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British billionaire Ratcliffe confirms interest in acquiring Manchester United

Jim Ratcliffe (R). (Photo by Lloyd Images/Getty Images)

Ineos, the company owned by British businessman Jim Ratcliffe, has confirmed it has notified merchant bank Raine Group of its interest in buying Premier League club Manchester United.

Raine Group is advising Manchester United owners the Glazer family on the sale of the club. The Glazers confirmed in November that they had started a process to look for a buyer.

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