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INEOS

Sir Jim Ratcliffe’s INEOS, Manchester United’s minority owner, is exploring the sale of French side Nice.

New York-based investment bank Lazard has been tasked with finding a buyer for the Ligue 1 club and is looking for a price of €250m ($283.2m, £213m at current exchange rates).

Any potential sale of Nice is complicated by the uncertainty surrounding the Ligue 1 broadcast deal.


https://www.nytimes.com/athletic/6327445/2025/05/02/ineos-jim-ratcliffe-nice-sale/

I’ve no idea why they’re doing this. Could be they want to focus fully on United and potentially buy the Glazers out in the near future, or Nice is losing them a lot of money. What do you think of this news?

posted on 2/5/25

Perhaps the current market means he needs cash, or given Nice's good performance this year, means that it is a good time to get an exit and realise the profit and realise the capital gain?

posted on 2/5/25

comment by Boris 'Inky’ Gibson (U5901)
posted 3 hours, 3 minutes ago
Gizza a new stadium, c’mon taxpayers, gizza a new stadium
----------------------------------------------------------------------

Those same taxpayers paid for the Etihad Boris.

posted on 2/5/25

comment by _Viva_Vida (U6044)
posted 32 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 3 hours, 3 minutes ago
Gizza a new stadium, c’mon taxpayers, gizza a new stadium
----------------------------------------------------------------------

Those same taxpayers paid for the Etihad Boris.
----------------------------------------------------------------------
Is that old myth still doing the rounds?

posted on 3/5/25

£250m is exactly what it would take to buy the Chelsea ladies team. Perhaps he’s raising funds to ensure that he has at least one winning team in the portfolio?

posted on 3/5/25

comment by Boris 'Inky’ Gibson (U5901)
posted 10 hours, 25 minutes ago
comment by _Viva_Vida (U6044)
posted 32 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 3 hours, 3 minutes ago
Gizza a new stadium, c’mon taxpayers, gizza a new stadium
----------------------------------------------------------------------

Those same taxpayers paid for the Etihad Boris.
----------------------------------------------------------------------
Is that old myth still doing the rounds?
----------------------------------------------------------------------

Who paid to build the Etihad Boris? If I am wrong then please put me right.

When I googled it I get, "the stadium was designed by Arup and constructed by Laing Construction at a cost of approximately £112 million, £77 million of which was provided by Sport England, with the remainder funded by Manchester City Council."

posted on 3/5/25

comment by _Viva_Vida (U6044)
posted 1 minute ago
comment by Boris 'Inky’ Gibson (U5901)
posted 10 hours, 25 minutes ago
comment by _Viva_Vida (U6044)
posted 32 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 3 hours, 3 minutes ago
Gizza a new stadium, c’mon taxpayers, gizza a new stadium
----------------------------------------------------------------------

Those same taxpayers paid for the Etihad Boris.
----------------------------------------------------------------------
Is that old myth still doing the rounds?
----------------------------------------------------------------------

Who paid to build the Etihad Boris? If I am wrong then please put me right.

When I googled it I get, "the stadium was designed by Arup and constructed by Laing Construction at a cost of approximately £112 million, £77 million of which was provided by Sport England, with the remainder funded by Manchester City Council."

----------------------------------------------------------------------
In exchange for City moving to Eastlands, they gave Maine Road to the Council, paying for it to be demolished and prepared for the construction of a new housing estate.

City also gave the Platt Lane training complex to the Council and still pay for it's upkeep to this day.

The Regional Sports Centre next to the Eithad is included in the price, City have never used it yet till pay for it's maintaince.

City had to spend £40m to convert the Eithad to a football stadium that met FA standards and have spent another £700m since 2003 to push the capacity up to 62,000 from the start of next year.

The myth is that City were given a top class stadium for free which is total bolloks.

posted on 3/5/25

comment by Boris 'Inky’ Gibson (U5901)
posted 17 minutes ago
comment by _Viva_Vida (U6044)
posted 1 minute ago
comment by Boris 'Inky’ Gibson (U5901)
posted 10 hours, 25 minutes ago
comment by _Viva_Vida (U6044)
posted 32 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 3 hours, 3 minutes ago
Gizza a new stadium, c’mon taxpayers, gizza a new stadium
----------------------------------------------------------------------

Those same taxpayers paid for the Etihad Boris.
----------------------------------------------------------------------
Is that old myth still doing the rounds?
----------------------------------------------------------------------

Who paid to build the Etihad Boris? If I am wrong then please put me right.

When I googled it I get, "the stadium was designed by Arup and constructed by Laing Construction at a cost of approximately £112 million, £77 million of which was provided by Sport England, with the remainder funded by Manchester City Council."

----------------------------------------------------------------------
In exchange for City moving to Eastlands, they gave Maine Road to the Council, paying for it to be demolished and prepared for the construction of a new housing estate.

City also gave the Platt Lane training complex to the Council and still pay for it's upkeep to this day.

The Regional Sports Centre next to the Eithad is included in the price, City have never used it yet till pay for it's maintaince.

City had to spend £40m to convert the Eithad to a football stadium that met FA standards and have spent another £700m since 2003 to push the capacity up to 62,000 from the start of next year.

The myth is that City were given a top class stadium for free which is total bolloks.
----------------------------------------------------------------------

You were given a stadium that cost 112m to build. Ergo you did not have to spend 112m tk build it yourself.

Paying tk maintain other stuff is peanuts in comparison.
The regional sports centre is an valuable asset whether they use it or not.

Spending to extend your free stadium and gain the extra revenue from that is City's choice and financial benefit.

Its not a myth. City did a land swap and gained a hugely valuable asset

posted on 3/5/25

comment by Boris 'Inky’ Gibson (U5901)
posted 15 hours, 27 minutes ago
Gizza a new stadium, c’mon taxpayers, gizza a new stadium
----------------------------------------------------------------------
LOL..

you couldnt make that up Binky from a City fan

posted on 3/5/25

Imagine thinking Maine Road, fit to be demolished, was worth something

posted on 3/5/25

comment by _Viva_Vida (U6044)
posted 52 minutes ago
Imagine thinking Maine Road, fit to be demolished, was worth something
----------------------------------------------------------------------
The roof didn’t leak, it had never been bombed and was in a residential area rather than on an industrial estate. 2 sides had been completely rebuilt prior to City moving out.

Maybe Reform will buy you a new stadium as they’re the party of grifters 😹

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