Sir Jim Ratcliffe Set To Bid For Manchester United
As per James Ducker of the Telegraph, Sir Jim Ratcliffe will bid for Manchester United once The Glazer Family officially puts the club on the market.
— James Ducker (@TelegraphDucker) November 23, 2022
Ratcliffe outlined his intentions to buy Man United a few months ago but his interest was reported to have died.
Now his renewed interest is said to be serious.
Sir Jim Ratcliffe is the current CEO of Ineos, a company he co-founded.
Manchester United released an official statement outlining their plans of a process to examine strategic investment options.
While nothing has been confirmed, it is thought that this will come in the form of a full sale of the club.
Despite this news, Kaveh Solhekol of Sky Sports believes the club will be bought by US investors.
Manchester United are for sale.
Glazer family willing to listen to offers for the club they bought in a controversial leveraged buyout 17 years ago. Expectation if club is sold, it will be to US investors.
— Kaveh Solhekol (@SkyKaveh) November 22, 2022
He also reported that Manchester United is valued at around £5 billion.
Man United will join Liverpool on the market after FSG put the 5-time Champions League winners up for sale earlier this month.
Stay tuned on United Flying High for all the latest on the sale on Manchester United.
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