So, what does a billionaire businessman with energy industry links get for Christmas? Well, a football club, of course.

Jim Ratcliffe, boss of chemicals and emerging shale gas player Ineos, has signed up Swiss outfit FC Lausanne-Sport to his growing team, which recently saw British fashion brand Belstaff Group added to the fold.

Ineos unveiled its new signing at its offices in Rolle, Switzerland on Monday after reports over the weekend that it was closing in on the top-tier Swiss Super League club.