Deals

Billionaire Jim Ratcliffe Leads Race to Invest in Manchester United

Billionaire’s stake offer could value club at over £5 billion
Ratcliffe competing against rival bid from Qatari investors

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By David Hellier, Daniele Lepido, and Giles Turner

October 12, 2023 at 5:18 PM UTC

Updated on

October 13, 2023 at 6:52 AM UTC

Jim Ratcliffe is emerging as the frontrunner to buy into English football giants Manchester United Plc, people with knowledge of the matter said, with the British billionaire’s recently revised offer giving him the edge over a rival proposal from Qatari investors.

The chairman of chemicals company Ineos Group Holdings SA is in talks with the club’s US owners, the Glazer family, and their advisers over the structure of a deal, according to the people.