Sir Jim Ratcliffe's company INEOS has completed the takeover of French side Nice.
Britain's richest man completes Nice takeover
STEPANAKERT, AUGUST 27, ARTSAKHPRESS: Britain's richest man has secured the acquisition of the Ligue 1 side having previously been linked with investing in Chelsea and Manchester United, the Mirror reported.
"We are absolutely delighted about acquiring OGC Nice," Ratcliffe said. "It has been quite a long journey getting here, but it is unique, and we were determined to complete the purchase of the club.
"We have looked at a lot of clubs in the manner we look at businesses in INEOS - for value and potential - and Nice fulfils that criteria.
"With some sensible, measured investment, we want to establish OGC Nice as a team that competes in European club competition on a regular basis. And importantly, sustain it.