Man Utd news: ‘Sir Jim Ratcliffe has money and experience to help’

Sir Jim Ratcliffe has the money and experience to be an asset to Manchester United should he take a stake in the club, says football finance expert Kieran Maguire.

It has been reported that the British billionaire was interested in buying United following a report from Bloomberg that the Glazer family were ready to sell a minority stake in the club.

Ratcliffe, born in Lancashire, majority shareholder of chemical group Ineos, is a childhood fan of the club. It also owns French team Nice, Swiss club Lausanne-Sport and cycling team Ineos Grenadiers, while Ineos has a partnership with the Mercedes F1 team.

“He already owns a football club so he’s not going into this blind,” Maguire told BBC Radio Manchester. “He knows the constraints and the tensions that this entails.

“He’s got money, so it’s not a case like some other people who have thrown their hats in the ring, who then have to provide [evidence of] funding.

“He can certainly afford to buy the club and will be able to introduce a different style of management.

“If Jim Ratcliffe is going to invest a significant amount of money into the club, he will be in a strong position to bring some of his influence to the board and have a say in decision-making.

“Having someone with their track record of success in sporting and non-sporting endeavors could help solve that particular problem.”

Ratcliffe had previously failed with an offer to buy Roman Abramovich from Chelsea, and his potential transfer to United would be welcomed by their fans according to Andy Mitten, editor of the United fanzine We Stand…

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