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 told Reuters on Tuesday.
In August, British billionaire Ratcliffe, a long-time fan of the club, expressed interest in buying United, Reuters reported. INEOS's interest in United comes after the energy group also bought French Ligue 1 club Nice in 2019.
Source: News Formal (newsformal.com)
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