The Sunday Review

British billionaire Jim Ratcliffe’s company INEOS officially entered the bidding process to buy Premier League soccer club Manchester UnitedAccording to The Times This Wednesday

After that comes the best United’s owners, the Glazer family, announced they were exploring new investment or the potential sale of the English Premier League side in November 2022.

“I can confirm that we have formally put ourselves into the process,” Without providing further information, the spokesperson stated.

Ratcliffe holds a majority share in the chemical company INEOS The company also owns Nice (France), Lausanne-Sport (Switzerland), the Ineos Grenadiers cycling club, and is a partner with Mercedes F1 Team.

Ratcliffe previously indicated an interest to purchase the Red Devils this summer.

An email to The Sunday Review Sport, August. A spokesperson for Ratcliffe stated that Ratcliffe is interested in the Premier League. “We are simply confirming interest in the club if it is for sale.”

According to Forbes, Manchester United It is valued at $4.6 billion

Controlled by the Glazer family, which also owns the NFL’s Tampa Bay Buccaneers, United is one of the biggest soccer clubs in the world, but it hasn’t won the English Premier League since 2013.

In May, Ratcliffe made a last-minute bid to buy Chelsea FC before losing out to The Todd Boehly Consortium