The Latest Breaking News from Ineos

The race to buy Manchester United is taking shape

INEOS chief Sir Jim Ratcliffe wants to purchase Manchester United from the Glazers and is likely to call on Sir Dave Brailsford's expertise if his bid is successful

The deadline for submitting takeover bids for Manchester United was 9pm on Wednesday night.

Prospective Man United owner has two other European football clubs in his INEOS stable

Paul Mitchell is no longer in the running to move to Liverpool which could open the door for Manchester United to swoop in and take the former Monaco director

The INEOS founder and petrochemicals billionaire has submitted a second bid the day after an initial 9pm deadline

The consortium is competing with Qatari banker Sheikh Jassim Bin Hamad Al Thani for the Old Trafford club

Paul Mitchell has impressed at Monaco and the Sir Jim Ratcliffe-led consortium have earmarked him for a role at Old Trafford

Second bids are still expected for Man Utd but they could fall below the asking price set by the Glazer family.

Concerns are growing among some parties involved in the Manchester United sale that the Glazers may have “played them for months” - and instead of selling the club they would prefer to either push up the price to create leverage for a loan, or offload a minority stake to a…

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