Sir Jim Ratcliffe CONFIRMS he's bidding to buy Manchester United
BREAKING NEWS: Britain’s richest man Sir Jim Ratcliffe CONFIRMS he’s bidding to buy Manchester United with his firm Ineos the first to formally commit to bid to oust the Glazers, who want £5BILLION
- Sir Jim Ratcliffe has confirmed that he is bidding to buy Manchester United
- The Premier League club was put up for sale by the Glazer family in November
- The Glazers want £5billion before selling United to any interested party
Sir Jim Ratcliffe has reportedly confirmed that his firm Ineos have officially entered the race to buy Manchester United.
The Glazers announced their plans to sell United in November, 17 years after taking over at Old Trafford.
They want £5billion for the club, and Ineos have now registered their interest in ousting them, according to The Times.
Sir Jim Ratcliffe has entered the race to buy Manchester United from the Glazers
Formal bids are set to begin in February, and offers are expected to come in from parties in the US, Middle East and Asia.
Ratcliffe, who is listed by Forbes as Britain’s richest man, has made his intentions clear early, though, as he looks to avoid missing out on buying the Premier League club.
United are not the only English club that Ratcliffe has tried to buy, as he also made a late bid for Chelsea last year when they were put for sale by Roman Abramovich.
His audacious offer failed, as an American consortium led by Todd Boehly took over instead, paying £2.5bn, while also pledging to commit £1.75bn in further investment down the line.
The Glazers are hoping for an
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