British billionaire Sir Jim Ratcliffe would be interested in buying a stake in Manchester United with a view to taking full control of the club.
Many Manchester United fans are still against the club’s current owners, the Glazer family. There has been talk of further protests against the regime. Their fortunes on the pitch have been far from ideal, either.
Off it, there has been a long-term desire from several supporters for a new owner to come in. And it has been revealed by Bloomberg that the Glazers are finally considering the sale of a minority stake in the club.
Since then, The Times has learned that Sir Jim Ratcliffe could be a potential buyer of Manchester United.
Earlier this year, the billionaire – who is the chairman of the Ineos group – was linked with a takeover of Chelsea. Ultimately, Todd Boehly took charge there instead.
Now, Ratcliffe could be in contention to buy into Manchester United.
A spokesman told The Times: “If the club is for sale, Jim is definitely a potential buyer.”
Although Ratcliffe tends to prefer full control of organisations, the chance to inherit a smaller stake with a view to greater control in future could appeal in this case.
The spokesperson added: “If something like this was possible, we would be interested in talking with a view to long-term ownership.”
Sir Jim Ratcliffe aware of need for Man Utd reset
Ratcliffe, whose estimated net worth is $13bn (over £10bn), could invest in the infrastructure of the club and their Old Trafford stadium.
Another quote read: “This is not about the money that has been spent or not spent. Jim is looking at what can be done now and, knowing how important the club is to the city, it feels like the time is right for a reset.”
Ratcliffe, 69, is a Manchester United supporter. He already has experience owning a football club, since he is at the helm of Ligue 1 outfit, Nice.
It would mean, though, that the organisation would have to consider alternative ownership structures, in case of having two clubs competing in Europe.
These are complicated processes, but it seems clear that an interest is there from Ratcliffe’s part.
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