March 1, 2024
Sir Jim Ratcliffe

Sir Jim Ratcliffe

Sir Jim Ratcliffe, a British billionaire, has expressed desire to buy Manchester United.
The 69-year old’s interest was made public after a Bloomberg story that the Glazer family was prepared to sell a small percentage of the club.
According to Ratcliffe’s representative, “Jim is absolutely a potential buyer if the club is for sale,” He told The Times, the BBC Sport.

If something similar could be done, we would be open to discussing long-term ownership.

United, a 20-time English champion, is currently in last place in the Premier League after losing both of its preseason games. New manager Erik Hag.

The awful start has heightened disapproval of the Glazers and their alleged lack of support for the team.

Frenkie de Jong of Barcelona, a Dutch midfielder, was unsuccessfully pursued by Manchested United this summer, and star striker Cristiano Ronaldo may depart Old Trafford.
Since Sir Alex Ferguson’s retirement in 2013, the team has struggled, and it hasn’t won a title since 2017.
Numerous demonstrations against the Glazers’ ownership have taken place in recent years, including one in May 2021 that forced the postponement of the Red Devils’ home league game against Liverpool.

During Monday’s match at Old Trafford against their Anfield rivals, Man United supporters will stage a new protest against the American family.

Lancashire-born Ratcliffe, the primary owner of the chemical company Ineos, has supported the team since he was a little lad. He also owns the cycling team Ineos Grenadiers and the French team Nice, as well as the Swiss club Lausanne-Sport and the F1-affiliated Ineos.
The spokesperson continued, “This is not about the money that has been spent or not spent. “Jim is considering what can be done right now, and given the significance of the club to the community, it seems like the moment has come for a fresh start.
Ratcliffe’s interest was cautiously welcomed by the Man United Supporters’ Trust, although they added that supporters would need to back a takeover.

READ ALSO: The complete list of 2022 Ballon d’Or nominees

While supporters have advocated for reform, a MUST representative told BBC Sport: “This of course has to be the right change.

“Any potential new owner must be dedicated to the club’s culture, ethos, and highest traditions. To restore United to its previous glory, they must be willing to make an investment, and that investment must be genuine fresh money spent on the playing side and the stadium. The operating model of any new ownership structure must incorporate supporters, including some kind of fan share ownership.
The richest man in the world, Elon Musk, earlier on Wednesday claimed in a tweet that he was buying Manchester United that he was joking.

Forbes estimates that Musk, a 51-year-old billionaire, is worth $270 billion (£223 billion), whereas Ratcliffe is worth an estimated $16.3 billion (£13.5 billion).
Ratcliffe attempted to purchase Chelsea in May after owner Roman Abramovich placed the London club up for sale, but his £4.25 billion bid was rejected.
Ratcliffe stated to BBC Sport at the time that he was still a fan of Man United and that the reason he was not placing an offer for the Red Devils was that they were not up for sale.

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