

Both parties made the trip to Old Trafford to present their various ideas for improving the Red Devils’ performance both on and off the field.

Then Sheikh Jassim made a huge £5 billion last-minute offer. He left the negotiations after the Glazers rejected this, which gave Ratcliffe the best chance to strike a deal.

Ratcliffe, 71, is prepared to pay £1.3 billion for a 25% stake in Manchester United and professes to be a fan of the team. His Manchester United debut was scheduled for Monday, but the schedule has been further postponed.

According to Bloomberg, Cooperman is prepared to “take a late stake” from the Glazers, signaling a significant change in the Man United takeover.

On Tuesday night, Cooperman expressed his desire to buy a million shares, which are currently worth $16.8 million (£13.5 million).

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