Former Manchester United striker Louis Saha has admitted he is surprised the takeover of the club was not completed before the end of the season.
Sir Jim Ratcliffe's worth quintuples to £30billion in boost for Manchester United rebuild prospects
19.05.2023 - 07:45 / manchestereveningnews.co.uk
Manchester United prospective buyer Sir Jim Ratcliffe is now Britain's second richest person, according to the Sunday Times Rich List.
Ratcliffe is currently in talks to buy United from the Glazers and he's said to be worth an estimated £29.688billion, which makes him the second richest person in the UK behind the Hinduja family, with a wealth of £35bn. In last year's rich list, Ratcliffe was estimated to be worth £6.05bn.
The 70-year-old, who was born in Failsworth and supports United, was named the UK's wealthiest person in 2018.
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Robert Watts, the compiler of the Sunday Times Rich List, said: “This year we have new information about the full scale of INEOS’ profits and that has made us confident that INEOS is now worth at least £40bn. We have also learned more about the personal assets that Jim has accumulated over the past 25 years.”
Ratcliffe is the chief executive of the chemical giant INEOS and he's currently vying to be named as the preferred bidder for a takeover at Old Trafford, competing against Sheikh Jassim bin Hamad al Thani for that status.
Some fans have raised concerns that Ratcliffe would not be able to fund the kind of rebuild that many believe is needed at United, with a new or regenerated stadium, significant investment in the training ground, and investment in new players all required, but Ratcliffe's newfound wealth should ease some of those fears.
Ratcliffe made his final bid for United in late April and was thought to be the frontrunner to buy the club, but Sheikh Jassim submitted an eleventh-hour bid thought to be around £5.5billion earlier this week, which is now being considered.
Although Ratcliffe’s initial proposal
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