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Jim Ratcliffe

Manchester United sale: Ineos owner Jim Ratcliffe to bid for club after turning down chance to buy Liverpool

Jim Ratcliffe will bid to buy Manchester United after the Glazer’s formally put the club up for sale, although there remains a considerable difference between valuations.The Ineos owner’s August comments are now seen as the start of a long negotiation process. While the Glazers want £6bn, and the Raine bank mandated to oversee any sale is expected to push for the highest price in a manner they did with Chelsea, Ratcliffe is seeking to buy it for under £5bn.The petrochemicals billionaire already owns Nice, and The Independent can reveal that he has already been offered the chance to buy Liverpool...
Picture for Manchester United sale: Ineos owner Jim Ratcliffe to bid for club after turning down chance to buy Liverpool
Telegraph

Romance? No, Sir Jim Ratcliffe will want a profit from Manchester United

Sir Jim Ratcliffe's eyes lit up as he addressed a business gathering, recalling his great night as an unknown supporter high up in the Camp Nou for Manchester United's most famous night. "You know, the club is burned deep into my memory," he told the FT Conference just last month.
Telegraph

Jim Ratcliffe will need all his financial firepower to save Man Utd

It’s not just households being hit by rocketing energy prices. Spare a thought for billionaire industrialist Sir Jim Ratcliffe, whose main business making chemicals is massively energy intensive. Granted, he cleverly acquired a portfolio of North Sea energy production assets from BP and others before the Ukraine crisis hit,...
Telegraph

Exclusive: Sir Jim Ratcliffe will bid for Manchester United

Sir Jim Ratcliffe will bid for Manchester United after the Glazers formally put the club on the market, Telegraph Sport can reveal. Ratcliffe, one of Britain's richest men and a United fan, had been the first billionaire to declare interest when rumours first surfaced of a potential sale over the summer.
Telegraph

Sir Jim Ratcliffe refusing to rule out move to buy Manchester United

Sir Jim Ratcliffe's Ineos is declining to comment on potential interest in buying Manchester United after the Glazers formally put the club on the market. Ratcliffe, one of Britain's richest men and a United fan, had been the first billionaire to declare interest when rumours first surfaced of a potential sale over the summer.
sportspromedia.com

Reports: Jim Ratcliffe and David Beckham emerge as Manchester United suitors

Ratcliffe had first declared interest in the summer. Beckham ‘open’ to talks with potential bidders. Glazers confirmed they were exploring ‘strategic alternatives’ for United. Ineos founder Jim Ratcliffe is planning a bid for Manchester United and English soccer icon David Beckham is open to talking to...
Sports Business Journal

Jim Ratcliffe expected to bid for Manchester United

Billionaire Jim Ratcliffe will reportedly bid for Manchester United after the Glazers "formally put the club on the market." Ratcliffe, one of Britain's richest men and a United fan, "had been the first billionaire to declare interest when rumours first surfaced of a potential sale over the summer." The owner of petrochemicals giant Ineos "will now table a fresh approach -- although he is wary about overpaying" as sources suggest the Glazers are looking for a price in excess of £5B ($6B). Ratcliffe "previously contacted the Glazers in August but concluded at the time that a deal appeared unlikely." He also "has experience dealing with broker Raine Group as they had been taking offers for Chelsea." Ratcliffe's failed bid to buy Chelsea over the summer was reportedly late "because he had been waiting for the price to drop" (London TELEGRAPH, 11/23).
Telegraph

Jim Ratcliffe rides the energy crisis as Ineos bets big on oil and gas

After 34 years climbing the ranks of a FTSE 100 stalwart, Brian Gilvary is enjoying the nimbleness of his new employer – the private chemicals giant Ineos. “We’ve got three shareholders - Jim, John and Andy,” says the former BP finance chief. “The decision-making process is no less rigorous than in a PLC. But there is a dynamism about a company where everybody is living and breathing it every minute.”
Telegraph

Sir Jim Ratcliffe to bring gas to Europe as bloc scrambles for supplies

Sir Jim Ratcliffe’s chemicals giant is to supply Europe with American liquified natural gas (LNG) as concerns mount over supplies following EU sanctions on Russia. Ineos said the two-decade agreement with California-based Sempra Infrastructure will allow it to import as much as 1.4 million tonnes of LNG per year.
LOUISIANA STATE

Chelsea sale: Supporters’ group urges swift deal after Sir Jim Ratcliffe talks

The sale of Chelsea FC must happen swiftly and transparently to avoid putting the club in existential danger, a supporters’ group has warned.The Chelsea Supporters’ Trust (CST) said it had held a meeting on Thursday with representatives of Sir Jim Ratcliffe, the British billionaire who tabled a last-ditch £4.25billion bid for the club last Friday.The Trust said it raised concerns with Ratcliffe’s associates over their ability to complete a deal by May 31, because the bid was submitted outside of the formal process being run by American merchant bankers Raine.A special licence issued by the government allowing Chelsea to operate...
sportspromedia.com

Sir Jim Ratcliffe vows to continue Chelsea acquisition bid despite Raine Group rejection

Ratcliffe made UK£4.25m bid on day Raine Group identified Todd Boehly’s group as preferred bidder. Rival consortia could re-enter picture if Boehly and his peers falter. Sir Jim Ratcliffe’s bid to buy Chelsea has been rejected by the bank overseeing the sale – but Britain’s richest man is not accepting defeat in his Stamford Bridge quest.
BBC

Chelsea: Sir Jim Ratcliffe 'not giving up' on buying Premier League club

Billionaire Sir Jim Ratcliffe says he is "not giving up" on taking over Chelsea despite "disappointing communication" over his £4.25bn offer. Ratcliffe, the majority shareholder of chemical group Ineos, made the late bid for the Premier League club on Friday. Earlier on Wednesday, Ineos director Tom Crotty said the...