Science

Jim Ratcliffe: British billionaire interested in buying Manchester United

In an email to CNN Sport, a spokesperson for Ratcliffe confirmed interest in the popular Premier League club, stating: “We are simply confirming interest in a club if it is up for sale. »

According to Forbes, Manchester United is worth $4.6 billion. It is controlled by the Glazer family, who also own the pirate NFL Tamba. Manchester United is one of the biggest football clubs in the world, but they haven’t won the Premier League since 2013.

Ratcliffe’s interest came after Bloomberg reported, citing unnamed sources, that the Glazers were ready to sell a minority stake in the Premier League club to a US investment firm.

Rumor has it that the club will be put up for sale on Tuesday after Elon Musk tweeted that he was buying the club. He later clarified that his statement was part of an old joke that he did not buy any sports teams.

CNN contacted the Glazer family and Manchester United and received no confirmation of the club’s sale.

Read: Manchester United game plan went ‘in the trash’ after 4-0 defeat, says manager Eric Ten Hag

Ratcliffe is the majority shareholder of the chemical group INEOS, which owns the French club Nice, the Swiss club Lausanne Sport and the Ineos Grenadiers cycling team, and is also affiliated with the Mercedes F1 team.

In May, Ratcliffe made a last-minute bid for Chelsea before losing to the Todd Boehle Consortium.

The Manchester United Supporters Trust released a statement regarding the rumors of a possible change of ownership, saying: “Rumors of a possible change of ownership or new investors in Manchester United are growing.

“While supporters are calling for change, that change must of course be true. Any potential owner or investor must adhere to the culture, philosophy and best traditions of the club.

“They have to be willing to invest in bringing back United to their former glory and that investment has to be real money spent on the playing side and on the pitch. »

Manchester United have struggled for form since the departure of legendary manager Sir Alex Ferguson in 2013 and are currently bottom of the Premier League after losing both matches this season.

CNN’s Deeksha Maddock contributed to this report.

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