Spokesman for Britain's former richest man: Ratcliffe interested in buying Manchester United
2022-08-18 17:26 A spokesman for Ineos Group president and former UK richest man James Ratcliffe told The Times that Ratcliffe was interested in buying Manchester United .
"Jim is definitely a potential buyer if the club is listed," a spokesman for Ratcliffe confirmed to The Times. "If something like this is possible, we would be interested in negotiating a long-term ownership of Manchester United."
Ratcliffe's remarks follow an exclusive Bloomberg report that the Glazers are considering selling a minority stake in Manchester United. "The Times" said that Manchester United suffered two consecutive defeats under Ten Hag and are currently ranked at the bottom of the Premier League. However, this news still prompted Manchester United's share price to rise sharply.
A spokesman for Ratcliffe then said they would invest in United in a major refurbishment and modernisation of infrastructure including the Carrington base and Old Trafford: The money issue. Jim is looking at what he can do for the club right now. As a Manchester United fan, he knows how much Manchester United means to the city and he feels it is time to restart.
Ratcliffe, 69, is the founder of the British chemical company Ineos Group. He owns the cycling team Ineos Grenadier Team, Mercedes-AMG Team, French Ligue 1 team Nice, Swiss team Lausanne Sports, etc. sports team. Ratcliffe's plans to buy Chelsea fell through again this summer, but he remains keen to take control of a Premier League powerhouse.
The Times understands that the Glazers are not ready to give up control of the club and are only in preliminary discussions about bringing in new investments. According to multiple media reports, the Glazers are in exclusive talks with Apollo, a U.S. private equity firm, to sell a minority stake.
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