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The Independent UK
The Independent UK
Business
Howard Mustoe

Man United owner Sir Jim Ratcliffe pours nearly £600m into his car project

Jim Ratcliffe Ineos Ineos Automotive Manchester United PetroChina

Britian’s richest industrialist and the co-owner of Manchester United, Sir Jim Ratcliffe, has splurged £591m (€710m) on his car making project last year as it geared up production.

Ineos Automotive, which makes the Grenadier offroader, now owes the rest of Sir Jim’s chemical-making empire €2.43bn after it borrowed €710m more.

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