British billionaire Sir Jim Ratcliffe has seemingly ruled himself out of contention to take over Liverpool.
Fenway Sports Group signalled their intention to a sale of the club on Monday, after releasing a statement indicating they were open to further investment. The American group has owned the Reds since they paid £300million to Tom Hicks and George Gillett in October 2010.
Since the statement was released, speculation has been swirling over potential buyers for the football club. One of them is Ratcliffe, who is the chief executive of Ineos chemical group, and is widely known as Britain’s richest man.