Manchester United: Five questions as Sir Jim Ratcliffe nears £1.3bn deal October 15, 2023 A year after declaring his interest in buying Manchester United, Sir Jim Ratcliffe looks set to get his way – sort of – via a £1.3bn minority investment that appears to have won the Glazer family’s approval and could be sealed this week. But while the deal promises to bring an end to the saga [...]
Sir Jim Ratcliffe set to pay 100 per cent premium for Manchester United stake October 15, 2023 Sir Jim is poised to spend £1.3bn on a 25 per cent stake in his boyhood club.
INEOS boss Sir Jim Ratcliffe brands CMA ‘increasingly hostile to business’ after $1bn deal snub July 4, 2023 INEOS chair Sir Jim Ratcliffe has lashed out at Britain’s competition watchdog for being “increasingly hostile” to business – after it blocked a $1bn deal involving his firm. The business titan who founded the private chemicals giant made his comments after the Competition and Markets Authority prevented INEOS’ acquisition of Sika AG, a concrete additives [...]
Qatari bidder Sheikh Jassim rules out Manchester United move for Lionel Messi May 10, 2023 Manchester United will not make any attempt to sign Lionel Messi on a free transfer this summer if Sheikh Jassim Bin Hamad Al Thani buys the club. Messi, 35, is due to leave Paris Saint-Germain next month when his contract with the Qatar-owned French champions expires. His availability has sparked a €1bn scramble for his [...]
Manchester United bidders heading for Old Trafford talks this week March 15, 2023 Sir Jim Ratcliffe, one of Britain’s richest men and a hopeful buyer of Premier League outfit Manchester United, is set to appear at Old Trafford tomorrow to receive a presentation on the potential sale of the club. In addition to Ratcliffe’s appearance tomorrow, representatives of Shaikh Jassim bin Hamad Al Thani – the man behind [...]
INEOS secures £3.1bn to build Europe’s greenest ‘cracker’ power plant February 13, 2023 The Belgian chemical arm of INEOS has raised £3.1bn (€3.5bn) to build the most environmentally sustainable cracker in Europe.
Ineos founder Ratcliffe ‘formally’ enters race to buy Manchester United January 17, 2023 Founder of Ineos and one of Britain’s richest men Sir Jim Ratcliffe has officially entered the race to buy Premier League club Manchester United. The current owners, the Glazer family, have appointed a merchant bank – believed to be the Raine Group – to take bids for the Manchester Club, which could fetch up to [...]
Ineos in talks with Rolls-Royce to build mini nuclear reactor and power Scottish chemical refinery November 27, 2022 Ineos is reportedly in talks with Rolls-Royce to build a mini nuclear reactor and power its Scottish chemical refinery. Jointly owned by China’s PetroChina, the Grangemouth factory will need to reach net-zero by 2045 to comply with the Scottish government’s environmental targets, the Sunday Telegraph reported. While Scottish First Minister Nicola Sturgeon has opposed the [...]
Ineos presented with £1.2bn bill to make Defender’s rival October 9, 2022 Ineos Automotive has been presented with a £1.2bn bill for its efforts to manufacture a rival to Land Rover’s Defender. Since its 2017 foundation, the car maker – a subsidiary of chemicals giant Ineos Industries – has faced several challenges, as first reported by the Sunday Times. Ineos doubled its losses to €212m (£193m) in [...]
Chelsea sale: Sir Jim Ratcliffe bid ‘rejected out of hand’ by Roman Abramovich’s bankers May 4, 2022 Sir Jim Ratcliffe’s bid for Chelsea has been “rejected out of hand”, according to senior figures at his business the Ineos Group. The British petrochemicals billionaire made an 11th-hour offer for the Premier League club last week which comprised £2.5bn plus a commitment to invest a further £1.75bn. But Ratcliffe has indicated that he is [...]