Ratcliffe remains lead bidder despite inconclusive Manchester United board meeting

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The Ineos billionaire Sir Jim Ratcliffe remains the leading candidate to buy Manchester United Football Club despite an inconclusive board meeting held late last week. Sky News understands that directors of the Premier League club's holding company met on Thursday to discuss the progress of its £5bn-plus auction. Controlled by members of the Glazer family but also comprising a number of independent directors, the board was updated on the sale process by Raine, the merchant bank advising Manchester United.