Sir Jim Ratcliffe has laid out his investment plans for Manchester United hoping to make the side the ‘number one club in the world again’ with hopes to make the club a ‘beacon’ for ‘fan-centred ownership’.
He was one of two confirmed bidders, with Qatari investor Sheikh Jassim Bin Hamad Al Thani also confirming in a statement on Friday evening that he too had made a formal tender to purchase the club from the Glazer family.
A statement released on Saturday said: ‘Sir Jim Ratcliffe and INEOS have submitted a bid for majority ownership of Manchester United Football Club. We would see our role as the long-term custodians of Manchester United on behalf of the fans and the wider community.
‘We are ambitious and highly competitive and would want to invest in Manchester United to make them the number one club in the world once again.
‘We also recognise that football governance in this country is at a crossroads. We would want to help lead this next chapter, deepening the culture of English football by making the club a beacon for a modern, progressive, fan-centred approach to ownership.
‘We want a Manchester United anchored in its proud history and roots in the North-West of England, putting the Manchester back into Manchester United and clearly focusing on winning the Champions League.’
