It was announced on Wednesday evening that The Glazers, who have been owners of United since 2005, were willing to sell the club.
Their statement read: “The strength of Manchester United rests on the passion and loyalty of our global community of 1.1 billion fans and followers,” the Glazers said in the statement. “As we seek to continue building on the Club’s history of success, the Board has authorized a thorough evaluation of strategic alternatives.
“We will evaluate all options to ensure that we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the Club today and in the future. Throughout this process we will remain fully focused on serving the best interests of our fans, shareholders, and various stakeholders.”
Ratcliffe, owner of petrochemicals giant Ineos, has noted The Glazers’ statement and will now look to take control of the club.
The Telegraph state he is wary about overpaying, though, with the Glazers said to be looking for a price in excess of £5bn.
MANCHESTER, ENGLAND – NOVEMBER 19: A general view outside the stadium prior to the Women’s Rugby League World Cup Final match between Australia and New Zealand at Old Trafford on November 19, 2022 in Manchester, England. (Photo by Jan Kruger/Getty Images for RLWC)
Ratcliffe tried to buy United in the summer
Ratcliffe spoke to the Glazers about the possibility of buying United in the summer.
The 70-year-old said: “I met with Joel and Avram, and they are the nicest people, and they don’t want to sell it.
“If it had been for sale in the summer, yes, we would probably have had a go, following on from the Chelsea thing. But we can’t sit around hoping one day Manchester United will become available.”
Where will Ratcliffe rank among Premier League’s richest owners?
According to Forbes, per the Mirror, Ratcliffe was named the 113th richest person in the world in 2021, with a net worth of £12.58 billion.
That would make him the third richest owner in the Premier League, behind Sheikh Mansour of Man City and Newcastle’s Saudi owners.
LONDON, ENGLAND – FEBRUARY 10: INEOS Founder and Chairman Sir Jim Ratcliffe (L) reacts during a press conference regarding INEOS and Mercedes future partnership at The Royal Automobile Club on February 10, 2020 in London, England. (Photo by Bryn Lennon/Getty Images)
Every Premier League owner’s net worth
20. Brentford – Matthew Benham (£3m)
19. Leeds – Andrea Radrizzani (£344m)
18. Nottingham Forest – Evangelos Marinakis (£505m)
17. Brighton – Tony Bloom (£765m)
16. Bournemouth – Maxim Denim (£900m)
15. West Ham – David Sullivan and David Gold (£1.62bn)
14. Everton – Farhad Moshiri (£1.9bn)
13. Liverpool – John Henry (£2.14bn)
12. Southampton – Gao Jisheng (£2.3bn)
11. Leicester – Aiyawatt Srivaddhanaprabha (£2.9bn)
MANCHESTER, ENGLAND – NOVEMBER 23: A general view of Old Trafford Stadium, the home of Manchester United Football Club on November 23, 2022 in Manchester, England. Yesterday, the club released a statement indicating that the Glazer family who are majority owners of the club said they will “consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company”. The announcement came on the same day the club announced its star player, Cristiano Ronaldo, was leaving with immediate effect. (Photo by Christopher Furlong/Getty Images)
10. Crystal Palace – Joshua Harris (£3.36bn)
9. Manchester United – The Glazers (£3.5bn)
8.. Tottenham – Joe Lewis (£3.6bn)
7. Wolves – Guo Guangchang (£4.5bn)
6. Aston Villa – Nassef Sawiris (£5.3bn)
5. Fulham – Shahid Khan (£5.8bn)
4. Arsenal – Stan Kroenke (£6.35bn)
3. Chelsea – Todd Boehly and Clearlake Capital (£10.86bn)