The deadline to put in a bid for Manchester United passed at 10pm on Friday; Sheikh Jassim Bin Hamad Al Thani wants to restore Manchester United to their former glories with emphasis on youth and infrastructure; Sir Jim Ratcliffe is Britain's richest man
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Sir Jim Ratcliffe's Ineos group and Qatari Sheikh Jassim Bin Hamad Al Thani launched rival bids for Manchester United on Friday.
Ratcliffe, Britain's richest man, had indicated his intention to bid for the club last month and there was confirmation an offer from his company Ineos had been made just before the 10pm deadline set by Raine Group, who are organising the potential sale of the club on behalf of the Glazer family.
The 70-year-old billionaire, who was born in Greater Manchester, was among the bidders for Chelsea when their ownership was available last year and is no stranger to big sporting investments. He also owns cycling team INEOS Grenadiers, Ligue 1 side Nice, FC Lausanne-Sport, a Swiss Super League club, and owns a third of the Mercedes Formula 1 team.
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