Manchester United

Manchester United’s minority owner, INEOS, is seriously considering selling their French club, Nice. This is quite a huge decision that could change the dynamics of things for these clubs. The multinational company, INEOS having made a significant investment in Manchester United, will be seeking to streamline their business options by selling off the French outfit.

INEOS is a global company that is known for producing chemicals and owning various businesses, including sports teams. They bought a 27.7% stake in Manchester United earlier this year. Before that, they had bought Nice, a French Ligue 1 team in 2019. Sir Jim Ratcliffe who is the major shareholder at INEOS is a big fan of Manchester United and is very excited to finally be a shareholder at the Old Trafford club.

Right now, INEOS owns shares in both Manchester United and Nice. Both of these teams have qualified to play in the Europa League next season. Usually, UEFA does not allow two teams with the same owner to compete against each other in their tournaments. This rule is to make sure everything is fair, and no team gets an unfair advantage.

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The dual ownership issue with UEFA

Since Manchester United and Nice are both owned by INEOS and are both going to play in the Europa League, UEFA will have to find a way to handle this situation. For the next season, UEFA plans to put Nice in something called a “blind trust.” This is a temporary solution. It means that someone else will manage Nice’s affairs so that INEOS does not have direct control over both teams at the same time during the competition. This trick has been used before, like when another company, Red Bird Capital, had to do something similar with their ownership of two different football teams.

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However, this “blind trust” is only a short-term fix. UEFA wants to make its rules stronger by the 2025-2026 season. So, INEOS needs to think about what to do in the long run. This is why they are considering selling Nice.

Why should INEOS sell Nice?

There are a few reasons why INEOS might want to sell Nice:

Focus on Manchester United

Sir Jim Ratcliffe and INEOS are very excited about being involved with Manchester United. Ratcliffe has dreamed of being part of this club for quite some time. By selling Nice, they can concentrate all their efforts and resources on Manchester United, making sure the team has everything it needs to succeed and get back its lost glory.

UEFA’s Rules will continue to be a problem

As mentioned before, UEFA has frowned on the dual club ownership matter as it can lead to a conflict of interest (two teams owned by the same group )in their competitions.  Hence, by selling Nice, INEOS would solve this problem and avoid any future complications with UEFA’s rules.

Financial wrangles in the French Ligue 1

French football is facing some tough times. The top-tier French league, Ligue 1, is struggling because they have not found a new company to broadcast their matches on TV. This means the league might not make as much money from TV deals as they expected. Originally, the league executives hoped to make around €1 billion from TV deals, but now it looks like they might only get about €500 million. This financial uncertainty makes things quite dicey for teams in France, including Nice.

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INEOS are still in the early stages of deciding whether to sell Nice. They have not made a final decision yet. They are thinking about all the factors involved, including what is best for both Nice and Manchester United.

For INEOS, selling Nice would allow them to fully focus on their new investment in Manchester United. It would also help them comply with UEFA’s rules and avoid any issues in the future. However, finding a buyer for Nice might be challenging due to the current financial uncertainty in French football.

If INEOS does sell Nice, the new owner will have the opportunity to take the club forward. Nice has a lot of potential. It is a well-known team with a strong fan base and a good location. Despite the troubles in Ligue 1, Nice could still be a valuable team for the right buyer.

A new owner could invest in the team, improve its performance, and work to make it even more competitive in French and European football. They would have to navigate the financial issues facing French football, but with smart management and investment, Nice should be able to continue to grow and succeed.

United fans will like the sound of this, but maybe not the OGC Nice fans

For fans of Manchester United, this potential sale might be good news. It means that INEOS can put all their focus and resources into helping Manchester United succeed. This could lead to better performances on the field, new players, and more success in competitions.

For Nice fans, the news might be a bit worrying. They will want to know who the new owner might be and what their plans are for the team. Change can be challenging, but it can also bring new opportunities. Nice fans will be hoping for a new owner who cares about the team and wants to help it grow and succeed.

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Conclusion

The potential sale of Nice by INEOS is quite a big deal. For INEOS, it offers a chance to focus on their new venture with Manchester United, while for Nice, it could mean a new chapter under different ownership.

Football fans everywhere will be watching closely to see what happens next. Will INEOS find a suitable buyer for Nice? How will this affect the future of both Manchester United and Nice? Only time will tell, but it is sure to be an interesting watch for neutrals, both clubs and their supporters.

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