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The race to purchase Manchester United heated up on Saturday, with Jim Ratcliffe’s firm INEOS confirming it had bid for the membership and a supply saying that U.S. hedge fund Elliott Funding Administration was additionally ready to finance a takeover.
British billionaire Ratcliffe, a lifelong United fan and founding father of chemical producer INEOS, has beforehand overtly expressed his curiosity in shopping for the Previous Trafford membership, and INEOS formally entered the bidding course of earlier this 12 months.
INEOS mentioned in its assertion on Saturday that it will look to implement a fan-centered method, one thing that has been largely absent underneath the present house owners, the Glazer household.
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