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Manchester United co-owner Sir Jim Ratcliffe(Image: Jean Catuffe\/Getty Images)<\/p>\nManchester United co-owner Sir Jim Ratcliffe is the founder of Ineos and all their related industries including Ineos Energy<\/p>\n
17:00, 09 Sep 2025Updated 17:04, 09 Sep 2025<\/p>\n
Manchester United co-owner Sir Jim Ratcliffe(Image: Jean Catuffe\/Getty Images)<\/p>\n
Manchester United co-owner Sir Jim Ratcliffe’s Ineos Energy have announced that they are pulling their funding in the United Kingdom and moving their investments to the United States.<\/p>\n
Ineos Energy<\/a> is the oil and gas production and trade arm of Ratcliffe’s empire and had, until recently, been investing money into their oil refinery in Scotland. However, the Grangemouth oil refinery closed in April 2025 and the executive chairman of Ineos Energy, Brian Gilvary, has conceded that further investment in the UK is now over.<\/p>\n Speaking to The Telegraph<\/a>, Gilvary explained: “We have stopped investing in Britain. Our future investment will not be [in] the UK.<\/p>\n “There\u2019s no question of that. The problem is that the UK has become one of the most unstable fiscal regimes in the world from a perspective of natural resources and energy.<\/p>\n “It means we cannot invest with any certainty because we can\u2019t be sure what future tax rates will be.” While Ineos Energy are now looking to invest \u00a33bn into the US’ oil and gas industry, there is no indication that this could lead Ineos’ sporting operations to pull out of United<\/a>.<\/p>\n Sky Sports discounted Premier League and EFL package<\/p>\n This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more<\/a> \u00a349<\/p>\n \u00a335<\/p>\n Sky<\/p>\n Get Sky Sports here<\/a><\/p>\n Sky has slashed the price of its Essential TV and Sky Sports<\/a> bundle for the 2025\/26 season, saving members \u00a3336 and offering more than 1,400 live matches across the Premier League, EFL and more.<\/p>\n Sky will show at least 215 live Premier League games this season, an increase of up to 100 more.<\/p>\n The Daily Mail<\/a> revealed last month that the drag along clause in the Glazers<\/a> and Ratcliffe’s<\/a> business agreement was now active. Simply put, this would allow the American majority stakeholders to sell their entire shares of the club, and those of Ineos, to another buyer without Ratcliffe being able to stop it.<\/p>\n These clauses are often included to prevent minority stakeholders from holding those with the majority to ransom by refusing to sell. While Ratcliffe has acknowledged this clause openly and hinted that he hoped it would not be triggered, he could be forced into a tricky situation had Sheikh Jassim bin Hamad Al Thani<\/a> renewed his interest.<\/p>\n However, the Mail understands that the Qatari businessman is highly unlikely to do that. There is thought to be little appetite for purchasing United now considering the success of Qatari-owned PSG and the scale of the task to return the Reds to the top.<\/p>\n Instead, there is a feeling in the country that their new priority is to gain the host country accolade for the Olympics 2036. Their current major competition for that honour is India.<\/p>\n Here at The Manchester Evening News, we are dedicated to bringing you the best Manchester United<\/a> coverage and analysis.<\/p>\n Make sure you don’t miss out on the latest United news by joining our free WhatsApp group. You can get all the breaking news and best analysis sent straight to your phone by clicking here<\/a> to subscribe.<\/p>\n You can also subscribe to our free newsletter service. Click here<\/a> to be sent all the day’s biggest stories.<\/p>\n And, finally, if you would rather listen to our expert analysis then make sure to check out our Manchester is Red podcast, featuring The Samuel Luckhurst Show and The Midweek Debate. Our shows are available on all podcast platforms, including Spotify<\/a> and Apple Podcasts<\/a>, and you can also watch along on YouTube<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Manchester United co-owner Sir Jim Ratcliffe is the founder of Ineos and all their related industries including Ineos…\n","protected":false},"author":2,"featured_media":125794,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,3300,1441,59596,59594,3301,59595,56,54,55],"class_list":["post-125793","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-ineos","tag-manchester-united-fc","tag-manchester-united-takeover","tag-sheikh-jassim","tag-sir-jim-ratcliffe","tag-the-glazers","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/125793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=125793"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/125793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/125794"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=125793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=125793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=125793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Content](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1756413128_97_0_Sky-Factbox.jpg\")
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