Sir Jim Ratcliffe and Ineos are looking for buyers for the French side nice to concentrate on Manchester United, it was created.
Ineos took over the Ligue -1 Club in 2019, but was accused of giving up beautiful ones since her minority takeover of United in 2024, which the group brought back cool £ £ 1.25 billion. Ratcliffe himself has even admitted that he does not believe that the team is good enough to entertain him.
After both Nice and United qualified for the Europa League this season, Ratcliffe transformed the ownership of the former into a “blind trust” to fulfill the rule of UEFA, who ban clubs, take part in the same tournament.
Take one last step back now, L’Ach Were the first to reveal that Ratcliffe and Ineos entered the help of the New York investment Bank Lazard to find a buyer for Nice.
Ratcliffe is looking for a deal worth € 250 million and is said to have already aroused interest from the public investment fund in Saudi Arabia who already has Newcastle United.
Unfortunately, for Nice there are considerable financial problems that are plagued by the future of French football. The broadcasting agreement of Ligue 1 with DAZN only collapsed for a year in a four-year agreement and the league currently has no way of broadcasting its games next season.
Without guaranteed media income, the clubs are forced to offer adjusted budget projections, which is undoubtedly difficult for significant investments.
Ineos paid EUR 100 million to buy nicely. The last accounts showed € 216 million investment. The group also has Lausanne-Sport, the hunting side, which sits like nice sixth in the top flight of its country.