Who is Man Utd's new owner Sir Jim Ratcliffe?
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- čas přidán 6. 01. 2024
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Sir Jim Ratcliffe’s company INEOS has bought 25 percent of Manchester United. As part of the deal they have gained sporting control of the club and are due to invest $300m.
But what is INEOS?
And who actually is Jim Ratcliffe?
Laurie Whitwell writes. Marco Bevilacqua illustrates.
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#MUFC #ManUtd #INEOS - Sport
It seems cruel to name a town Failsworth.
My home 😂 not a bad place tbf. Suburb outside Manchester
I lived in Failsworth and I've only just thought about that... wow what a name😂😭
It's a sh,,hole aswell. Like Bolton but worse if you can even imagine that
@@darrenjarvis2118Brother in Christ it's in Oldham, what do you mean it's not a bad place😂😂😂
@hsthatzo8063 it's a manchester postcode (m35) and within the ring road but falls under oldham County council jurisdiction. Bit of a gray area
Well if they say that their website that theyre sustainable and environmentally friendly, I see no reason to doubt these claims. Im sure their 4×4s are equipped with tofu seating.
Just remember kids, fossil fuels are renewable... you just have to wait a few hundred million years while they renew.
If you can't understand that Ineos has actually done alot of good for the environment, I don't think you understand our environment issues.
They specialise in taking what are oil wastes, and things we would just dump in the ocean and turn them into someting useful.
Do as they say not as they do.
@@thomasdean8047 Giving greenwashing fossil fuel corporations a bl*w job is no way to go through life. I hope you manage to turn it around. Things usually don't end well for corporate bootlickers.
Be salty somewhere else
Strange Concept. Surely cover what he's done for other football clubs he's bought like Nice, since being owner - rather than the story of Ineos
Please do a detailed video on Zagallo's life, career and personality.
Can we have a part 3 breaking down how Sir Jim has turned around his football clubs
He hasn’t…..
@@finbarrmcgrath1686 He has , look at at nice
@@finbarrmcgrath1686Nice are only 5 points behind PSG right now, so I'd say they are at the moment.
@@spongeaang98 …5 pints 🍻 you say….
@@spongeaang98 still waiting for them to stay consistent for two seasons straight, which under INEOS hasn’t happened as of yet. And I’m not even going to mention Lausanne.
This is not the voice that i know. I come for the voice
He is a leaver, but his father was a joiner....
Tifo has some of the best artictic talent around
🤣
I think since the cr7 piers Morgan bombshell interview..the Glazers wanted to make the football part of the club better by selling some of their ownership to someone who's good at building successful sports teams..They don't want to give up control of the money making business..they just want to make it more successful...by hiring someone who has a proven record to enhance the productivity of the enterprise...
Nice is no better since INEOS takeover, so that person would not be Oligarch Ratcliffe.
Great idea but only time will tell
@@uriustoshownership of the British professional cycling team..he handled that quite well I guess
@@ManUtd_Gerrard cycling is not football, sit this one out kid, the glazers sold because they wanted money not to enhance anything, don't be naive
@@uriustoshyeah, Nice were in the top two for years before he got involved... 🤡
I wanted to post a chemistry pun, but I couldn’t zinc of anything.
ahhhhhhhh noooooooooo
I am Jose Mourinho
You got the first part wrong Tifo, it's 25% of the Glazers B shares. They don't own all Utd's shares.
It’s not all b shares at all. It’s split A and B
Facts, get them straight
This is evidence that football is evolving into a genuinely corporate sport, in case you were unsure.
Edit: I'm trying to convey that, while I acknowledge that football is and has always been a corporate sport, some people continue to question this and assert that the game is only abused by extremely wealthy professional teams. I'm calling out those who naively hold this belief.
And their argument is "but it's not oil money". Englush football and the football industry in general is repulsively corrupt and evil.
@@haimainjauo242how exactly is it repulsive?
Duh
@@haimainjauo242there’s a difference between financial doping and being a high revenue club with incompetent management mate.
Curious as to whom you support.
Must be a Plymouth fan for you to find this distinction so repulsive.
Yh investors have always played a part in football
You have no clue what you’re saying. Businessmen have always owned clubs this isn’t new. It started to become foreign businessmen starting in the 1980s but has always been businessmen who usually own clubs
Ineos and Sir Jim also sponsor a stand at Skagerak Arena, home of Odds BK in Skien, Norway. Norways energy innovasjon capital! the more you know
Very good narrator you are. Filling Joe Devin's boots quite well.
