See that was my impression and I thought
@Woziak was confused when he mentioned Ratcliffe bidding for 33% of the club.
However, I've also seen a couple of mentions about 50% of the class B shares. Now this sounded stupid to me because it would mean the controlling stake Ratcliffe would get could be overturned by Glazers + others (even Glazers only, as they already own some class A shares).
But if Ratcliffe gets 60% of the class B shares, that's about 58% of the rights (assuming the class B shares are not converted).
This would allow for a significant valuation because he's only buying about 42% of the club, not even 50%. This leaves each Glazer with about 5% stake on average.
This all tracks and makes me sick at the same time.