(PLO) – Britain’s richest man Sir Jim Ratcliffe has officially confirmed his participation in the race to buy Manchester United from the Glazer family.
According to the Daily Star (UK), Ineos director and the richest man in England, Sir Jim Ratcliffe has announced his intention to send an offer to buy Manchester United from the American owners of the Glazer family.
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Sir Jim Ratcliffe was interested in buying Chelsea last year but now, he has officially confirmed he will try to buy MU. Sir Jim Ratcliffe has been an avid fan of the Old Trafford team since childhood.
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Sir Jim Ratcliffe has officially confirmed that he wants to buy Man United. PHOTO: GETTY |
Billionaire spokesman Sir Jim Ratcliffe told The Times (UK) yesterday (January 17, UK time): “We have officially participated in this process (buying MU)”. Sir Ratcliffe is the first party to publicly confirm that it will participate in the race to buy MU. It is expected that many parties will be interested in and participate in the race to take over the Old Trafford team from the Glazer family.
Many information shows that MU’s owner change process can be completed by the end of this season. Last November, the Glazer Family announced that they were “beginning the process of exploring strategic alternatives” for United. The Glazers can sell the entire MU club or call on others to invest.
Since taking over at Old Trafford in 2005, the Glazer family has always been a source of anger in the Red Devils fan community. MU fans have repeatedly made protests calling for the Glazers to leave MU in recent years.
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The Glazer family wants to receive £ 5 billion when selling Man Utd. PHOTO: PA |
The Glazer family is said to want to receive more than £ 5 billion when selling MU. That is a number within Sir Jim Ratcliffe’s power. According to Forbes, Britain’s richest man Sir Jim Ratcliffe is currently worth an estimated £12.6 billion.
Sir Jim Ratcliffe, 70, already owns Ligue 1 club Nice, which he bought in 2019 for a relatively meager £88m. Ratcliffe once offered to buy Chelsea but then he withdrew.
Finally, the group led by Todd Boehly took over the Stamford Bridge team. Then, Ratcliffe met Joel and Avram Glazer at the end of last year when they learned of their intention to sell MU.
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Sir Jim Ratcliffe is Britain’s richest man with a fortune of £12.6 billion. PHOTO: GETTY |
Although not as public as Sir Jim Ratcliffe, there are many investors willing to participate in the race to buy Manchester United. Several investors contacted Joe Ravitch, co-founder of Raine. Commercial Bank Raine was tasked with overseeing the buying and selling process of Manchester United. More investors will be brought to the “light” in the near future.
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