{"id":294328,"date":"2023-10-20T04:54:13","date_gmt":"2023-10-20T04:54:13","guid":{"rendered":"https:\/\/tellmysport.com\/?p=294328"},"modified":"2023-10-20T04:54:13","modified_gmt":"2023-10-20T04:54:13","slug":"man-utd-bidder-sir-jim-ratcliffe-could-buy-all-20-prem-clubs-with-huge-fortune","status":"publish","type":"post","link":"https:\/\/tellmysport.com\/soccer\/man-utd-bidder-sir-jim-ratcliffe-could-buy-all-20-prem-clubs-with-huge-fortune\/","title":{"rendered":"Man Utd bidder Sir Jim Ratcliffe could buy all 20 Prem clubs with huge fortune"},"content":{"rendered":"
Sir Jim Ratcliffe could purchase every single Premier League club, including Manchester United, with his vast personal fortune. The INEOS chief is on the verge of striking a lucrative deal with the Glazers, which will give him a 25 per cent stake at Old Trafford and a seat at the table of the Red Devils’ sporting committee.<\/p>\n
Sir Jim was raised in a Lancashire council house until the age of 10 by his dad, a joiner, and his mum, an accounts worker. He went on to study chemical engineering at Birmingham University before gaining an MBA from London Business School in 1980.<\/p>\n
Now worth an estimated \u00a329.6billion, the 70-year-old is the second-richest person in Britain, according to the Sunday Times. INEOS, founded by Sir Jim in 1998, is now the fourth-largest petrochemicals company in the world.<\/p>\n
So vast is the personal fortune amassed by United’s incoming minority owner, he has enough cash to buy out all 20 clubs currently in the Premier League.<\/p>\n
Don’t miss… <\/strong> Chelsea star Madueke puts Pochettino in difficult position before Arsenal clash<\/strong><\/p>\n <\/p>\n As per Forbes’ valuations, the \u00a326million theoretically required to purchase newly-promoted Luton Town would be little more than pocket change for Sir Jim. INEOS are reported to pull in a mammoth \u00a3137m in revenue every single day.<\/p>\n The same goes for Burnley, Sheffield United and Bournemouth, who are all low down in the table charting club valuations. United top the pile, with a theoretical value of \u00a34.8bn, even though the Glazers’ personal price tag of \u00a36bn has become an open secret.<\/p>\n\n