That sneaky little Devin sure had big boots to fill
@@haimainjauo242 I agree, because as fans of this channel we complained a lot about others who covered for him.
What happened to the old narrator? Is he just not covering this story?
@@sgtsaber9717 I think Joe Devine has other duties. The other time he had had flu. Right now I don't know, but he will be back.
@@sgtsaber9717 he got kidnapped and murdered
So that's what a "TIFO Artictic Impression" looks like 🤭
I ve known him because I like cycling and watch TDF with INEOS team on it
As a city fan I am happy for United. We might once again have exciting Manchester Derbies.
Manchester derbies are starting to be one sided now. Since November 2021, we've only beaten you once.
That's the City fan I like, respecting the rivals. I'm Messi fan but I also respect Ronaldo.
This is one of the least honest informative videos tifo have done … they missed a lot out here dunno if its an agenda or just not investigated enough.
What did they miss out ?.
Felt like an animated Wikipedia page. Tifo has been on a bit of a decline since the podcast stopped IMO, all they seem to do is economics videos now
@@danielberry4765 A lot. I would doubt Ineos actually shared the ownership of 1/3 stake with Mercedes, or that they became successful after that. I believe it's Daimler & AG who hold the major stake of the ownership shareholder, along with Wolff's personal money to run the team. Ineos didn't own 1/3 of it, let alone having a success soon after buying the stake; 2021 Mercedes F1 campaign literally crumbled after their stake shareholding.
02:47 Typo on *countries*
Fails to mention:
He was at the 99 champions league final and was a Utd season ticket holder
There’s a plan for Ineos to buy the whole club within 18 months
The Chelsea bid was deliberately last minute and was a stalking horse for this bid for Utd
But yeah it was petrochemicals whether it was Ineos or Qatar
Also owns and develops The Grenadier car manufacturer. He loves everything British and tries to return som old British brands back to life.
@@FPLMikkel yeah, as far as awful petrochemical billionaires go, there are worse ones out there
United is going sink further than the titanic under this🐀
@@apex19216 you're one of those Qatar weirdos I assume
love the use of the term stalking horse bid for chelsea
I thought it was SJR and Trawlers that have actually bought the 25% stake and not Ineos
SJR = INEOS
The Man U dressing room is more toxic than anything else INEOS own.
Sports in general are in decline, while consumers are oblivious, these cooperates including oil rich countries will be the death of entertainment as a whole. Civilization is at a turning point.
Not gonna lie I was expecting the Mid East burgoise/ oil money to buy us. Oh well, at least we have chemical money now
@@spongebobubu More like petrochemical. Ineos recycled those wasted oils in-fact.
@@kohikappu thanks!
Make him own 100% of the club then kick out the Glazers.
Let's see how this chap dismantle United
Oligarch
A tax avoider who would rather spend is money in Toys while the NHS goes down the drain...
Amazing how he uses his money for what he wants; rather than find healthcare for somalians in London
0:45 Jim Ratcliffe certainly does not “own 1/3 of the Mercedes F1 organization” just as Ola Källenius does not own the team. JR is chairman of a company that has a major stake in Mercedes-AMG PETRONAS F1- a shared interest split between Toto and Daimler AG. Of the trio the Ineos claim could be argued theoretically is the smallest player.
An important caveat given it is indeed Toto’s personal wealth staked. Which is very different than allocated resources from a major organization. And a very important point of clarity given you’re trying to illuminate his finances and one of the partners DOES have their personal wealth. The other has a market cap of $85Billion.. with a B. By comparison Ineos is no slouch but their market cap sits at $0.17B. If this was his personal money, that is assets not associated with Ineos capital directly via equity of any kind, I’d be alarmed. But he has made promises to fund improvements from his own pocket. His F1 bet has proven to be fantastic but it will be interesting to see as the sport surely plateaus during the regulation freeze and we approach a new era in the next few years how bottom line performance in his portfolio’s gem that is F1 may affect his football investments broadly, if at all.
ineos is a 1/3 shareholder of the team!! toto and merc ag group…
not reading all that
I did not expect to talk about f1 here
Did you just say Ineo have a market cap of $0.17Bn? 🤣 I'd love to see how you came to that figure for a private company with a revenure of $61Bn (or did you just do a naive google search?).
The Glazers staying in control and only selling a minority stake was the best possible outcome for every club except Man United.
