Deals
Billionaire Jim Ratcliffe Joins Race to Buy Manchester United
- Ratcliffe’s Ineos ‘formally’ in process, spokesman says
- Stock erases loss in New York; has soared since November
Jim Ratcliffe
Photographer: Bertrand Guay/AFP/Getty ImagesThis article is for subscribers only.
British billionaire and Manchester United fan Jim Ratcliffe officially joined the race to buy the English soccer giant.
“I can confirm that we have formally put ourselves into the process,” a spokesman for Ratcliffe’s Ineos Group AG, said by email. Ratcliffe becomes the first potential bidder to publicly declare an interest in purchasing the team.