Sir Jim Ratcliffe puts football club up for sale

He has decided to cash in on the club.

Alongside Manchester United, in which Ratcliffe took control of a 27.7% stake in late 2023, the company also control Swiss outfit Lausanne-Sport, and are still the majority shareholders of OGC Nice in Ligue 1.

Following so-far unsuccessful attempts to find a new owner for Nice, Ratcliffe's group are now looking for a means to offload Lausanne-Sport to a new owner, a move which the Athletic have considered a sign that INEOS plan to downsize their sporting operations.

According to the report: "INEOS, which declined to comment when approached by The Athletic, has given global consultancy firm Alvarez & Marsal the job of selling Lausanne-Sport and it has sent a five-page sales prospectus to potential investors."

As part of the document, which the Athletic claim to have seen, Lausanne Sport are described as: "An established top-flight contender” in a 12-team league with “only two historically dominant clubs”, FC Basel and Young Boys, “both of whom have recently struggled”.

INEOS are aiming to sell Swiss club Lausanne-Sport. Image: Getty.

It now remains to be seen how plans to sell the club progress.

At current, Ratcliffe's plans to sell Lausanne-Sport do not appear to have any impact on his commitments to Manchester United.