Jim Ratcliffe

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.

British billionaire Jim Ratcliffe's Ineos company officially joined the race to buy Manchester United on Tuesday.

I think the only difference would be if it was owned by the fans, but I think that's probably impossible. would it make a difference to change the ownership? Their purchase of United also saddled the club with huge debts and they have long been accused of taking more out financially than they have invested in terms of transfer funds. The Glazers, who completed a leveraged takeover of the club in 2005, have proved deeply unpopular with supporters due to the team's declining fortunes on the pitch in recent years. United have yet to comment on the news of the 70-year-old's interest in taking over from the United States-based Glazers. United's owners, the Glazer family, said they were willing to listen to offers for the Premier League club in November and Ratcliffe is keen to strike a deal.

Jim Ratcliffe founded the INEOS chemicals group in 1998 and is the company's chairman and chief executive officer with a two-thirds stake.

The Glazers, United's U.S. He founded the INEOS chemicals group in 1998 and is the company's chairman and chief executive officer with a two-thirds stake. QSI is currently the owner of French champions Paris St Germain and has a stake in Portuguese soccer club SC Braga. Jim Ratcliffe founded the INEOS chemicals group in 1998 and is the company's chairman and chief executive officer with a two-thirds stake. 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. INEOS Group Limited is a British multinational chemicals company headquartered and registered in London.

Manchester United are up for sale and Sir Jim Ratcliffe, the fan-favourite to complete a takeover, has officially registered his interest to buy the club ...

[Sir Alex Ferguson](https://www.mirror.co.uk/all-about/alex-ferguson) stepped away as manager nearly a decade ago, claiming in 2019 that club chiefs had "lost the plot". [Nice](https://www.mirror.co.uk/all-about/ogc-nice) and being the principal partner of Formula One team [Mercedes-AMG Petronas](https://www.mirror.co.uk/all-about/mercedes-f1). They have lost the plot." [event hosted by the Financial Times](https://aneveningwithsirjim.live.ft.com/). [heated protests earlier this season](https://www.mirror.co.uk/sport/football/news/inside-man-utd-fans-anti-27809323), the chief executive of chemical giant INEOS has met brothers Joel and Avram. [Ratcliffe](https://www.mirror.co.uk/all-about/jim-ratcliffe), 70, put himself in the running this week ahead of the reported mid-February deadline for proposals. United have done it really poorly. [Southampton](https://www.mirror.co.uk/all-about/southampton-fc), [Lille](https://www.mirror.co.uk/all-about/lille). The American tycoons' father, Malcolm, bought United for £790million in 2005. We have a different approach here to be moderately intelligent about it. "If it had been for sale in the summer then, yes, we would have probably had a go following on from the Chelsea thing. But we can't sit around hoping that one day Manchester United will become available.

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.

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 Glazers put Manchester United up for sale in November and billionaire Sir Jim Ratcliffe - also known as Britain's richest man - is interested in ...

Ratcliffe may only purchase a stake in United after the Glazers said they will "consider all strategic alternatives, including new investments". We welcome his interest and we want to see the nature of his proposal. [Manchester United](https://www.mirror.co.uk/all-about/manchester-united-fc) Supporters' Trust (MUST) has welcomed Sir Jim Ratcliffe's interest in buying the club - but they want the billionaire to "work in partnership with the fans". [INEOS](https://www.mirror.co.uk/all-about/ineos-plc) chief Ratcliffe, who is known as Britain's richest man, confirmed his desire to [complete a takeover of the Red Devils](https://www.mirror.co.uk/sport/football/news/breaking-manchester-united-takeover-ratcliffe-28979531) on Tuesday. United fans have campaigned against the Glazers' ownership of the club for many years. We're all realistic enough to know that the new owner could come from anywhere. It is believed they want more than £5billion from the buying party. Ratcliffe, who has been linked with a takeover for a number of years, is a self-confessed United fan and grew up in Greater Manchester. Ratcliffe's company already own Swiss club Lausanne-Sport and French side Nice. [Let us know in the comments below!](https://www.mirror.co.uk/sport/football/news/manutd-takeover-bid-ratcliffe-fans-28986840#comments-wrapper) "What I would say is that we judge every bid by its merits. Current custodians the Glazers put [the club up for sale](https://www.mirror.co.uk/sport/football/news/breaking-man-utd-sale-glazers-28560104) in November and Ratcliffe has become the first party to make a move.

