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Sir Jim Ratcliffe insists he WON'T pay a 'stupid' price for Man United after record-breaking £4.25bn deal to buy Chelsea... with takeover contenders set to submit new bids TOMORROW

Related Topics: Jim Ratcliffe, Simon Ratcliffe

Prospective owner Sir Jim Ratcliffe says he will not pay a 'stupid' price for Manchester United, amid reports that multiple revised bids are expected on Wednesday.

The INEOS chief executive and Qatari Sheikh Jassim bin Hamad Al Thani are in the running to buy the Premier League giants, with the despised Glazer owners ready to cash in after two weeks of visits from interested groups.

Ratcliffe and his team held talks with United last Friday during a visit to Old Trafford stadium and the Carrington training complex, with meetings finishing at around 4pm, according to Sky Sports.