Jim Ratcliffe: British billionaire is interested by shopping for Manchester United


British billionaire Jim Ratcliffe expressed curiosity in shopping for Manchester United on Tuesday – if the membership is on the market.

In an e mail to CNN Sport, a spokesman for Ratcliffe confirmed his curiosity within the famend Premier League membership, saying: “We are simply confirming interest in the club if it is for sale.”

Based on Forbes, Manchester United is price $4.6 billion. Managed by the Glazer household, which additionally owns the NFL’s Tampa Bay Buccaneers, Manchester United is among the largest soccer golf equipment on the planet, however it hasn’t received the English Premier League since 2013.

Ratcliffe’s curiosity comes after a Bloomberg report, citing unidentified sources, that the Glazer household is open to promoting a minority stake within the Premier League membership to a US funding agency.

Rumors that the membership was on the market emerged on Tuesday after Elon Musk tweeted he was shopping for the membership earlier than later clarifying that his assertion was a part of a long-running joke and he wasn’t shopping for any sports activities staff.

CNN has reached out the Glazer household and Manchester United and has not obtained affirmation that the membership is on the market.

READ: Manchester United’s recreation plan went ‘in the bin’ throughout 4-0 defeat, in response to supervisor Erik ten Hag

Ratcliffe is a majority shareholder of chemical group INEOS which owns French facet Good, Swiss membership Lausanne-Sport, the Ineos Grenadiers biking staff and has a partnership with the Mercedes F1 staff.

In Could, Ratcliffe made a last-minute bid to purchase Chelsea FC earlier than dropping out to the Todd Boehly consortium.

The Manchester United Supporters Belief has launched a press release addressing the rumors a couple of potential change of possession saying, “Hypothesis is mounting a couple of potential change of possession or new buyers on the Manchester United.

“Whereas supporters have referred to as for a change, after all this must be proper change. Any potential proprietor or investor must be dedicated to the tradition, ethos and the very best traditions of the membership.

“They have to be willing to invest to restore United to former glories, and that investment must be real new money spent on the playing side and the stadium.”

Manchester United have struggled for kind for the reason that departure of legendary supervisor Sir Alex Ferguson in 2013 and at present sits on the backside of the Premier League having misplaced each of its matches within the present season.