Sir Jim Ratcliffe’s bid to buy Manchester United would not burden the club with debt if successful, with the billionaire rejecting any leveraged buyout of the type used by the Glazer family.
The Ineos owner hopes to paint himself as a safe custodian of the club he supports and in tune with the values of their fanbase, as rival consortiums prepare to formalise their offers for the 20-times English champions.
Raine, the bank in charge of the sale, has set an initial deadline of Friday for bids. Ineos has made the only publicly confirmed offer and under its plan any debt incurred in financing…
