Man United confirm Sir Jim Ratcliffe 25% stake

Sir Jim Ratcliffe

Manchester United have entered a new era as Sir Jim Ratcliffe has completed his deal to become a minority shareholder in the Premier League club.

Ratcliffe’s Ineos Group have announced that they have agreed a deal, thought to be in the region of £1.3bn, with the current owners, the Glazer family, to buy 25 per cent of United.

The petrochemicals billionaire will take control of football operations and is prepared to invest a further £245m into infrastructure works at Old Trafford and possibly Carrington, United’s training ground.

The agreement will signal the end of a tumultuous chapter in the club’s history after the Glazers announced that they would consider selling the club back in November 2022.