Billionaire Jim Ratcliffe could add a new football team to his arsenal. The British group Ineos, which specializes in the chemical sector and already owns the Nice football club and FC Lausanne-Sport, has applied to take over Manchester United, reports the British daily. The Times, Tuesday, January 17.
“We have formally entered the process”said a spokesman for the group to the BBC, adding that the group of Jim Ratcliffe was in contact with the investment bank Raines, charged by the American owners of the Red Devils, the Glazer family, to pilot the sale.
The Glazer brothers, Avram and Joel, whose family have owned the English club since 2005, have announced they are considering the possibility of selling the club in November 2022. Manchester United’s board have said they are considering “all strategic alternatives, including new investment in the club, sale, or other transactions involving the business”.
The Glazer family also owns the Tampa Bay Buccaneers football team.