Jim got the control on man united
But took over the football side meaning the Glazers aren't. All they can deal with is the commercial side, plus his plan is to buy the rest in the future. Stop hating when you don't know what you're talking about.
They just needed someone living in uk to look after the daily issues at club.
Its like if y have a home abroad you hand it to a local home maintenance
Team
noooo wrong @@dior.hakimjonov
You are GOATED,bro
INEOS also sponsors the All Blacks and several other national rugby teams in New Zealand
But enough about all the bad things they do....
Jk
Now that we learn he also does materials for football stadiums, I won't be surprised if someone finds out that he does the "money from the right pocket back into the left pocket" creative financing, while charging the club for projects related to stadium and facilities. It's not out of character considering he reportedly moved the company out to France to dodge tax.
And here in 5:15 "Northerners"? That's a rather strange and divisive philosophy for "what we like" in a company, especially when that said office is based in London...?? Assuming what "they don't like" maybe include "Southerners"? Yet Tifo dodged explaining that.
Another Tifo United video??
Tifo has easily the best football channel on CZcams
Grammar school social mobility on show
Oh good, good, a billionaire who made his money acquiring publicly owned assets and not paying his tax.
Um, well, I mean you could do worse... I guess.
Seriously though, BP was a private company long before he brought up their subsidiaries.
So, just to be clear, he made his money buying private assets and not paying tax.
The reason why pl is the global league came from rapid commercialization in the 90s from wealthy businessmen looking to squeeze every last ounce of value and we are reaping the rewards through investment into the league like uv lights for better turfs. Like any free market system, there are inefficiencies, winners, losers and bad actors. Sure you can argue that football teams are centuries old institutions and not a corporation but don't expect investments like Erling Haaland and go back to muddy turfs of the 80s or having English born Calvert Lewin as the league's star player. Or worse yet, having solvency issues like LA Liga.
5:51 tbf if u were rich u prolly do the same thing we all would
Another hope for man united to save the club
Bro, it's SIR Jim to you😊
no it isnt
Any interest in making a Girona video? I don't watch La Liga very closely, so It would be much appreciated!
That's a great suggestion. Tifo makes the highest quality football content. So, a video on Girona and its sucess in LaLiga now please
Sir Jim M35 Red
Get them all out
We can see the exact method they are working at ManUtd: Cost cutting & building back. ManUtd needs that. And with the present of Sir Dave Brailsford, I believe there will be progress soon enough. Core English is the new identity of Manchester United, sounds a lot more exciting than Oil Money by Manchester City & Newcastle.
Both Lausanne and OGC Nice sure had their ups and downs since they were taken over by INEOS and Ratcliffe. For example when Brailsford worked at OGC Nice the main problem was that he seemed more a football fan than a football expert. Football and cycling aren’t quite the same…
@AP-o2 people were very quick to try and point out previously, that he hadn't been particularly successful at nice; but ignored the fact that he had his early plans hit by covid, amongst a number of other unforeseeable set backs. Their plans were hampered for the first few seasons; but now they have had a period of stability, the progress is clear.
As for Brailsfords approach, marginal gains is sporting philosophy that transcends the particular sporting discipline; largely because it is built on utilising expertise in each area of the particular discipline you are focused on.
@@ukbigjon Yeah Nice are actually making good progress and even have some promising talent at the club. They're likely going to make the Champions League when they used to be a mid table side. I'd call that progress. Lausanne I wouldn't treat as a serious project, more like a club to loan players to.
Newcastle is core English, English manager, English director of football, Massively English squad Longstaff, Wilson, Ritchie, Dummet, Lascelles, Murphy, Miley, Willock, Anderson + The signings of Targett, Hall, Livramento, Gordon, Burn, Pope, Trippier, Barnes. Maybe you should engage your brain before throwing around the "oil foreigners". Yoonited could learn a thing or two from Newcastle who you've already fallen behind.
@@jdogg448 yeah. How about because your boss got married to oil money?
Sir Jim’s investment into United and control of sporting matters is a dream come true after 18 years. The SEC filings make me believe the Glazers will be gone entirely within three years.
No state sportwashing jihadi nutbags required.
Racist
@rumned
🤣
If he actually paid any tax the money he has used to spend on United could go towards paying junior doctors a fair wage.
Yeah, just give the government some more money that will sort everything
Or let the super rich cheat us all out of decent services?
