Sir Jim Ratcliffe’s company Ineos issues statement after formally joining process to buy club

British billionaire Sir Jim Ratcliffe’s firm Ineos has officially issued a statement after making a bid to takeover Manchester United.

The Glazer family announced in November that they were considering selling the club and we now have two bidders going public with their offers, including Qatar’s Sheikh Jassim Bin Hamad Al Thani and Sir Jim Ratcliffe.

In a new statement, however, Ineos said the company had formally put themselves into the bidding process.

“Sir Jim Ratcliffe and INEOS have submitted a bid for majority ownership of Manchester United Football Club. We would see our role as the long-term custodians of Manchester United on behalf of the fans and the wider community.

“We are ambitious and highly competitive and would want to invest in Manchester United to make them the number one club in the world once again … making the club a beacon for a modern, progressive, fan-centred approach to ownership.

“We want a Manchester United anchored in its proud history and roots in the North-West of England, putting the Manchester back into Manchester United and clearly focusing on winning the Champions League.”

Ratcliffe was part of an unsuccessful bid to buy Chelsea last year after Russian owner Roman Abramovic put the club up for sale, so he has always come across as a bit of a chance.

This is a lifelong United fan who wanted to save Chelsea and his work at Ligue 1 Nice hasn’t been very impressive…

His personal wealth is estimated at somewhere between £11bn and £6bn, which makes him the 27th wealthiest person in the UK as per Sunday Times Rich List.

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