Manchester United owner Ratcliffe cuts asking price in bid to offload club
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Manchester United co-owner Sir Jim Ratcliffe has reduced his asking price for OGC Nice from €250m (£217m) to under €200m (£173m) as he seeks to sell the French club amid a financial crisis in French football. Ratcliffe, who owns stakes in multiple sports teams, has been cutting back on investments, including withdrawing funding from various sports initiatives. His ownership of Nice has complicated his role at Manchester United, leading to UEFA's restrictions on multi-club ownership affecting both clubs' performances.
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