Sir Jim Ratcliffe officially enters bidding process

Sir Jim Ratcliffe has ‘formally’ entered the bidding process to buy Manchester United from the Glazer family, a spokesperson for the billionaire has confirmed.

Ratcliffe is commonly referred to as Britain’s richest man, heading up petrochemicals firm INEOS. He was born and raised in Manchester and has been a lifelong United fan.

Despite his longstanding affinity with the Red Devils, Ratcliffe had tried to buy Chelsea last year but missed the bidding deadline with his £4.25bn offer.

“We have formally put ourselves into the process,” read a short statement from Ratcliffe’s camp on…

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