Confirmation of the British billionaire's purchase of a 25 per cent stake at the Premier League giants was announced on Christmas Eve after months of negotiations, in a deal understood to be worth £1.25billion.
Sir Jim Ratcliffe has officially completed a deal to buy 27.7 per cent of Manchester United, the club have announced.The 71-year-old and his team have been delegated responsibility of the club's football operations.United fans delighted as Sir Jim Ratcliffe's 'exciting' Old Trafford plans are announced
Ratcliffe said: “To become co-owner of Manchester United is a great honour and comes with great responsibility. This marks the completion of the transaction, but just the beginning of our journey to take Manchester United back to the top of English, European and world football, with world-class facilities for our fans.
He met manager Erik ten Hag, leaders of the independent Manchester United Supporters' Trust and spoke with local leaders, including senior representatives of Trafford Council, and Greater Manchester mayor Andy Burnham.Kyle Walker waits just 13 minutes to exact revenge on Neal Maupay after earlier clash
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Sir Jim Ratcliffe and INEOS’ minority stake in Manchester United confirmedSir Jim Ratcliffe and INEOS have completed their purchase of a minority stake in Manchester United. United confirmed in December that a deal had been agreed for Ratcliffe to take a 25 per cent stake in the club, with the Glazer family diluting their shares, rather than leaving altogether.
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Sir Jim Ratcliffe completes deal to buy Manchester United minority stakeSir Jim Ratcliffe’s purchase of a 27.7 per cent stake in Man Utd has been completed to enable his INEOS company control of football operations at the club.
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