Manchester United sale: Sir Jim Ratcliffe and INEOS submit revised bid

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Manchester United sale: Sir Jim Ratcliffe and INEOS submit revised bid
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British billionaire Sir Jim Ratcliffe - and his chemicals firm INEOS - has submitted a revised bid for Manchester United, Sky News has been told

's Sheikh Jassim bin Hamad and Sir Jim had both submitted requests for more time to fine-tune their submissions ahead of the original deadline.A delegation from INEOS visited the club last week, spending six hours at meetings and touring Old Trafford and the Carrington training ground., which US owners the Glazer family are believed to value at £6bn.Why is there so much money in football?

But his position is believed to have softened after a Qatari delegation visited Old Trafford, with talks lasting 10 hours. Sir Jim, who owns French club Nice, also hinted he would not pay an inflated price for his hometown club.

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