Published by
Reuters UK
Reuters UK
By Manasi Pathak (Reuters) - Jim Ratcliffe’s company INEOS has formally entered the bidding process to buy Premier League soccer club Manchester United, a spokesperson for the chemical firm said on Tuesday. The Glazer family, United’s U.S. owners, said in November they had begun looking at options for the 20-times English champions, including new investment or a potential sale, 17 years after they bought the Old Trafford club. In August, British billionaire Ratcliffe, a long-time fan of the club, expressed interest in buying United, Reuters reported. “I can confirm that we have formally put ou…
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