Michael Knighton has backed Sir Jim Ratcliffe to become the next Manchester United owner. Talk of the Glazer family selling up after almost two decades continues to dominate the headlines at Old Trafford.
The former United director announced he was drawing up a bid for the club in August this year, before insisting the bid was 'moving forward' just a month later. But following the news that the club's current ownership announced they will consider “new investment, a sale, or other ” potential transactions earlier this week, Knighton has now pulled out of the running.
Reports have suggested Ratcliffe - a multi-billionaire listed as one of the UK’s richest men - will bid to buy the Red Devils and Knighton has now backed the OGC Nice owner to take over at Old Trafford as well. Former board member Knighton - who had a £20million bid to buy United accepted in 1989 but failed to complete the deal - believes super-rich Ratcliffe’s level of wealth makes him the perfect candidate to take the club on going forward.