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Sir Jim Ratcliffe Opens up on Buying Manchester United

Is Sir Jim Ratcliffe considering purchasing the football team Manchester United? That won’t happen any time soon, I guess. Following his chat with the Glazers, the English billionaire recently acknowledged that the move was rejected, saying that the club’s present owners aren’t interested in selling it.

Sir Jim Ratcliffe Opens up on Buying Manchester United

Ratcliffe professed his affection for Manchester United at the FT Live Conference. He declared that he was prepared to commit to the Ligue 1 team Nice because he wanted to invest in a football team.

“I’ve been a longtime supporter of Manchester United, and I was present at that game in Barcelona in 1999 that will always stand out in my memory. The Glazer family is the proprietors of Manchester United. Joel and Avram are the kindest individuals I’ve ever met. The males are polite. And they have no desire to sell. And the six father’s children who own it don’t want to sell, according to Ratcliffe.

The Glazer Family has been subject to criticism from Manchester United fans for a considerable amount of time. The owners burdened the club with their own debt when they took ownership in 2005, totaling over £550 million.

The club’s ability to update Manchester United’s training facilities, the Old Trafford Stadium, and make player purchases is hampered by the debt, which continues to be a component of the club’s annual budget. Additionally, the team has struggled under their ownership throughout time, finishing below the top four of the Premier League.

Ratcliffe sought to join the group that was trying to purchase the Chelsea football team earlier in the season. Following the unlawful Russian conquest of Ukraine, Roman Abramovic’s assets in England were confiscated, leading to the selling of the club.

After the Chelsea incident, we most likely would have given it a go if it had been up for sale in the summer. Ratcliffe said, “But we can’t just wait around and hope Manchester United would open up sometime.

Ratcliffe, supposedly the richest man in Britain, has stated that he is still looking for a top Premier League team and has a claimed net worth of £9.8 million.

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