Jim Ratcliffe

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.

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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The petrochemicals billionaire is the owner of Nice and the Tour de France-winning cycling team.

The petrochemicals billionaire is the owner of Nice, Swiss team FC Lausanne-Sport and the Tour de France-winning cycling team Ineos Grenadiers, which he took over from Team Sky, and The petrochemicals billionaire is the owner of Nice and the Tour de France-winning cycling team

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.

Ratcliffe is the first party to declare his intention to submit a bid to buy Manchester United from the Glazer family, with F1 star Hamilton potentially up ...

[Chelsea](https://www.mirror.co.uk/all-about/chelsea-fc) when the London club was abruptly put up for sale last year. Not only is the 70-year-old a part-owner of his [Mercedes](https://www.mirror.co.uk/all-about/mercedes-f1) team, but the two Brits are also friends and Hamilton has openly said he sees the billionaire as more of a partner than a boss. "We have formally put ourselves into the process," a spokesman for the INEOS chairman confirmed to [The Times](https://www.thetimes.co.uk/article/manchester-united-sir-jim-ratcliffe-enters-takeover-race-mg6rn2dk3). "Jim’s part boss but partner – I'd say we're more partners because we're in this together and I hope in future to do something with Jim and build with him," said Hamilton last year. Ratcliffe may be rivalled by bids from Saudi Arabia and [Qatar](https://www.mirror.co.uk/all-about/qatar), while huge American companies like [Apple](https://www.mirror.co.uk/all-about/apple) and [Amazon](https://www.mirror.co.uk/all-about/amazon) have also been linked. Again, there is a real lack of that." [Hamilton was also involved in that race as he joined Sir Martin Broughton's consortium](https://www.mirror.co.uk/sport/football/news/breaking-chelsea-hamilton-serena-williams-26761782), but both lost out to [Todd Boehly who paid more than £4bn](https://www.mirror.co.uk/sport/football/breaking-chelsea-confirm-todd-boehly-27060590) for the Blues. [Formula 1](https://www.mirror.co.uk/sport/formula-1/) star Hamilton has a strong relationship with Ratcliffe. [He is already an investor in NFL franchise the Denver Broncos](https://www.mirror.co.uk/sport/formula-1/breaking-lewis-hamilton-denver-broncos-27640217) and made it clear [he would be open to adding a stake in Manchester United to his sizeable business empire](https://www.mirror.co.uk/sport/formula-1/jim-ratcliffe-man-united-hamilton-28911454). [Lewis Hamilton](https://www.mirror.co.uk/all-about/lewis-hamilton) previously suggested he would jump at the chance of being involved in a [Manchester United](https://www.mirror.co.uk/all-about/manchester-united-fc) takeover bid – as [Sir Jim Ratcliffe](https://www.mirror.co.uk/all-about/jim-ratcliffe) finally confirmed his plans. [became the first party to make a public move by confirming his plans](https://www.mirror.co.uk/sport/football/news/breaking-manchester-united-takeover-ratcliffe-28979531).

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 ...

Sir Jim Ratcliffe has reportedly entered the race to buy Manchester United from the Glazers Sir Jim Ratcliffe has become the first bidder for Manchester United to formally throw his hat into the ring. - Sir Jim Ratcliffe has confirmed that he is bidding to buy Manchester United

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, ...

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. Supporters have staged frequent protests against the Glazers’ ownership, with United last winning the Premier League in 2013. 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.

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.

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

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.

Manchester United fans have largely welcomed Sir Jim Ratcliffe's interest in a takeover bid of the club, although some supporters have questioned whether he ...

Formal bids are expected to be submitted next month under the timeline outlined by the Raine Group, who are overseeing the talks. Just because Sir Jim Ratcliffe is a Man Utd fan, that doesn’t mean he’s the best owner for Man Utd going forward. Man United fans claim Sir Jim Ratcliffe would be the 'ideal owner' and will 'put us out of our misery' if his bid to buy the club from the Glazer family is successful... Another fan urged caution with the process at an early stage. 'At least we’d be English owned and owned by an actual supporter of the club. Manchester United fans have welcomed Sir Jim Ratcliffe's interest in buying the club

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.

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. 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). Ratcliffe, 70, was unsuccessful partly because he was the last of numerous bidders to arrive at the negotiating table for a Chelsea takeover. 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".

The 70-year-old has reported net worth a £12.5billion thanks to the success of global chemical company Ineos.

“Have been for years, although I’m a Manchester United fan really. “I am a season ticket holder at Chelsea,” the billionaire told the Daily Telegraph in 2018. The 70-year-old has reported net worth a £12.5billion thanks to the success of global chemical company Ineos, which has enjoyed exponential growth since it he founded it in 1998.

The Englishman's company Ineos is the first potential bidder to go public with its interest in buying the Premier League club.

Before he left for Monaco, Ratcliffe was the UK’s third-highest individual taxpayer, paying £110 million to the exchequer in 2017-18, according to the Sunday Times tax list. In 2013, he completed the Marathon des Sables across the Sahara Desert. In the same year, at the age of 45, he founded chemical giant Ineos. But there is no room for weakness or crumpling at 3am when the going gets tough and most points are won or lost.” [ he controversially changed his tax residence from Hampshire to Monaco. But he was controversially fired after just three days because his boss had seen his medical report and wasn’t keen on him working there with mild eczema. However, he achieved a 2:1 in chemical engineering. There were a lot of guys who had worked very hard at school while I was out playing football.” “But you could say it was fair. But I was just dreaming, really.” “So those things were in my head at 18. [University of Birmingham,](https://www.standard.co.uk/topic/university-of-birmingham) he was embarrassed to see he was nearly at the bottom of a list of 99 undergraduates ranked by their A-level results.

The Ineos owner is the first to publicly bid for the 13-time Premier League winners.

But it “remains to be seen how Ratcliffe and Ineos would pay for the club”, said the paper, with Ineos’s financial strength likely to face “fierce competition in the Middle East, US and Asia”, making identifying a likely buyer “as uncertain as ever”. In 2020, Ratcliffe received criticism for moving his tax domicile from his residence in Hampshire to his Monaco home, which was set to “save him £4bn in tax payments”, said [The Guardian](https://www.theguardian.com/business/2020/sep/25/sir-jim-ratcliffe-uks-richest-person-moves-to-tax-free-monaco-brexit-ineos-domicile). However, a total takeover remains “marginally the most likely option”. The company’s 600ft Dragon Ships “were the first to transport US shale gas into Europe”, the magazine added. He also owns one of professional cycling’s most successful teams, Team Ineos (formerly Team Sky), and has invested money in sailing, Formula One, running and rugby. After working at Advent International, where he learned the “cut and thrust of doing deals”, Ratcliffe bought BP’s chemicals division and co-founded his own company Inspec in 1992. Ratcliffe worked at oil giant Esso and chemical company Courtaulds in the early part of his career, then making a “career-changing step into the world of private equity” in 1989. The “big unanswered question”, added The Telegraph, is “whether the Glazers will be happy with the offers”. [BBC](https://www.bbc.co.uk/news/business-44101223), having been born in Failsworth, Greater Manchester in 1952 before moving to Yorkshire aged ten. Tom Crotty, an Ineos director, had previously told the The company quickly bought Inspec’s raw chemical plant in Antwerp, Belgium. Ineos “made more than 20 acquisitions” in its first ten years as it grew rapidly, and now produces “raw materials for products that touch nearly all aspects of everyday life”, said the FT, “from bottle caps and toothpaste to computers and cars”.