Ineos (chemicals): invested in sports (OGC Nice, a cycling team, America's Cup, marathon runner)

News Tank Football - Paris - News #153128 - Published on
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Jim Ratcliffe, one of the UK's wealthiest men, and founder, chairman and CEO of Ineos, a chemical group that owns the Swiss club Lausanne-Sport (Brack.ch Challenge League), is in the process of acquiring OGC Nice (Ligue 1 Conforama), after having taken over a cycling team, a sailing team and having supported Eliud Kipchoge, a Kenyan marathon runner.

• Football: employees of OGC Nice have given a favourable opinion on the proposed takeover of the club by Jim Ratcliffe, according to information gathered by News Tank Football, on 09/07/2019. This should result in a takeover estimated to be in the region of €100m, subject to reviews by the DNCG and then the Competition Authority.

• Cycling: the British chemical group succeeded the British telecommunications group Sky as owner of Tour Racing Limited, the holding company of the Team Sky cycling team, on 01/05/2019. Team Ineos is competing in the 2019 Tour de France and boasts the British cyclist Geraint Thomas, winner of the 2018 Tour de France, and the Colombian Egan Bernal who features in the Top 5 of the general classification, among…

©  Ineos
Ineos logo - ©  Ineos

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