INEOS KEEN ON BUYING UNITED
The Straits Times|January 19, 2023
But owner Ratcliffe may face rivalry from Saudi investors, who are eyeing Red Devils
INEOS KEEN ON BUYING UNITED

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

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.

The boyhood United fan, who made an unsuccessful £4.25 billion (S$6.8 billion) bid to buy Chelsea in 2022, has long been linked with the Old Trafford outfit.

"We have formally put ourselves into the process," an Ineos spokesman told the BBC.

After failing with his Chelsea takeover when Roman Abramovich sold the Blues to American tycoon Todd Boehly and his consortium, Ratcliffe is back in the hunt for a Premier League giant.

United have yet to comment on the news of the 70-year-old's interest in taking over from the United States-based Glazers.

Born in Failsworth, Greater Manchester, Ratcliffe is one of Britain's richest men and is more palatable to the United support than the Glazers, who have experienced numerous fan protests during their troubled reign.

This story is from the January 19, 2023 edition of The Straits Times.

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This story is from the January 19, 2023 edition of The Straits Times.

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