Sir Jim Ratcliffe's Ineos owns the fracking rights for the land underneath Manchester United's Carrington training ground
The company owned by Manchester United takeover candidate Sir Jim Ratcliffe holds the rights to explore for shale gas beneath the club's Carrington training ground. Chemical giant Ineos owns a 60 per cent stake in an onshore oil and gas licence covering large swathes of Trafford and Salford.
Ineos' ownership of the licence was first reported by financial news website Proactive. The licence remains active until 2024. There is currently no possibility of the land being used for fracking as Prime Minister Rishi Sunak has reinstated a ban on the practice which had been briefly lifted by his predecessor Liz Truss during her short spell in Downing Street.
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