![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/sir-jim-ratcliffe-rules-himself-out-of-liverpool-buyout-saying-ligue-1-offers-better-value/&media=https://uknews.evprotec.com/wp-content/uploads/2022/11/TELEMMGLPICT000294346906_trans_NvBQzQNjv4BqaFdL_qEsKSalT7IXcGK5jayb8RazZaxzqWrnMmEb0Cs.jpeg&description=Sir Jim Ratcliffe's Ineos has ruled itself out of the running to buy Liverpool as the business empire no longer sees value in buying a top Premier League team. Despite a failed bid to buy Chelsea and interest in a potential Manchester United sale, the petrochemicals giant says it is now focused on its investment at OGC Nice. Ineos instead believes it can make the Côte d'Azur club a sporting superpower to challenge Qatari-owned Paris St-Germain senior figures at the company told Telegraph Sport. "Our position has developed since the summer and we are now focusing our efforts in Nice and raising our ambitions for the club to make them into a top tier club in France to compete with PSG," said a spokesman. "This would represent much better value for our investment than buying one of the top tier Premier League clubs." The statement of intent for Nice, which has signed several English players in recent months, is intriguing given rumours that Qatar could be looking for a fresh footballing investment after the World Cup. There is no indication around whether the nation's rulers would be interested in Liverpool. Uefa rules would prevent them having majority ownerships at the same time as PSG due to the likelihood of the clubs facing each other in the Champions League. Given Ratcliffe, one of Britain's richest people, is a United fan, any interest in Liverpool would have been a major surprise. He had first said in August, however, that his Ineos group would have been interested in the Glazers-owned club should it come up for sale. Ratcliffe also failed with a late bid for Chelsea when the club was available after sanctions for Roman Abramovich. Ineos' has invested in F1 and cycling, while their football clubs also include Swiss club Lausanne. Despite Ratcliffe's firm no, Liverpool are certain to be bombarded with inquiries after Fenway Sports Group enlisted major investment bankers to establish the club's value. Although the Boston-based group expects to remain in control){kind=link}
Exclusive: Britain’s richest man ready to challenge Qatari-owned PSG with OGC Nice
Sir Jim Ratcliffe’s Ineos has ruled itself out of the running to buy Liverpool as the business empire no longer sees value in buying a top Premier League team.
Despite a failed bid to buy Chelsea and interest in a potential Manchester United sale, the petrochemicals giant says it is now focused on its investment at OGC Nice.
Ineos instead believes it can make the Côte d’Azur club a sporting superpower to challenge Qatari-owned Paris St-Germain senior figures at the company told Telegraph Sport.
“Our position has developed since the summer and we are now focusing our efforts in Nice and raising our ambitions for the club to make them into a top tier club in France to compete with PSG,” said a spokesman. “This would represent much better value for our investment than buying one of the top tier Premier League clubs.”