Britain's richest man, Sir Jim Ratcliffe, has said it would be "dumb money" to buy Manchester United -- the team he supported as a boy -- after claiming that the club have "lost the plot" since Sir Alex Ferguson retired as manager in 2013.
Ratcliffe, who is worth a reported £20 billion following the success of Ineos, his multi-national chemicals company, bought Ligue 1 club Nice for €110m in August after exploring moves for Chelsea, Newcastle and Leeds United.
But speaking to The Times, Ratcliffe said he did not consider United because "[Ineos] never wants to be the dumb money in town, never, never.