The CEO of INEOS has expressed interest in buying the Red Devils at some point in the future, according to representatives of Britain’s richest man, should the club’s current owners decide to sell. The 69-year-old was rumored to be considering purchasing a minority stake in the team before eventually buying out the infamous Glazers, as confirmed by The Times.
A statement read: “If the club is for sale, Jim is definitely a potential buyer. If something like this was possible, we would be interested in talking with a view to long-term ownership.
“This is not about the money that has been spent or not spent. Jim is looking at what can be done now and, knowing how important the club is to the city, it feels like the time is right for a reset.”
That plan, though does not work well with the Glazers as they are reportedly interested in keeping a controlling stake at Old Trafford, which would hinder Ratcliffe’s plans to complete a full purchase of the club.
Whether or not that position changes will remain to be seen, but any additional investment from the Glazers would be a significant one given that they have owned Man United since 2005.
The Red Devils have won five Premier League championships, the Champions League, the Europa League, and many other trophies since their arrival, but the American investors have come under heavy fire.
While Old Trafford’s poor condition is a source of annoyance, the club’s terrible transfer policy has been a recurring topic of discussion. Throughout this time, protests have been frequently held against the Glazers, especially after the team announced its intention to play in the European Super League.