Britain’s richest man, Sir Jim Ratcliffe, has announced he is not interested in trying to buy Liverpool or Manchester United following news that the former is up for sale.
The INEOS owner has stated that he is currently focusing on improving the fortunes of his Ligue 1 side Nice as there is “better value” in France than in the Premier League.
“Our position has developed since the summer and we are now focusing our efforts on Nice and raising our ambitions for the club to become a top-tier club in France to compete with PSG,” a spokesman for Ratcliffe told The Telegraph. .
“This would represent much better value for our investment than buying one of the top-tier Premier League clubs.”
News broke on Monday that Liverpool’s owners, Fenway Sports Group, are interested in selling the club after 12 years in charge of its operation and would do so for around £4bn, the Athletic reports.
One of the names proposed to take over the club was Ratcliffe as he is worth $10.1bn and tried to buy Chelsea when the Blues were up for sale, offering £4.25m as reported by Sky Sports.
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According to the Daily Mail, Ratcliffe, a self-proclaimed Man United fan, also expressed interest in buying the Red Devils in August, but has now also made a somewhat surprising U-turn.
This is the second potential bidder to have expressed a lack of interest in buying Liverpool after Ben Jacobs reported that Mumtalakat Holding Company, Bahrain’s sovereign wealth fund, was not considering buying the Reds and has no plans to do so either. the future. near future.