Given the news that the Glazer family, which owns Manchester United, is ready to sell a small part of its shares, Businessman Jim Ratcliffe, the richest man in the UK, has expressed interest To buy, The Times reported.
A spokesman for Sir Jim Ratcliffe said: “If Manchester United were for sale, then Jim is a potential buyer. We would be interested in discussing a long-term property.”
And so, Ratcliffe, the billionaire owner of Ineos (chemical products and raw materials), I will buy this little bundle of stock right away, for an increasing percentage over time. The owner of Ineos tends to seek total control over the business he acquires. In this case, it would accept a minority share package if it was part of a plan to take control later on.
A Ratcliffe spokesperson also said: “It’s not about money spent or not spent. Jim is looking at what can be done now and knows how important the club is to the city, It seems the time is right for a fresh start“.
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