One of Newcastle United’s main rivals for a Champions League place has seemingly moved a step closer to a lucrative takeover.
Tuesday morning brought news that Ineos - owned by British billionaire Sir Jim Ratcliffe - had officially declared their intention to initiate a takeover bid for 13-time Premier League champions Manchester United. The announcement came three months after current Red Devils owners, the Glazer family, revealed they were ‘exploring strategic alternatives’, including a possible sale that would bring an end to their controversial 17-year ownership at Old Trafford.
A number of parties were immediately linked with a bid to take control of the club , with electronic giants Apple and investment groups from the Middle East said to be among the front-runners. Ineos, the firm owned by Manchester-born Ratcliffe, were also said to be among the interested parties and they have now shown their hand.
With further news awaited on the progress of their prospective ‘bid’, NewcastleWorld assesses how Sir Jim Ratcliffe’s wealth compares to Newcastle United’s current owners and others around the Premier League.
1. The wealth of Manchester United’s potential buyers compared to owners of other Premier League clubs
The wealth of Manchester United’s potential buyers compared to owners of other Premier League clubs
2. 20. Brentford
Owner = Matthew Benham — rumoured net worth = £3million
3. 19. Leeds United
Owner = Andrea Radrizzani — rumoured net worth = £450million Photo: OLI SCARFF
4. 18. Brighton
Owner = Tony Bloom — rumoured net worth = £765million Photo: GLYN KIRK