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Britain's richest man completes Nice takeover

Sir Jim Ratcliffe's company INEOS has completed the takeover of French side Nice.

Britain's richest man completes Nice takeover

Britain's richest man completes Nice takeover

STEPANAKERT, AUGUST 27,  ARTSAKHPRESSBritain'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.


     

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