Sir Jim Ratcliffe makes new Manchester United 'decision' as INEOS and Nice claims emerge

Sir Jim Ratcliffe
-Credit: (Image: © 2024 Bloomberg Finance LP)

INEOS are reportedly looking to sell Nice - less than six months after acquiring a minority stake in Manchester United.

Sir Jim Ratcliffe and INEOS brought Nice in 2019 and have overseen significant investment which has cemented themselves as a top-half side in Ligue 1. They finished fifth during the 2023/24 season, securing a return to European football after one year away. Despite this, Nice have not competed in the Champions League for seven years.

During their five seasons at Nice, INEOS and Ratcliffe have spent over £250million on transfers without any serious reward. And now, according to The Independent, INEOS are 'seeking to sell' Nice. The report outlines that the move is still at an 'early stage' but sources state that they are 'open' to selling the French club.

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It's understood that Ratcliffe and INEOS, who completed a 27.7 percent takeover of United earlier this year, are keen to focus on the Reds after achieving a lifelong aim of being involved with his boyhood club. The news also comes amid expectations that United and Nice will be handed a one-season transition by UEFA to compete in the Europa League next season, as they bid to tackle multi-club ownership.

The temporary fix anticipated for the 2024/25 campaign would see Nice placed in a "blind trust", which is what was adopted last season to get around Red Bird Capital's ownership of AC Milan and Toulouse. UEFA are set warn that rules will be more stricter for the 2025/26 season, however.

One issue INEOS have about selling Nice is French football is currently in financial disarray, with Ligue 1 failing secure a broadcast partner for next season so far. But Nice are seen as attractive due to its location on the south east coast of France, right alongside Monaco and not too far from Marseille.

INEOS also own Swiss club Lausanne-Sport, but they are not in Europe next season.