Billionaire Jim Ratcliffe confirms interest in buying Manchester United

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One of the richest men in England, the businessman Jim Ratcliffe, confirmed the interest of his conglomerate, the Ineos group, in taking over the Manchester United. The company contacted the bank responsible for the sale of the English club, and the announcement was made this Tuesday.

This is the first person interested in buying Manchester United to go public. The club's sale process began in November last year.

The Glazer family has owned the property since 2005 and intends to “maximize the institution's growth opportunities.

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The official application process to purchase the Manchester United is scheduled to begin in February. This season, interested parties will need to submit financial documents and commit to due diligence on the acquisition.

The purchase of Manchester United could cost 5,000 million dollars.

English Jim Ratcliffe confirms interest in buying Manchester United

The 70-year-old billionaire was born in the city of Failsworth, which is part of the Manchester region. I had already expressed interest in purchasing United in August of last year.

Ratcliffe also tried buy Chelsea after what Roman Abramovich will leave Russia. But he lost the dispute to a group led by American businessman Todd Boly.

According to Forbes magazine. Is he founder, president and largest shareholder of the Ineos group, which operates mainly in the chemical industry. The group also owns Nice.

United with a salon in Davos

He Manchester United created a salon in Davos, Switzerland, as part of the World Economic News Group. The club denies that the intention is to attract potential investors and buyers, and says that the proposal is to welcome existing customers and business partners.