Ratcliffe preparing opening offer for Man Utd
Sir Jim Ratcliffe intends to make an offer for Manchester United.
The Telegraph says Ratcliffe is preparing to bid for United after the Glazers formally put the club on the market.
Ratcliffe, one of Britain's richest men and a United fan, had been the first billionaire to declare interest when rumours first surfaced of a potential sale over the summer.
The owner of petrochemicals giant Ineos will now table a fresh approach although he is wary about overpaying as insiders suggest the Glazers are looking for a price in excess of 5bn.
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