Failsworth-born Sir Jim Ratcliffe has seen a branch of his global chemical company, Ineos, record a three-fold profit after announcing his desire to buy Manchester United.
Ineos UK E&P Holdings, part of his Ineos portfolio, tripled its profits in 2021, rising to £474m from a £226m loss the previous annum - a swing of £700m. Revenues also jumped to £515m which has been driven by soaring oil and gas prices, Proactive reports.
The newly released figures come after Ratcliffe made public his wish to take over United from the Glazer family last week. A number of fans are set to take part in another protest against the club’s current owners ahead of Monday night’s Premier League match against Liverpool at Old Trafford.
