{"id":296451,"date":"2023-10-20T04:54:09","date_gmt":"2023-10-20T04:54:09","guid":{"rendered":"https:\/\/sportstons.com\/?p=296451"},"modified":"2023-10-20T04:54:09","modified_gmt":"2023-10-20T04:54:09","slug":"man-utd-bidder-sir-jim-ratcliffe-could-buy-all-20-prem-clubs-with-huge-fortune","status":"publish","type":"post","link":"https:\/\/sportstons.com\/soccer\/man-utd-bidder-sir-jim-ratcliffe-could-buy-all-20-prem-clubs-with-huge-fortune\/","title":{"rendered":"Man Utd bidder Sir Jim Ratcliffe could buy all 20 Prem clubs with huge fortune"},"content":{"rendered":"<h3>Jim Ratcliffe&#039;s potential Man Utd investment assessed | Football Digest<\/h3>\n<p>Sir Jim Ratcliffe could purchase every single Premier League club, including Manchester United, with his vast personal fortune. The INEOS chief is on the verge of striking a lucrative deal with the Glazers, which will give him a 25 per cent stake at Old Trafford and a seat at the table of the Red Devils&#8217; sporting committee.<\/p>\n<p>Sir Jim was raised in a Lancashire council house until the age of 10 by his dad, a joiner, and his mum, an accounts worker. He went on to study chemical engineering at Birmingham University before gaining an MBA from London Business School in 1980.<\/p>\n<p>Now worth an estimated \u00a329.6billion, the 70-year-old is the second-richest person in Britain, according to the Sunday Times. INEOS, founded by Sir Jim in 1998, is now the fourth-largest petrochemicals company in the world.<\/p>\n<p>So vast is the personal fortune amassed by United&#8217;s incoming minority owner, he has enough cash to buy out all 20 clubs currently in the Premier League.<\/p>\n<p> <strong> Don&#8217;t miss&#8230; <\/strong> <strong>Chelsea star Madueke puts Pochettino in difficult position before Arsenal clash<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/67\/590x\/secondary\/5022443.jpg?r=1697739909960\"><\/p>\n<p>As per Forbes&#8217; valuations, the \u00a326million theoretically required to purchase newly-promoted Luton Town would be little more than pocket change for Sir Jim. INEOS are reported to pull in a mammoth \u00a3137m in revenue every single day.<\/p>\n<p>The same goes for Burnley, Sheffield United and Bournemouth, who are all low down in the table charting club valuations. United top the pile, with a theoretical value of \u00a34.8bn, even though the Glazers&#8217; personal price tag of \u00a36bn has become an open secret.<\/p>\n<ul>\n<li> <svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/g> <defs> <clipPath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"\/> <\/clipPath> <\/defs> <\/svg> Advert-free experience without interruptions.<\/li>\n<li> <svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/g> <defs> <clipPath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"\/> <\/clipPath> <\/defs> <\/svg> Rocket-fast speedy loading pages.<\/li>\n<li> <svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/g> <defs> <clipPath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"\/> <\/clipPath> <\/defs> <\/svg> Exclusive &#038; Unlimited access to all our content.<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/logo\/logo-premium-subscription.png\"><\/p>\n<p> <strong> Read more&#8230; <\/strong> <br \/> <strong>Newcastle target Kalvin Phillips &#8216;to replace Sandro Tonali&#8217; once ban confirmed[TRANSFERS] <\/strong> <br \/> <strong>Tottenham &#8216;discover&#8217; whether sponsorship will be scrapped after Man Utd buy-out[REPORT] <\/strong> <br \/> <strong>Celtic &#8216;weighing up&#8217; January transfer swoop for Real Madrid star Andriy Lunin[GOSSIP] <\/strong><\/p>\n<p>Sir Jim is expected to pay around \u00a31.3bn for a quarter of the shares in United &#8211; the club he claims to have supported since a young boy. Liverpool and Manchester City are next in the standings, both hovering around the \u00a34bn mark, trailed by Chelsea, Tottenham and Arsenal.<\/p>\n<p>The combined value of every club in the Premier League stands at just over \u00a324bn. If the Glazers&#8217; \u00a36bn price tag still stands in the future, Sir Jim would have enough cash to buy every single top-flight club as well as the shares in United he doesn&#8217;t yet own.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/67\/590x\/secondary\/5022445.jpg?r=1697739910272\"><\/p>\n<p>Despite the Brit&#8217;s vast wealth, his arrival at Old Trafford will not give manager Erik ten Hag a bottomless pit of money to play with in the transfer market. Financial Fair Play restrictions limited the extent to which the Glazers could improve United&#8217;s squad over the summer.<\/p>\n<p>The Red Devils spent almost \u00a3200m on the likes of Rasmus Hojlund, Andre Onana and Mason Mount. But a challenge is unlikely to deter Sir Jim and his team of INEOS specialists, who already have experience of running sports teams such as OGC Nice and INEOS cycling.<\/p>\n<p>Source: <a href=\"https:\/\/www.express.co.uk\/sport\/football\/1825874\/man-utd-news-sir-jim-ratcliffe-premier-league\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jim Ratcliffe&#039;s potential Man Utd investment assessed | Football Digest Sir Jim Ratcliffe could purchase every single Premier League club, <span class=\"more-text\">&hellip;<\/span><\/p>\n","protected":false},"author":2,"featured_media":296450,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Man Utd bidder Sir Jim Ratcliffe could buy all 20 Prem clubs with huge fortune - 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