Manchester United: Sir Jim Ratcliffe’s INEOS officially joins process to buy club

Sir Jim Ratcliffe
Sir Jim Ratcliffe is one of the richest men in Britain, according to Forbes

British billionaire Sir Jim Ratcliffe’s Ineos has officially entered the race to buy Manchester United.

A spokesman for Ineos said: “We have formally committed ourselves to this process.”

Ratcliffe made an unsuccessful bid for Chelsea last year for £4.25bn after owner Roman Abramovich put the London club up for sale.

Born in Failsworth, Greater Manchester, the son of a carpenter, Ratcliffe grew up a Manchester United fan and is one of the wealthiest men in Britain.

The Old Trafford club have improved under manager Erik ten Hager this summer and are currently fourth in the Premier League.

They beat cross-city rivals Manchester City 2-1 on Saturday and are nine points behind leaders Arsenal.

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