British Billionaire Jim Ratcliffe stated his wish to buy Manchester United. Ratcliffe is the majority shareholder of INEOS, a chemical company.
As per software sportsbooks experts, Manchester United is valued at $4.6 billion. At present, the Glazer family owns the team. Aside from Manchester United, they also own the Tampa Bay Buccaneers in the NFL. Manchester United is one of the world’s greatest soccer clubs. However, it hasn’t won the English Premier League since 2013.
Ratcliffe’s interest in the team comes after a bookie pay per head solutions report based on unidentified sources. It stated that the Glazer family is amicable to selling a minority stake in the Premier League club.
Bits of gossip that the club was available to be purchased arose on Tuesday after Elon Musk posted on Twitter that he was buying the club. However, he later clarified that it was only a joke.
Ratcliffe is a majority investor of compound gathering INEOS. The company owns French side Nice, Swiss club Lausanne-Sport, and the Ineos Grenadiers cycling crew. In addition, it has a partnership deal with Formula One team Mercedes.
In May, Ratcliffe made the latest possible bid to purchase Chelsea FC. However, the Todd Boehly consortium outbid him for the team.
According to sports betting software reports, Manchester United has been struggling since Sir Alex Ferguson’s departure in 2013. Also, it is now at the bottom of the Premier League after losing two matches in the current season.