British billionaire Jim Ratcliffe had made a bid to purchase Manchester United, one of the world’s most iconic football clubs. Ratcliffe, who made his fortune as the founder of the chemical company Ineos, reportedly offered over £3 billion for the club, which is currently owned by the Glazer family.
Ratcliffe has long been a fan of football and has been involved in the sport through Ineos’ sponsorship of several teams, including French club OGC Nice and British cycling team Team Sky. However, his bid for Manchester United marks his most ambitious move yet in the world of football.
The news of Ratcliffe’s bid was met with mixed reactions from Manchester United fans, many of whom have long been critical of the Glazers’ ownership of the club. Some saw Ratcliffe as a potential savior who could invest in the team and help return them to their former glory, while others were wary of his lack of experience in football ownership and the potential for his ownership to lead to even more commercialization of the club.