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Manchester United bidder Sir Jim Ratcliffe is now the second-richest person in the UK according to the Sunday Times Rich List, with the list’s compilers placing his wealth at almost £30billion. Ratcliffe, the chief executive of the INEOS chemicals company, has bid to take a controlling stake in United. He faces competition from Qatari businessman Sheikh Jassim, who made an improved fourth bid to buy 100 per cent of the club earlier this week. That move was interpreted as an attempt to seize the initiative from Ratcliffe, whose bid is reported to be structured to allow two members of the Glazer family which currently owns the club to keep a combined 20 per cent stake. Ratcliffe, born in Failsworth in Greater Manchester, was ranked 27th on the 2022 Sunday Times Rich List with an estimated wealth of £6.075bn, but has jumped up to second in the 2023 list with wealth now believed to be £29.688bn, an increase of almost 400 per cent in 12 months. Robert Watts, the compiler of the Rich List, told PA: “This year we have new information about the full scale of INEOS’ profits and that has made us confident that INEOS is now worth at least £40bn. “We have also learned more about the personal assets that Jim has accumulated over the past 25 years.” Ratcliffe topped the Rich List in 2018 when his personal wealth was estimated at £21.05bn. INEOS already owns French club Nice and Swiss side Lausanne. The Reuben family, which includes Jamie Reuben who bought a minority stake as part of the Saudi-led takeover of Newcastle in October 2021, drops from third to fourth on the list despite their overall fortune increasing by £2.134bn to £24.399bn. The Coates family, which founded the bet365 betting company and owns Championship club Stoke, remains 16th in the list with a combined fortune of £8.795bn, an increase of £158million compared to 2022. Former Chelsea owner Roman Abramovich dropped off the list altogether, having been in 28th place last year. The list compilers believe his fortune remains largely intact despite sanctions imposed by the UK and other governments following Russia’s invasion of Ukraine, but he is not on the 2023 list because he does not have British citizenship or live in the UK. The Sunday Times identified golfer Rory McIlroy as the richest active UK sportsman with a fortune of £200m. Also contained within its list of the wealthiest 35 people under the age of 35 were boxer Anthony Joshua (£150m) plus footballers Gareth Bale (£70m), Raheem Sterling (£61m) and Harry Kane (£51m). :: Further information on the Sunday Times Rich List can be accessed via the following link: https://www.thetimes.co.uk/sunday-times-rich-list Read More Sheikh Jassim makes bigger last-ditch bid in Man United takeover saga Ineos ‘optimistic’ over Man United purchase after increased contact What would a Sir Jim Ratcliffe takeover mean for Manchester United Jon Rahm faces day two battle to make the cut at US PGA Championship Rumours: Man United ‘shock’ Mane move and Arsenal talks to sell Xhaka How Manchester United experiment with No. 10s - and where it goes wrong

A Russian helicopter pilot defected to Ukraine after reportedly being "lured" during a six-month intelligence operation, Ukraine claims. Ukraine’s GUR military intelligence agency said an Mi-8 helicopter landed at a Ukrainian airfield with the pilot and his unsuspecting crew members, without specifying when. It comes after a Russian military blogger claimed in recent weeks that a helicopter crossed the border with three people on board after it had lost its way, but Ukraine now claims this was a deliberate move. "This was a GUR operation,” spokesperson Andriy Yusov said on Wednesday. “The aircraft moved according to the plan. "You will need to wait a bit, work is being conducted, including with the crew. Everything is fine, there will be news." Ukrainian media outlet Ukrainska Pravda cited unnamed intelligence sources saying the agency worked for months to convince the pilot to cooperate and fly the aircraft to Ukraine. The report said the helicopter landed in eastern Ukraine with the pilot. Two other crew members who were unaware of the plan were subsequently "liquidated". Ukrainian military journalist Yuriy Butusov said the helicopter was fully operational and would serve in the Ukrainian armed forces after being examined. According to The Guardian, Russian blogger Fighterbomber, presented the cross-border flight as an accident originally, saying: "The crew, for some reason, lost their bearings and crossed the border. “Realising where they landed, they made an attempt to take off, but were shot while the helicopter was on the ground. Presumably, two board members died and the commander was taken hostage.” If true, the news of such a defection would come as a huge blow to Moscow as it has struggled to establish air superiority in Ukraine. Just days ago it was reported that a supersonic Russian bomber was destroyed in a drone attack hundreds of miles from Ukraine. Ukraine is also awaiting the delivery of dozens of F-16 fighter jets from Denmark and the Netherlands. However, the planes will only be handed over once after the pilots are trained, which will not happen until next year. Read More I warned Wagner chief to watch out for threats to his life, says Belarus president Lukashenko Ukraine aid faces a stress test as some GOP 2024 presidential candidates balk at continued support Estonia's pro-Ukrainian PM faces pressure to quit over husband's indirect Russian business links The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary

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SAN DIEGO--(BUSINESS WIRE)--Nov 29, 2023--