There are reports that Qatari and Ineos owner Jim Ratcliffe may be preparing a second bid to buy Manchester United from the Glazer family in the coming days. This follows their failed attempt to purchase the club in 2021.
Ratcliffe, who is one of the richest people in the UK, has a net worth of over $18 billion, while the Qatari royal family has been investing heavily in sports teams and events in recent years, including ownership of French football club Paris Saint-Germain.
Manchester United has been owned by the Glazer family since 2005, but their tenure has been marked by protests from fans over their management of the club. The Glazers have been criticized for focusing more on commercial aspects of the club rather than investing in the team’s performance on the pitch.
A potential bid from Ratcliffe and the Qatari royal family could represent a new era for Manchester United, with the possibility of increased investment in the club’s playing staff and facilities.