Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Source: Utd bidder Ratcliffe may have to sell Nice

Written by 
Published in Soccer
Tuesday, 28 March 2023 10:57

Manchester United bidder Sir Jim Ratcliffe could be forced to sell his stake in French club Nice to avoid the prospect of one of his teams being excluded from the Champions League if he wins the race to buy out the Glazer family and take ownership of the Premier League side, a source has told ESPN.

Ratcliffe, a boyhood United fan and Britain's richest man with a reported fortune of £6.1 billion, has lodged a bid with the New York bank Raine Group to buy the Glazers' 69% stake in United. If Ratcliffe is successful, he and his chemicals company INEOS would be the owners of three clubs -- United, Nice and Swiss second tier side FC Lausanne-Sport.

- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)

And although UEFA president Aleksander Ceferin said earlier this month that European football's governing body was ready to review regulations around multi-club ownership, Ratcliffe would contravene existing rules if both United and Nice qualified for the same UEFA competition under his ownership.

Article 5 of UEFA's club competition regulations relates to integrity of the competition and multi-club ownership, with the rules forbidding two teams controlled by the same person or group from competing in the same competition.

In 2017, a UEFA panel of financial experts accepted that the Red Bull group had sufficiently restructured and separated the management structure of RB Leipzig and Red Bull Salzburg -- known as FC Salzburg in UEFA competition -- to enable both the German and Austrian teams to participate in the Champions League together.

But unless Ratcliffe and INEOS diluted their interest in Nice, they would risk the French side or United falling foul of Article 5.02 of UEFA regulations which outlines the steps that would be taken if two clubs owned by the same person or group qualified for the same competition.

If both teams finished in the Champions League qualification spots in their respective leagues, the club finishing higher would take the place in the competition, meaning that United would miss out if they finished fourth and Nice finished in Ligue 1's top three.

- Sources: Man United bids below Glazers' valuation

The clause states that, "If two or more clubs fail to meet the criteria aimed at ensuring the integrity of the competition, only one of them may be admitted to a UEFA club competition, in accordance with the following criteria (applicable in descending order):

"The club which qualifies on sporting merit for the most prestigious UEFA club competition [i.e., in descending order: UEFA Champions League, UEFA Europa League or UEFA Europa Conference League]; The club which was ranked highest in the domestic championship giving access to the relevant UEFA club competition; The club whose association is ranked highest in the access list [see Annex A]."

Sheikh Jassim bin Hamad Al-Thani, who is leading the Qatari bid to buy United, may also be forced to prove that he has no influence in the running of Paris Saint-Germain, which are owned by Qatar Sports Investments (QSI), should he become United's owner.

But as the owner of Nice, Ratcliffe's influence would automatically come under UEFA scrutiny should he emerge as the successful bidder in the race to buy United.

Read 173 times

Soccer

Sources: Van Nistelrooy set for Leicester job

Sources: Van Nistelrooy set for Leicester job

EmailPrintOpen Extended ReactionsFormer Manchester United forward Ruud van Nistelrooy is in line to...

Bale backs stuttering Mbappé: Still world's best

Bale backs stuttering Mbappé: Still world's best

EmailPrintOpen Extended ReactionsFormer Real Madrid star Gareth Bale defended Kylian Mbappé after th...

Carlo: Pen miss shows Mbappé 'lack of confidence'

Carlo: Pen miss shows Mbappé 'lack of confidence'

EmailPrintOpen Extended ReactionsCarlo Ancelotti said Kylian Mbappé is suffering from "a lack of con...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Injury-plagued Beal hobbles off in loss to Nets

Injury-plagued Beal hobbles off in loss to Nets

EmailPrintOpen Extended ReactionsPHOENIX -- Suns guard Bradley Beal limped off the court in the four...

OKC wins but sees Jalen Williams (eye) exit early

OKC wins but sees Jalen Williams (eye) exit early

EmailPrintSAN FRANCISCO -- Oklahoma City Thunder star Jalen Williams exited Wednesday's 105-101 win...

Baseball

Dodgers minor leaguer suspended for doping

Dodgers minor leaguer suspended for doping

EmailPrintOpen Extended ReactionsNEW YORK -- Los Angeles Dodgers shortstop Jose D. Hernandez was sus...

Crawford, 2-time WS champ with Giants, retires

Crawford, 2-time WS champ with Giants, retires

EmailPrintOpen Extended ReactionsSAN FRANCISCO -- Brandon Crawford is retiring after 14 major league...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated