Sir Jim Ratcliffe puts Lausanne-Sport up for sale as Man Utd crisis deepens
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The story in brief
7-second readSir Jim Ratcliffe’s INEOS Group has put Swiss club Lausanne-Sport up for sale, signalling a further retreat from its sporting investments while Manchester United continue to struggle.
From the source
Sir Jim Ratcliffe’s INEOS Group has put Swiss club Lausanne-Sport up for sale, signalling a further retreat from its sporting investments while Manchester United continue to struggle.
According to The Athletic, the British billionaire’s company has appointed global consultancy firm Alvarez & Marsal to oversee the sale of the Swiss Super League outfit.
The firm has circulated a five-page prospectus, titled ‘Project Striker’, to potential investors as INEOS seeks to end its nine-year ownership of Lausanne. Ratcliffe’s company bought the club in November 2017, initially viewing the investment as a chance to strengthen its relationship with the Swiss city.
At a glance
- Reporting status
- Reported
- Original publisher
- Football Today ↗
- Source published
- Clubs covered
- Manchester United
Attributed publisher reporting. Kickjolly has not independently confirmed the claim.
Source context
This brief is drawn from Football Today. The original report is linked below for its complete context.
Read original report ↗The stands
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