INEOS CEO announces desire to buy Manchester United

Lately, the initiative of some clubs to be put up for sale has been frequent, in Brazil the procedure is called SAF (Sociedade Anônima de Futebol), where some clubs have adopted this measure of managing their football, which generates greater financial profits where the tendency is financial aid. With that, the Manchester United may have a new owner.

Along the same lines, outside Brazil it is common for football clubs to be managed by companies, business groups and also with investors from the Arab world. Two of those teams that have an ‘owner’ are the PSG it’s the manchester citywhere both teams are managed by sheiks.

In which, today, the two teams are two of the main management references in this way of managing the club. In the Premier League, practically all clubs have a large investment behind them, where they inject their money. With that, according to the English press, the club to be put up for sale was Manchester United, a giant English football club.

Playback: AP Photo
Playback: AP Photo

Namely, Manchester United was bought by the brothers Joel and Avram Glazzer, sons of Malcolm Glazer 17 years ago for €910 million (about R$3,166 billion at the time). After that time, club representatives announced their desire to sell the team;

“The board will consider all strategic alternatives, including new investments in the club, a sale or other transactions involving the company. This will include an assessment of various initiatives to strengthen the club, including stadium and infrastructure development, as well as an expansion of commercial operations on a global scale, each with the aim of enhancing the long-term success of the teams. male, female and the formation of the club, and to bring benefits to fans and other interested parties”, reads the statement issued this Tuesday night.

Therefore, a name interested in buying the English team quickly emerged. its about Jim Ratcliffand, CEO of INEOS. The information was passed on by his spokesperson;

“If the club is for sale, Jim is definitely a potential buyer”

Image: Reproduction
Image: Reproduction

It is worth remembering that the current owner of Nice, from France, has already shown interest in buying Chelsea, which was sold in the middle of this year. At the time, Jim was late into the business and was unable to make a proposal.

the sale of chelsea was an initial £2.5 billion plus £1.75 billion diluted over the next 10 years, thus totaling £4.25 billion. Chelsea were bought by the Todd Boehly-led consortium for a total value of €5.24bn (£4.4bn)

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