MANCHESTER, England (AP) — More than a year after it was put up for sale, Manchester United said Sunday that British billionaire Jim Ratcliffe had bought a minority stake in the storied Premier League club. Ratcliffe, who owns petrochemicals giant INEOS and is one of Britain’s richest people, has bought a stake of “up to … Read more
As Janne Andersson signed off Wednesday as Sweden coach, he assessed what his future might hold after spending the last seven years in what he described as “the best job in the world.” “Everything,” he said, rather glumly, “can only get worse.” Fans of men’s soccer in Sweden know the feeling. Farewell 2023, they’d say. … Read more
Profits halved and when Lyondell Basell, a rival, filed for bankruptcy in the US, Ineos’s lenders turned on Ratcliffe. A breach of its borrowing terms provided a pretext to move in. “They became rapacious,” Ratcliffe lamented years later. After cutting capital expenditure, imposing a pay freeze, banning travel and axing jobs, Ineos still needed to … Read more