Despite finishing in eighth place, United qualified for the Europa League following their FA Cup victory over Manchester City last weekend.
According to The Sun, a deal has since been reached with UEFA regarding United competing with Nice in the Europa League. The two teams will bypass the multi-club ownership rule in the same competition due to Ratcliffe owning under 30 percent of United currently.
However, INEOS' initial takeover plan includes steps to increase the ownership over the 30% limit, which would mean United violated UEFA rules. If they pass this threshold, one of the two teams would be relegated to the Europa Conference League.