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Man United co-owner Ratcliffe 'significantly cuts' asking price to sell football club
Sir Jim Ratcliffe lowered OGC Nice's sale price from over £200 million due to investor hesitation and Ligue 1's uncertain broadcast revenue, Bloomberg reported.
- Sir Jim Ratcliffe has slashed OGC Nice's asking price after putting the club up for sale last year, Bloomberg reports he initially sought at least �200 million but has significantly cut it amid investor reluctance.
- Broadcast-Rights uncertainty has emerged as the central obstacle to completing a sale, as DAZN's collapsed deal led Ligue 1 to manage its own broadcast package, challenging Ratcliffe and Lazard Inc., independent advisory firm.
- Sir Jim Ratcliffe bought OGC Nice in 2019, placing the club under Ineos control, and as a Manchester United co-owner overseeing football operations, his sale links to Ineos' wider football interests.
- Ratcliffe flew to Manchester to meet Joel and Avram Glazer and attended an executive committee meeting at Carrington on Thursday as United sacked Ruben Amorim and named Michael Carrick interim earlier this week.
- Les Aiglons currently sit 14th in Ligue 1, with a narrow six-point buffer to relegation, and a sale could reshape the club's finances, recruitment and sporting direction after mixed results under Ineos.
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Man Utd co-owner Sir Jim Ratcliffe cuts asking price of owned club to attempt sale - The Mirror
Manchester United co-owner Sir Jim Ratcliffe has reportedly slashed the asking price for French club OGC Nice from as he seeks to complete a sale after nearly seven years of Ineos ownership.
·London, United Kingdom
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How Man Utd could be affected as Sir Jim Ratcliffe cuts price tag on Nice amid on-field struggles
Manchester United co-owner Sir Jim Ratcliffe has significantly reduced the asking price for French club OGC Nice due to the club’s recent lack of success. Manchester United chief SirJim Ratcliffe has been left with no choice but to lower the price tag for Nice, as the 73-year-old has still not made the sale. Ratcliffe put the French side up for sale last year, ambitously asking for a… Source
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