Jim Ratcliffe

2023 - 1 - 18

Post cover — Image courtesy of "Khel Now"

Who is Sir Jim Ratcliffe – Manchester United's new potential owner? (Khel Now)

Jim Ratcliffe, one of the wealthiest people in Britain and the owner of INEOS, has joined the race to buy Manchester United.

He acquired the cycling team Sky in 2019 and changed their identity to team INEOS. Ratcliffe has also invested in the marathon and Formula One. And in 2018, he teamed up with Ben Ainslie to create Ineos Team UK, which will compete in the 36th American Cup in 2021. He was named the wealthiest person in the UK in May 2018 with a net worth of £21.05 billion. The The company’s projected 2021 revenue is $65 billion.

Manchester United takeover: Sir Jim Ratcliffe officially enters bidding ... (Sky Sports)

British billionaire Sir Jim Ratcliffe confirms he wants to complete the purchase of Man Utd; the Glazers announced in November they are willing to listen to ...

It's a manifesto that needs to be put forward so that the fans can understand. "Manchester United can't be handing over to an owner that basically screams against what the club stands for or what the club wants. Fans break into the club's training ground later that month to protest. “At the moment, Nice are not a Champions League club. "Before Man Utd fans say that is what we need to spend in one summer, not three years, Nice do not have the revenue Man Utd have. Dave Brailsford then came in and he's not really a football man, which the fans didn't understand. However, in terms of results on the pitch it has been a bit underwhelming. Lucien Favre was brought in as manager and he was the wrong one. On the Ligue 1 and Nice scale, they have spent €200m in those three-and-a-half years they have been at the club. I think what we'll see now is more people showing their hands and more people getting to look at the books. "Sir Jim Ratcliffe has always made it clear he wants to buy a Premier League club. Ratcliffe has made no secret of the fact he would be interested in buying United.

Jim Ratcliffe enters Manchester United sale process (Financial Times)

Ratcliffe has lodged his interest with Raine Group, the merchant bank advising the English Premier League club, a spokesman for Ratcliffe confirmed on Tuesday.

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Billionaire Jim Ratcliffe Joins Race to Buy Manchester United (Bloomberg)

British billionaire and Manchester United fan Jim Ratcliffe officially joined the race to buy the English soccer giant.

Manchester United sale: Britain's richest man Sir Jim Ratcliffe joins ... (Economic Times)

Britain's richest man Sir Jim Ratcliffe has joined the bidding process to take over Manchester United from the Glazer family.

[US News](/news/international/us), [UK News](/news/international/uk), [Canada News](/news/international/canada), International Breaking News Events, and Latest News Updates on The Economic Times.) [China’s Population Falls for First Time in Over 6 Decades](/epaper/delhicapital/2023/jan/18/et-front/chinas-population-falls-for-first-time-in-over-6-decades/articleshow/97070990.cms) [Govt may Bump up Allocation for Existing PLI Schemes in Budget](/epaper/delhicapital/2023/jan/18/et-front/govt-may-bump-up-allocation-for-existing-pli-schemes-in-budget/articleshow/97070975.cms)

Football: Jim Ratcliffe's Ineos declares interest in buying Man United (The Straits Times)

Boyhood United fan Ratcliffe made an unsuccessful £4.25 billion bid to buy Chelsea in 2022. Read more at straitstimes.com.

[failed European Super League project in April 2021](https://www.straitstimes.com/sport/football/football-super-league-project-still-very-much-alive-says-a22-ceo) which would have led to the club joining a breakaway competition. 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 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. Born in Failsworth, Greater Manchester, Ratcliffe is one of Britain’s richest men and is more palatable to the United support than the Glazers, who have 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.

Explainer: Jim Ratcliffe: who is the INEOS founder bidding for ... (Reuters)

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.

Jim Ratcliffe's INEOS enters bidding process to buy Manchester ... (CNN)

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.

Jim Ratcliffe looks to buy Manchester United. See who is he (Economic Times)

Sir Jim Ratcliffe, who is one of the UKs richest men, is looking to buy the football club he supported as a boy.

[Exxon Chemicals](/topic/exxon-chemicals). The firm has become a chemical giant now. In 1992, he led the buyout of [Inspec Group plc](/topic/inspec-group-plc). [US News](/news/international/us), [UK News](/news/international/uk), [Canada News](/news/international/canada), International Breaking News Events, and Latest News Updates on The Economic Times.) This helped him to form Ineos. He had also supported the club as a boy.

Football: Jim Ratcliffe - Who is the Ineos founder bidding for ... (The Straits Times)

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

Ineos is the principal partner to eight-time 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. QSI is currently the owner of French champions Paris St Germain and has a stake in Portuguese club SC Braga. The chemical firm has for a long time been involved in the world of sport, with links to Formula One, cycling, sailing, football and rugby. As of 2021, it is the fourth-largest chemical company in the world. He founded the Ineos chemicals group in 1998 and is the company’s chairman and chief executive officer with a two-thirds stake. According to Forbes, he has a net worth of US$15.5 billion (S$20.5 billion), making him the 112th-richest person in the world and one of Britain’s most wealthy businessmen.

Manchester United takeover: Ineos and Jim Ratcliffe officially enter ... (SportsPro Media)

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.

Jim Ratcliffe

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