@@Withtheghostoftomjoad
Yes it’s the super rich cheating us, just some more money (don’t ask how much) and politicians will usher in utopia of public services
Right right 😂
So dumb it hurts
@@danielberry4765oh looks it’s muggy little racist donkey again
Although the little mug above has a point in this case, the same politicians dodge tax in offshore accounts themselves and skim hundreds of thousands a year for personal expenses.
Maybe that should pay for junior doctors
The reason why pl is the global league came from rapid commercialization in the 90s from wealthy businessmen looking to squeeze every last ounce of value and we are reaping the rewards through investment into the league like uv lights for better turfs. Like any free market system, there are inefficiencies, winners, losers and bad actors. Sure you can argue that football teams are centuries old institutions and not a corporation but don't expect investments like Erling Haaland and go back to muddy turfs of the 80s or having English born Calvert Lewin as the league's star player. Or worse yet, having solvency issues like LA Liga.
Can you do a "money in football" video? Seems like it has been an issue for well over a century. You always see comments about it like it's something new.
I don't know too much about Ratcliffe. But I rejoiced when it was clear Qatar, not only a State (these entities should not be permitted to own clubs) but one that, like many of the Gulf states, abuses migrant workers - often fellow Muslims and their neighbours Egypt.
The Government should now be looking at blocking this practice.
Nice to see many Newcastle fans (not the majority by any means) are actively working against their owners.
Somebody: who is Jim Ratcliff?
Me: the guy who prevented Manchester United from Oil money😂
Why didn’t the glazers just accept the Qatari bid that was worth 170% of the clubs market value?
INEOS: A literal Oil company.
@@samwize28 they don't actually want to sell it, they gonna keep making money every year this way
As long as it's not Qatari oil! Their oil can explode at any moment! Plus they have human rights violations over there unlike here in England the land of perfect utopian justice. Definitely not one of the worst bloodthirsty empires ever!
@@feral_orc *Poundshop oil company.
Geezers bought 25% how is this news worthy
I think he will be a good owner. Ratcliffe is one of the few success stories in a declining Britain. The 2nd richest man in Britain being worth between 13 and 29billion shows it all. A finished country. I also wouldn’t hold it against him in that he tried to buy Chelsea and Barcelona and also owns Lausanne and Nice. Most of us watch football these days akin to how people listen to music. He’s also had a lot of success in sport which means he is good at finding competitive edges
I think united will suffer under him .
@@apex19216 United suffering? Wow tell me something new..
The thing he said about buying Chelsea was, paraphrasing, 'I'm not going to wait for united to come up for sale'. Which makes sense really.
@@shortsea222ok it would take 10,560,000,000 matchsticks laid end to end to reach the moon.
@@apex19216 Now that was something new thanks.
You say new owner! More like stakeholder
Hopefully he works out
hopefully not
Any relation to that harry potter guy?
The better question would be why is Jim Ractliffe
Good to see that kind of billionaire who didn’t just get it all from their parents.
I’m all for the “buy with debt, cut costs, build back up” model on United. One of the highest wage bills in Europe, but not even close to getting quality for it.
I'm not saying he didn't do it on his own, but it sounds like there was a bit of tax dodging going on.
Yep. Man Utd since i can remember always pay a "extra tax" for players, because they knew the club have money and is dumb. Also, they almost NEVER buy from small clubs/leagues (south america for example), seems like they rather wait for wonderkids to join bigger clubs, then pay 5 times his price.
@@somethinglikethat2176it's far too common, it's a method of avoiding high tax in a legal way through loopholes and option to put your office in a global market where it allows you to escape higher taxation, completely legal though.
Not a fan of how TIFO is trying to spin narratives on things connected to United by revealing part truths..
Yeah Ratcliffe is a boyhood United fan and he did offer to buy Chelsea. But that was because the whole club was going for around 4 billion!! And it was an open bid. On the other hand he waited a whole year to buy just 25% of United while battling it out with a nation state. Who do you think he's more committed to?
huh? what exactly is your problem?
yeah i dont understand your point as well
Clearly you guys haven't been keeping up with a similar trend with other videos. I'm not trying to badname TIFO cause I love the channel. So you can move on.
Absolutely spot on
The Glazers wanted an absurd premium to sell all their shares in one fell swoop.
Also his Chelsea bid was last-minute and he previously said that he only did so because United wasn't for sale and he didn't anticipate it to do so while he's still alive.
Need to bring the other narrator back
Basically, Jim Ratcliffe is investing in the club to make it successful again. And the Glazers keep milking the club. F. the Glazers
Everybody asking who is jim ratcliff, nobody asking how is jim ratcliff😢
No one cares .
