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21h ago

Sir Jim Ratcliffe Reportedly Preparing to Sell OGC Nice Stake

The billionaire's move reflects a strategic shift to prioritize Manchester United, with Saudi Public Investment Fund reportedly expressing interest in the French club.

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Overview

  • Sir Jim Ratcliffe is reportedly ready to sell his stake in OGC Nice, which he acquired in 2019 for £89 million.
  • The Saudi Public Investment Fund is said to be seriously considering a bid for the Ligue 1 club.
  • Ratcliffe has publicly expressed dissatisfaction with the standard of football at Nice and hinted at lessons learned from UEFA's multi-club ownership rules.
  • The sale would align with Ratcliffe’s focus on Manchester United, where he invested £1.3 billion in 2023 for a 27.7% stake and control of football operations.
  • OGC Nice currently sits three points away from Champions League qualification but has not secured a finish higher than fifth under INEOS ownership.