CNN
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British billionaire Jim Ratcliffe’s firm INEOS has formally entered the bidding course of to purchase Premier League soccer membership Manchester United, in accordance with The Times on Wednesday.
This comes after United’s house owners, the Glazer household, introduced they have been exploring new funding or the potential sale of the English Premier League aspect in November 2022.
“I can confirm that we have formally put ourselves into the process,” the spokesperson mentioned with out including particulars.
Ratcliffe is a majority shareholder of chemical group INEOS which owns French aspect Nice, Swiss membership Lausanne-Sport, the Ineos Grenadiers biking workforce and has a partnership with the Mercedes F1 workforce.
Ratcliffe had beforehand expressed curiosity in shopping for the Red Devils in the summertime.
In an e-mail to CNN Sport in August, a spokesman for Ratcliffe confirmed his curiosity within the…
2023-01-18 11:22:58 Jim Ratcliffe’s INEOS enters bidding course of to purchase Manchester United — The Times studies
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