Report: Billionaire Sir Jim Ratcliffe 'will bid' for Man United but is 'wary of overpaying'

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Report: Billionaire Sir Jim Ratcliffe 'will bid' for Man United but is 'wary of overpaying'
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One of Britain’s richest men Sir Jim Ratcliffe will make a bid to buy the Premier League club, according to a report.

Ratcliffe currently owns French club OGC Nice and put his hat in the ring to buy Chelsea before Todd Boehly bought the Blues from Roman Abramovich.In August, a spokesperson for the billionaire confirmed his interest, but Ratcliffe said in October he was not willing to wait around with the Glazers not keen on a sale.

The Raine Group are managing the club’s sale and also led Chelsea’s sale earlier this year, which means Ratcliffe has previously dealt with them. It is ‘anticipated’ that some of the parties who had an interest in Chelsea will make a move for United.Arch-rivals Liverpool are also up for sale after Fenway Sports Group confirmed they were looking for new, significant, investment.

The Glazer family have been exploring the idea of a sale since the summer and it is added that their stance could put a ‘spike’ in Liverpool’s process to sell.

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