How much is Sir Jim Ratcliffe worth? INEOS founder wealth amid imminent Man United takeover
Sir Jim Ratcliffe seems set to invest £245m in infrastructure upon his arrival at Manchester United, which gives some scope of the Ineos chief’s net worth.
He will purchase 25 per cent of United to the tune of £1.3billion as he takes on sporting control. He has experience of running a club in one of Europe’s top five leagues having owned OGC Nice since 2019.
Ratcliffe has not dawdled while at the French outfit either. He has been unafraid to sack managers but has also pumped his own money into the club through transfers and training ground upgrades. This will be music to the ears of United fans, who have seen the Glazers fail to invest their own capital as facilities stand still in time.
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The American owners will still have the final say in boardroom decisions but Ratcliffe looks set to rule the roost over recruitment staff. Many names have already been linked with John Murtough’s position of football director while former CEO Richard Arnold left earlier this month.
Many fans have welcomed such movement in the hierarchy but they are also keen to see the size of Ratcliffe’s wallet. With Chelsea overflowing with cash and other ‘big six’ clubs increasing their spend, United supporters are keen not to fall behind.
According to the Sunday Times Rich List published earlier this year, Ratcliffe’s net worth stands at an astonishing £29.3bn, which makes him Britain’s second richest man. Only Gopichand Hinduja, born in India, is ahead of the Ineos supremo with a value of £35bn.
He would arrive at United as the Premier League’s second wealthiest investor behind Newcastle’s owners, with