Dont nobody care bout that dude, bro is a billionaire still trying to get richer at his age instead of doing impact with his wealth
I do u 1 better, why Jim ratcliff
@@spongebobubu why
Glazers out
He is Sir Jim Ratcliff
Please make a video timo Werner in spurs
I wanted to see that too
Any Chance Of A Loan, Mate, 😮😅
What a hit piece. I was expecting to know who the guy is, not why your company hates him.
He's a sir
I thought I was the first comment 🤦🏿♂️
Glazers friend 😅
Doesn’t matter who he is he can’t save United. The American owner needs to sell and get out of football forever. United is not just a business it’s also passion, heart and history.
Jim'll Fix It
My guy Agent Rat has enter man utd ....hehehe
Rat be like, "Give me standards and make it double."
25 percent owner lol
Remind yourself that although not perfect, lots of 'fans' wanted a women abusing state country with a horrific human rights owning united instead just because they wanted united to sign mpabbe
this is just a way for the glazers to wipe their hands clean on the football side of things, in their eyes they bare no responsibilty to what happens on the pitch, theyll just point the finger to sir jim. this is why they only wanted to sell 25% of the club, united makes too much money for them to just sell 100% of the club. they know by doing this all the media and pressure from the fans will now be aimed at sir jim, luckily for sir jim i dont think he can make it worse
"New owner" lmao
Very light airy fairy journalism.
So he`s a smart guy. So why buy into Man U? N why do United fans think this business man will help?
Manchester United should belong to the people, not an individual billionaire. Now their fate is yet again in the hands of one wealthy individual and their whimsical decisions.
They are calling a man who bought 25% shares as the new “owner”😭😭😭
It is physically impossible for more than 3 parties to have as much equity as him…so yeah he’s an owner
He doesn't own 1/3 of the successful Mercedes F1 organization - he bought a third and turned them into an UNSUCCESSFUL organization.
He didn't turn them unsuccessful, he has no say in how its run
@@AhmedMohamed-ec7pc it certainly does have a say as a 1/3 shareholder. Ratcliffe never gets involved to just put money in and silently watch
They sponsored it in 2018 and it was a successful run; they crumbled after the stake ownership in 2020 though. Yet it was hardly 1/3 of stake shareholder for the arguments sake. Rather, JTR's own money.
1.2B for man Utd 😂
71 years old...
At least he is British buying a British club
Anyone that is involved in professional cycling should be looked at with an extra fine tooth comb in my opinion.
dont think he would be good enough
0:48 he bought 1/3 of the organisation in 2020 in 2021 Mercedes weren’t the same force as before and since the new regulations…. Lmao
second
Spent all of seven seconds mentioning that Ratcliffe is a tax exile. With the amount of money Ratcliffe withheld from British tax revenues, the government could have nationalised Man United.
The same guy who tried to buy Chelsea is a "life long" united fan....ok
Tell me, how much silverware has Nice won?
Glazer are still at the club because of this guy sad
But took over the football side meaning the Glazers aren't. All they can deal with is the commercial side, plus his plan is to buy the rest in the future. Stop hating when you don't know what you're talking about.
Say what you want but you can't deny that the glazers are the reason why man united are a huge commercial brand..the only thing that holds united back is the footballing side and hopefully sjr can solve it..
@jamescyriac1771Man Utd are a huge commercial brand because they are Man Utd - the Glazers have nothing to do with that
Glazers r still the owners of the club
Christ.....he couldn't even come up with a better name for his second super yacht than 'Hampshire 2'. This does not bode well.
Man Utd is bad investment. Better invested in INEOS-Grenadier and find a way to sign Remco Evenepoel for Tour de France challenge, or Tadej Pogacar.
i hear he wants to build a new stadium but he wants the tax payer to fund it ! also hear that he wants mason greenwood back playing- i thought that it was the start of a new era for man utd- sounds like he's trying to rebuild the club on the cheap- if he can't afford to run it properly, he shouldnt have bought the club- got a feeling this is going to be a disaster
Tifo doing puff pieces, shocking...
This guy has made Mercedes and nice 😅😅😅! Good luck united .
He can be like business magnate like Elon Musk.
Is this an AI voice? The inflection pattern is so dead
who's Jim Ratcliffe? Who are you? What have you been on? Nothing, so don't..
A businessman that puts debt into an acquisition in order to cut the budget and make loads of money.
Boy I wonder who that sounds like 😂😂😂. Y’all enjoy English Avram