Jim Ratcliffe

The club was effectively put up for sale by its American owners last November, to the relief of many fans who have long accused the Glazers of failing to ...

I mean, professional sport, as you know, Manchester is a marketing club," said the player. [his offer](https://news.sky.com/story/chelsea-sir-jim-ratcliffe-tables-last-minute-4-25bn-bid-for-football-club-12601770), of £4.25bn, was rejected under the sale process ordered by the government. [ immediately leaving the club by mutual consent](https://news.sky.com/story/cristiano-ronaldo-leaves-manchester-united-with-immediate-effect-12753312). [Manchester United](https://news.sky.com/topic/manchester-united-8240) was seen as being put up for sale late last year when the Glazers, who have been at the helm for 17 years, ordered a [strategic review](https://news.sky.com/story/manchester-united-owners-confirm-they-could-sell-the-club-as-strategic-review-launched-12753535). The fallout led to the Portuguese star and Manchester United announcing that he was The club was effectively put up for sale by its American owners last November, to the relief of many fans who have long accused the Glazers of failing to invest in success.

'We have formally put ourselves into the process,' Ratcliffe's firm Ineos said in a statement.

The Glazers, who completed a leveraged takeover of the club in 2005, have proved deeply unpopular with a United fanbase unhappy with the ownership model and declining fortunes on the pitch. The British billionaire is now in the fray to end the Glazers’ near 18-year ownership of United, who sit fourth in the top-flight under Erik ten Hag and defeated derby rivals Manchester City last weekend. Ratcliffe, one of the UK’s richest men, has been linked with a takeover of the Premier League giants after the Glazer family, the current owners, announced last year they were willing to listen to offers.

Interest in buying the club is also expected from the Middle East and Asia, but Ineos are the first to reveal its intentions towards the Premier League giants.

January 17, 2023 - Ratcliffe's firm Ineos officially enter the bidding to buy Manchester United. Fans break into the club's training ground later that month to protest. Phoenix club FC Manchester of United is born later that year. United fans have been clamouring for a change of ownership and the Glazers have been the target of intense criticism as the team last won silverware back in 2017. Parties have to register their interest in buying United with the Raine Group and Rothschild and Co – the merchant bankers running the sale of the club. The 70-year-old Manchester-born tycoon has been linked with a bid to buy the club in the past and his company confirmed their interest in buying the club from controversial US-based current owners, the Glazer family.

Interest from United States, the Middle East and Asia also expected for Red Devils.

Formal bids are expected to start next month, with interest from the United States, the Middle East and Asia also expected. “We have formally put ourselves into the process,” a spokesperson for Ineos, a petrochemicals and fracking company, told the Times. The price tag is not expected to be cheap, with the Glazers looking for about £5bn.

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

For a full comparison of Standard and Premium Digital, click here. You'll enjoy access to several newsletters including FirstFT, a daily newsletter with the global stories you need to know as well as Editor's Choice, a weekly newsletter featuring the editor's favourite stories. Access our essential offering with over 600 journalists in 50+ countries covering markets, politics, business, tech and more.

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

Sir Jim Ratcliffe has expressed his intention to complete a takeover of Manchester United after the Glazer family announced they were exploring a sale last ...

It appears that Ratcliffe is determined not to make the same mistake twice, having expressed his intention for the Red Devils before any other parties - a notable turn of events considering he could be spending roughly £1bn more to complete a takeover at Old Trafford. Ratcliffe, 70, was unsuccessful partly because he was the last of numerous bidders to arrive at the negotiating table for a Chelsea takeover. He was linked with a move for Chelsea before [Todd Boehly wrested control of the Blues last year](https://www.mirror.co.uk/sport/football/breaking-chelsea-confirm-todd-boehly-27060590). We got there at the end of the day and we are committed. The Glazer family have slapped a price tag in excess of £5billion on the Red Devils. The club’s owners confirmed in November that they were "commencing a process to explore strategic alternatives for the club".

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.

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.

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.

Manchester United are up for sale and Sir Jim Ratcliffe, the fan-favourite to complete a takeover, has officially registered his interest to buy the club ...

[Sir Alex Ferguson](https://www.irishmirror.ie/all-about/alex-ferguson) stepped away as manager nearly a decade ago, claiming in 2019 that club chiefs had "lost the plot". [Nice](https://www.irishmirror.ie/all-about/ogc-nice) and being the principal partner of Formula One team [Mercedes-AMG Petronas](https://www.irishmirror.ie/all-about/mercedes-f1). They have lost the plot." [event hosted by the Financial Times](https://aneveningwithsirjim.live.ft.com/). [heated protests earlier this season](https://www.mirror.co.uk/sport/football/news/inside-man-utd-fans-anti-27809323), the chief executive of chemical giant INEOS has met brothers Joel and Avram. [Ratcliffe](https://www.irishmirror.ie/all-about/jim-ratcliffe), 70, put himself in the running this week ahead of the reported mid-February deadline for proposals. United have done it really poorly. We have a different approach here to be moderately intelligent about it. The American tycoons' father, Malcolm, bought United for £790million in 2005. Have your say! "If it had been for sale in the summer then, yes, we would have probably had a go following on from the Chelsea thing. But we can't sit around hoping that one day Manchester United will become available.

Britain's richest man Jim Ratcliffe has confirmed that he has officially entered himself in the running to purchase Manchester United.

If that figure is met, it would the largest sporting transaction in history. The Glazers announced in November that they would be "commencing a process to explore strategic alternatives" to potentially bring an end to 18 years of controversial ownership. In order for any sale to go through the Glazers must be happy with the offer on the table, with reports suggesting that bids of £5bn may be enough to force a sale.

The Manchester United Supporters' Trust (MUST) has welcomed Sir Jim Ratcliffe's interest in buying the club - but they want the billionaire to "work in partnership with the fans". INEOS chief Ratcliffe, who is known as Britain's richest man, ...

Ratcliffe may only purchase a stake in United after the Glazers said they will "consider all strategic alternatives, including new investments". [INEOS](https://www.irishmirror.ie/all-about/ineos-plc) chief Ratcliffe, who is known as Britain's richest man, confirmed his desire to [complete a takeover of the Red Devils](https://www.mirror.co.uk/sport/football/news/breaking-manchester-united-takeover-ratcliffe-28979531) on Tuesday. We welcome his interest and we want to see the nature of his proposal. United fans have campaigned against the Glazers' ownership of the club for many years. We're all realistic enough to know that the new owner could come from anywhere. Ratcliffe, who has been linked with a takeover for a number of years, is a self-confessed United fan and grew up in Greater Manchester.