What Jim Ratcliffe has said about Manchester United ahead of a potential £4bn Chelsea takeover

Britain’s richest man, Sir Jim Ratcliffe, has made a £4bn offer to buy Chelsea.

Roman Abramovich put Chelsea on the market last month and Ratcliffe is now emerging as a credible successor to the Russian with an 11-hour bid. Ratcliffe has been linked over the years with buying Manchester United from the Glazers.

“We made an offer this morning,” Ratcliffe told The Times. “We are the only UK bid. Our motives are simply to try and create a really nice club in London. We are not for profit because we make our money in other ways.”

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Ratcliffe, who was born in Failsworth, Greater Manchester and who supported United as he grew up, has pledged to invest £1.75bn in the development of Stamford Bridge, Chelsea’s team and infrastructure, along with the £2.5bn for the club’s transaction.

Given Ratcliffe’s strong ties to United, supporters have naturally suggested he would be the perfect owner to end the unpopular Glazers regime, and the billionaire has even talked about the Reds’ potential possession.

Ratcliffe, however, hardly sounds elated about United when he spoke in 2019 after his purchase from French club Nice.

†[Ineos] never wanna be the stupid money in town, ever. She [United] are in serious trouble as a company,” Ratcliffe said.

“They haven’t got the manager squad right, they haven’t bought well. They’ve been the stupid money you see with players like Fred. United have spent a huge amount since Ferguson left and were poor to say the least.” Shockingly bad, to be honest.

“We have a different approach here to deal with it fairly intelligently. Try to do it more at the grassroots and locate young talent. Some clubs seem to be able to do that, Southampton, Lille. United have done very poorly. ” They’ve lost the plot.”

Ratcliffe also spoke of United in September 2018 when he told The Telegraph: “It doesn’t get any better” [at United]† It has gone from bad to catastrophic. Talk about a glass half empty.”

Forbes estimated Ratcliffe’s net worth at around £12 billion.

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