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Published 14:43 24 Nov 2022 GMT
Updated 15:04 24 Nov 2022 GMT
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The 86-year-old - ranked as the 19th wealthiest individual in the world by Forbes - is the head of the Inditex empire which owns the fashion chain, Zara, and also amassed some of his fortunes in real estate in Madrid, Barcelona, London, Chicago, Miami and New York.
As reported by the Manchester Evening News, Ortega is believed to have informed senior executives of his interest in United.
Ratcliffe, one of Britain's wealthiest men, has previously expressed an interest in buying United from the Glazers at a time when they were reluctant to sell the club.
A report on Tuesday also claimed Apple, the world's biggest tech company, were exploring the possibility of buying United in a move which could also see them build a new state-of-the-art stadium.
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