British billionaire and INEOS chairman Ratcliffe is the first person to state their concrete plans to bid for the Old Trafford club, with friend and ...

[is also heavily involved in sports](https://www.mirror.co.uk/sport/football/news/ratcliffe-richest-man-mercedes-f1-26052069). [Formula 1](https://www.mirror.co.uk/sport/formula-1/) star Hamilton knows the British billionaire well – Ratcliffe is a part owner of the [Mercedes](https://www.mirror.co.uk/all-about/mercedes-f1) F1 team. [The billionaire's interest has been welcomed by the Manchester United Supporters Trust (MUST)](https://www.mirror.co.uk/sport/football/news/manutd-takeover-bid-ratcliffe-fans-28986840), who also have a warning for any new owner. United were [put up for sale in November by the Glazer Family](https://www.mirror.co.uk/sport/football/news/breaking-man-utd-sale-glazers-28560104) after a long period in which a large section of the club's fanbase have demanded change. Closing in on the end of his F1 career, the 38-year-old's business interests will sustain him once his racing days are over. Of the prospect of joining a Ratcliffe bid to buy Man United, Hamilton previously said: "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.

Sir Jim Ratcliffe, who is one of the UKs richest men, is looking to buy the football club he supported as a boy.

[Exxon Chemicals](/topic/exxon-chemicals). The firm has become a chemical giant now. In 1992, he led the buyout of [Inspec Group plc](/topic/inspec-group-plc). [US News](/news/international/us), [UK News](/news/international/uk), [Canada News](/news/international/canada), International Breaking News Events, and Latest News Updates on The Economic Times.) This helped him to form Ineos. He had also supported the club as a boy.

Seven-time Formula One world champion Sir Lewis Hamilton is not currently active in Sir Jim Ratcliffe's move to buy Manchester United.

[Hamilton, 38, formed part of Sir Martin Broughton's failed bid to buy Chelsea](/sport/sportsnews/article-10738791/Sir-Lewis-Hamilton-Serena-Williams-join-Sir-Martin-Broughtons-bid-buy-Chelsea.html) last year, but subsequently bought a stake in NFL franchise Denver Broncos. [The 70-year-old has a reported net worth a £12.5billion](/sport/football/article-11646687/Man-United-takeover-Sir-Jim-Ratcliffes-net-worth.html) thanks to the success of global chemical company INEOS, which is principal partner and one-third shareholder of Hamilton's Mercedes team. [Ratcliffe has entered the bidding for United](/sport/football/article-11645409/Britains-richest-man-Sir-Jim-Ratcliffe-CONFIRMS-hes-bidding-buy-Manchester-United.html) as one of the UK's richest men looks to complete a takeover of the club he supported as a boy.

LONDON - Ineos, the company owned by Jim Ratcliffe, a British billionaire and long-time Manchester United fan, has formally entered the bidding process to ...

Ineos is the principal partner to eight-time 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. QSI is currently the owner of French champions Paris St Germain and has a stake in Portuguese club SC Braga. The chemical firm has for a long time been involved in the world of sport, with links to Formula One, cycling, sailing, football and rugby. As of 2021, it is the fourth-largest chemical company in the world. He founded the Ineos chemicals group in 1998 and is the company’s chairman and chief executive officer with a two-thirds stake. According to Forbes, he has a net worth of US$15.5 billion (S$20.5 billion), making him the 112th-richest person in the world and one of Britain’s most wealthy businessmen.

The billionaire businessman expressed his interest in buying Man United on Tuesday.

"We have to make the club grow. However, Rivere is clearly confident that Ratcliffe cares about United and wants to see them grow. He wants to grow this club to which he is attached. Owning a club like United compared to Nice is an altogether different challenge that Ratcliffe and his team will have to overcome. A spokesperson for the billionaire said: "We have formally put ourselves into the process." [Foot Mercato](https://www.footmercato.net/a2953344512246321891-ogc-nice-jean-pierre-rivere-donne-son-avis-sur-un-possible-rachat-de-manchester-united-par-jim-ratcliffe)) back in September 2022: " [Jim](https://www.manchestereveningnews.co.uk/all-about/sir-jim-ratcliffe) has the means to buy Manchester United, who is the club of his heart, but Jim, who lives on the Côte d’Azur, loves OGC Nice.