Football: company Ineos is candidates for buyout of Manchester United

Son CEO, Jim Ratcliffe, already has the OGC Nice and FC Lausanne-Sport.

MO12345LEMONDE With AFP

Billionaire Jim Ratcliffe could add a new football team to its arsenal. The British group Ineos, specializing in the chemistry sector and already owner of the Nice football club and FC Lausanne-Sport, has been a candidate for the buyout of Manchester United, reports the British daily The Times , Tuesday, January 17.

“We have formally entered the process,” said a group spokesperson for the BBC, adding that the Jim Ratcliffe group was in contact with the Raines business bank, charged by the American owners of the Red Devils, the Glazer family, to control the sale.

The Brothers Glazer, Avram and Joel, whose family has owned the English club since 2005, announced that they were considering the possibility of selling the club in November 2022. The board of directors of Manchester United declared to consider ” All strategic alternatives, including a new investment in the club, a sale, or other transactions involving the company “.

The Glazer family also has the American Buccaneers football team at Tampa Bay.

/Media reports cited above.