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Manchester United sale: Ineos owner Jim Ratcliffe to bid for club after turning down chance to buy Liverpool

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Jim Ratcliffe will bid to buy Manchester United after the Glazer formally put the club up for sale, although there remains a considerable difference between valuations.

That appears to have already happened with Ratcliffe, who has rejected the opportunity to buy Liverpool, but is now intent on seeing whether a long-held dream to own United can finally come off.

The petrochemicals billionaire already owns Nice, and the Independent can reveal that he has already been offered the chance to buy Liverpool in the last few months but turned it down in order to get the running of the French club right.

While the Glazers want £6bn, and the Raine bank mandated to oversee any sale are expected to push for the highest price in a manner they did with Chelsea, Ratcliffe is seeking to buy it for under £5bn.

The widespread belief in football investment circles is that United have actually been for sale for months, as revealed by the Independent back in August.

He is expected to have competition from at least two other parties, one who also attempted to buy Chelsea, but that list is expected to grow as potential buyers now announce their intentions.

A series of sources insist the Glazers felt they had to go public, as they are now effectively competing with Liverpool for a limited pool of potential buyers.
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