Sir Jim Ratcliffe is said to be proposing a full buyout of Manchester United Football Club after three years if his proposed takeover bid of £5bn is accepted.
The Glazer family announced they were considering selling United after 18 years of highly controversial ownership in November 2022.
The Ineos billionaire is one of two parties, alongside Qatari Sheikh Jassim bin Hamad Al Thani, who are thought to be leading the bidding war.
However, Sky News are reporting that Ratcliffe's takeover bid includes 'put-and-call options which would become exercisable in 2026'.
A source reportedly told Sky News that the 'put-and-call arrangements' would 'force the Glazers to sell their remaining shares to him or force him to acquire them'.