Faced with news that the Glazer family, the owners of Manchester United, were willing to sell a small portion of their stake, tycoon Jim Ratcliffe, Britain’s richest man, shows his interest to buy, The Times reports.
A spokesman for Sir Jim Ratcliffe said: “If Manchester United is sold, Jim is a potential buyer. We would be interested in discussing long-term ownership.”
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Thus, Ratcliffe, billionaire owner of the company Ineos (chemical products and raw materials), I will soon buy a small bundle of those shares, pears from time to time to obtain a larger percentage. Ineos owners tend to seek complete control over the business they acquire. In that case, he would receive a minority share package if it was part of a plan to take control later.
A Ratcliffe spokesman also said: “It’s not about money being spent or not being spent. Jim sees what can be done now and knows how important the club is to the city, Looks like the time is right for a fresh start“
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