- Ineos owner’s acquisition of 25% of shares completed
- Ratcliffe confirmed as United’s largest individual shareholder
Sir Jim Ratcliffe’s 25% buy-in at Manchester United has been officially completed. Confirmation of the Ineos owner’s purchase has been a formality since the announcement on Christmas Eve that his offer of a little more than £1bn for a quarter of the club had been accepted by the Glazers, the majority shareholders.
Ratcliffe has gained control of United’s football policy and will inject a further $300m (£238m) for investment in infrastructure at Old Trafford that is to acquire him a further 3% share later this year.
Continue reading…Ineos owner’s acquisition of 25% of shares completedRatcliffe confirmed as United’s largest individual shareholderSir Jim Ratcliffe’s 25% buy-in at Manchester United has been officially completed. Confirmation of the Ineos owner’s purchase has been a formality since the announcement on Christmas Eve that his offer of a little more than £1bn for a quarter of the club had been accepted by the Glazers, the majority shareholders.Ratcliffe has gained control of United’s football policy and will inject a further $300m (£238m) for investment in infrastructure at Old Trafford that is to acquire him a further 3% share later this year. Continue reading…