Story perspectives

Jim Ratcliffe Sells Sanitiser Business to Boost Manchester United

2/5/2025

25 6

Summary

Story summary

Sir Jim Ratcliffe is selling Ineos Hygienics, a hand sanitiser business he founded during the pandemic.
The sale seeks to alleviate financial pressures at Manchester United, which has experienced staff reductions and increased ticket prices.
Ineos Hygienics was established to address a global sanitiser shortage and is linked to Ratcliffe's sports investments.
The financial status of Ineos Hygienics is uncertain, but it is not classified as a distressed sale.
Ratcliffe intends to boost his stake in Manchester United, potentially funding club initiatives with sale proceeds.

1 of 1

Story summary

Sir Jim Ratcliffe is selling Ineos Hygienics, a hand sanitiser business he founded during the pandemic.
The sale seeks to alleviate financial pressures at Manchester United, which has experienced staff reductions and increased ticket prices.
Ineos Hygienics was established to address a global sanitiser shortage and is linked to Ratcliffe's sports investments.
The financial status of Ineos Hygienics is uncertain, but it is not classified as a distressed sale.
Ratcliffe intends to boost his stake in Manchester United, potentially funding club initiatives with sale proceeds.