Ineos

Founder of Ineos and Britain's richest man Sir Jim Ratcliffe has officially entered the race to buy Premier League club Manchester United.

[Davos](https://www.cityam.com/manchester-united-at-davos-why-has-the-for-sale-premier-league-club-set-up-shop-at-the-world-economic-forum/) this year – could be sold for more than [double the price](https://www.cityam.com/manchester-united-at-davos-why-has-the-for-sale-premier-league-club-set-up-shop-at-the-world-economic-forum/) of Chelsea, despite a period without a trophy. Formal bids are expected for Manchester United from next month while Liverpool are also taking bids for a sale. The current owners, the Glazer family, have appointed a merchant bank – believed to be the Raine Group – to take bids for the Manchester Club, which could fetch up to £8bn.

Jim Ratcliffe is entering the bidding to buy Manchester United. The billionaire owner of petrochemicals firm INEOS is ready to make an offer to United ...

The family, which also owns the NFL’s Tampa Bay Buccaneers, outlined plans to seek outside funding in November. However, INEOS said in the summer that it was Jim Ratcliffe is entering the bidding to buy Manchester United.

LONDON - British billionaire Jim Ratcliffe's Ineos company officially joined the race to buy Manchester United on Tuesday.

I think the only difference would be if it was owned by the fans, but I think that's probably impossible. would it make a difference to change the ownership? Their purchase of United also saddled the club with huge debts and they have long been accused of taking more out financially than they have invested in terms of transfer funds. The Glazers, who completed a leveraged takeover of the club in 2005, have proved deeply unpopular with supporters due to the team's declining fortunes on the pitch in recent years. United have yet to comment on the news of the 70-year-old's interest in taking over from the United States-based Glazers. United's owners, the Glazer family, said they were willing to listen to offers for the Premier League club in November and Ratcliffe is keen to strike a deal.

Jim Ratcliffe's company INEOS has formally entered the bidding process to buy Premier League soccer club Manchester United, a spokesperson for the chemical ...

The billionaire owner of petrochemicals firm INEOS is ready to make an offer to United owners the Glazer family.

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The billionaire owner of petrochemicals firm INEOS is ready to make an offer to Manchester United owners the Glazer family, who outlined their willingness ...

Ineos has entered the bidding process to buy Manchester United. Ratcliffe, one of the richest people in Britain, is a United fan and has previously indicated a desire to buy the club. Jim Ratcliffe is entering the bidding to buy Manchester United.

British billionaire Sir Jim Ratcliffe's firm Ineos has officially stated an interest in buying Manchester United. United's owners the Glazer family said in ...

United have been owned by the Glazer family since 2005. Since then, a statement from United in November said the board will “consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company”. • United have been owned by the Glazer family since 2005. Ratcliffe made an unsuccessful late £4.25bn offer to buy Chelsea last year after Russian owner Roman Abramovich put the London club up for sale. The Ineos group owns French Ligue 1 club Nice and Swiss club Lausanne. However, since then the Glazers have changed their stance and he has now joined the bidding process.

Chemicals giant founder confirms he has put himself forward to acquire Premier League giants from Glazer family.

A stumbling block for Ratcliffe could be his ownership of other European clubs. He bought the Ligue 1 club in 2019 for €100 million (US$108 million) – United have been valued north of UK£5 billion (US$6.2 billion). However, there will be no issues provided they don’t play in the same competition. One of Ratcliffe’s reasons for buying Nice was he felt at the time that English soccer teams were overvalued. Ratcliffe and Ineos are the first to publicly declare their intention of acquiring United. While Ratcliffe’s wider sports portfolio includes French top-tier soccer outfit Nice and Switzerland’s Lausanne, United are an entirely different commitment for the 70-year-old.

INEOS, the company owned by Jim Ratcliffe, a British billionaire and long-time Manchester United fan, has formally entered the bidding process to buy the ...

The Glazers, United's U.S. INEOS is the principal partner to eight-times F1 champions Mercedes and a one-third shareholder of the team which is owned in three equal parts by Mercedes-Benz Group AG, INEOS and Toto Wolff. The chemical firm has for a long time been involved in the world of sports, with links to Formula One, cycling, sailing, soccer and rugby. Register for free to Reuters and know the full story According to Forbes, he has a net worth of $15.5 billion, making him the 112th-richest person in the world and one of Britain's most wealthy businessmen. He founded the INEOS chemicals group in 1998 and is the company's chairman and chief executive officer with a two-thirds stake.

The 70-year-old saw a last-ditch £4.25billion bid for Chelsea rejected last year.

Sir Jim Ratcliffe's company INEOS has formally entered the bidding process to buy Premier League club Manchester United, a spokesperson for the chemical ...

Spurs, however, said “there is no truth in reports that a meeting took place regarding the sale of equity in the club”. The Glazer family, United’s U.S. The Manchester United Supporters Trust (MUST) said in November that the club needed new owners and fresh investment to halt years of decline and fans should be given a real say in how it is run in future. United’s rivals Liverpool are also looking to attract investment after chairman Tom Werner said in November that their owners Fenway Sports Group (FSG) were exploring a sale of the club, but there was no urgency to complete any potential deal. The head of chemical company INEOS also failed last year in an attempt to buy London soccer club Chelsea, which was purchased by an investment group led by American Todd Boehly and Clearlake Capital. The energy company’s interest in the United sale process comes after the group also bought French Ligue 1 club Nice in 2019.

INEOS, the company owned by Jim Ratcliffe, a British billionaire and long-time Manchester United fan, has formally entered the bidding process to buy the ...

INEOS, the company owned by Jim Ratcliffe, a British billionaire and long-time Manchester United fan, has formally entered the bidding process to buy the…

QSI is currently the owner of French champions Paris St Germain and has a stake in Portuguese soccer club SC Braga. The Glazers, United’s U.S. Article content

British billionaire Jim Ratcliffe's company INEOS has formally entered the bidding process to buy Premier League soccer club Manchester United, according to ...

In an email to CNN Sport in August, a spokesman for Ratcliffe confirmed his interest in the renowned Premier League club, saying: “We are simply confirming interest in the club if it is for sale.” [Glazer family](https://www.cnn.com/2023/01/17/football/manchester-united-davos-spt-intl/index.html), announced they were exploring new investment or the potential sale of the English Premier League side in November 2022. [Jim Ratcliffe’s](https://www.cnn.com/2022/08/18/football/manchester-united-jim-ratcliffe-intl-spt/index.html) company INEOS has formally entered the bidding process to buy Premier League soccer club [Manchester United](https://www.cnn.com/2023/01/15/football/manchester-united-resurgence-manchester-city-spt-intl/index.html), according to The Times on Wednesday.