{"id":242406,"date":"2023-01-18T00:19:59","date_gmt":"2023-01-17T23:19:59","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=242406"},"modified":"2023-01-18T00:19:59","modified_gmt":"2023-01-17T23:19:59","slug":"british-millionaire-ratcliffe-declares-interest-in-buying-man-utd","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/01\/18\/british-millionaire-ratcliffe-declares-interest-in-buying-man-utd\/","title":{"rendered":"British millionaire, Ratcliffe declares interest in buying Man Utd"},"content":{"rendered":"

Sir Jim Ratcliffe has announced himself as a contender to buy Manchester United.<\/p>\n

Ratcliffe, head of chemical company, INEOS, and Britain\u2019s richest man with a reported worth of \u00a39.8 billion, registered an interest to buy the club from the Glazer family, who revealed in November, 2022 they are looking at \u201cstrategic alternatives\u201d including outside investment or a sale.<\/p>\n

Formal bids are not expected until February but Ratcliffe is the first to announce his intention to explore the possibility of acquiring the Premier League side.<\/p>\n

A spokesman told ESPN on Tuesday: \u201cI can confirm that we have formally put ourselves into the process.\u201d<\/p>\n

Ratcliffe is expected to face competition from the United States, the Middle East and Asia, although at this stage interested parties are only signing up to undertake due diligence before deciding on their next steps.<\/p>\n

Ratcliffe, a boyhood United fan who made an offer to buy Chelsea last year, said in October that he had met Joel and Avram Glazer but that they did not want to sell.<\/p>\n

\u201cManchester United was one of those top three clubs with Barcelona and Real Madrid,\u201d Ratcliffe told the Financial Times in October.<\/p>\n

\u201cA few more have joined that club with Bayern Munich, Paris Saint-Germain and Manchester City. Liverpool are a little bit closer.<\/p>\n

\u201cBut Manchester United<\/a> are not playing in that league of those other teams at the moment and haven\u2019t done for quite some years since Sir Alex Ferguson stepped down [in 2013].<\/p>\n

\u201cSo they\u2019re not firing on all cylinders, that\u2019s my point on performance.\u201d<\/p>\n

The Glazers have owned United since 2005 when they completed a leveraged buy-out and have faced widespread supporter unrest over the last 18 years.<\/p>\n

The club have not won a trophy since 2017 and last won the Premier League title in 2013, the year Ferguson retired. Around 10,000 fans joined a protest against the Glazer Family\u2019s ownership ahead of the 2-1 win over Liverpool in August.<\/p>\n

Sources told ESPN that the Glazer family are looking to raise a world record fee for a sports team and believe they can attract offers of more than \u00a36bn ($7.25bn).<\/p>\n","protected":false},"excerpt":{"rendered":"

Sir Jim Ratcliffe has announced himself as a contender to buy Manchester United. Ratcliffe, head of chemical company, INEOS, and Britain\u2019s richest man with a reported worth of \u00a39.8 billion, registered an interest to buy the club from the Glazer family, who revealed in November, 2022 they are looking at \u201cstrategic alternatives\u201d including outside investment […]<\/p>\n","protected":false},"author":13,"featured_media":242407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"custom","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"floatbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[6],"tags":[38438,144,55287,2167],"class_list":["post-242406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports","tag-glazer-family","tag-manchester-united","tag-ratcliffe","tag-sales"],"yoast_head":"\nBritish millionaire, Ratcliffe declares interest in buying Man Utd<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2023\/01\/18\/british-millionaire-ratcliffe-declares-interest-in-buying-man-utd\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"British millionaire, Ratcliffe declares interest in buying Man Utd\" \/>\n<meta property=\"og:description\" content=\"Sir Jim Ratcliffe has announced himself as a contender to buy Manchester United. 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