Renowned Manchester United fan Sir Jim Ratcliffe has long been touted as one of the few people with the resources to end the Glazer family's unpopular premiership of the club - but Britain's wealthiest man has now shut down talk of an Old Trafford takeover.
Ratcliffe, who is the owner of chemicals company Ineos, did, however, hint that he could explore other opportunities in the Premier League at a Financial Times Live event on Tuesday evening.
After officially ruling out a bid for Manchester United, Ratcliffe mused: "So what will happen now? We have a sports franchise. We own a third of Mercedes' Formula 1 team. Robbed last year. The one thing we don't have… football is the most popular sport in the world. We should have a premier club. Nice has got a very interesting history. We'll have a look at what we might be able to do with Nice."
