British Billionaire,Sir Jim Ratcliffe Completes £1.3B Deal To Become Manchester United Co-owner

Date: 22-02-2024 10:09 pm (1 month ago) | Author: Olusanya Akinrinola
- at 22-02-2024 10:09 PM (1 month ago)
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British billionaire, Sir Jim Ratcliffe is now officially a co-owner of Manchester United.
The petrochemicals billionaire and lifelong United fan has taken over a quarter share in the club after he completed his 27.7% acquisition of the club, following approval of all conditions, including the FA and the Premier League.
Ratcliffe and his INEOS group have paid more than £1billion for 27.7 per cent, which will rise to close to 30 per cent following a further £238million injection into the Premier League giants.
Ahead of the announcement, the new arrivals had effectively taken control of footballing operations at the club from majority owners the Glazers, and have swiftly gone about making their mark.
Ratcliffe said: '
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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. Work to achieve those objectives will accelerate from today.'
Meanwhile, executive co-chairman Joel Glazer added: 'I would like to welcome Sir Jim as co-owner and look forward to working closely with him and INEOS Sport to deliver a bright future for Manchester United.'


Posted: at 22-02-2024 10:09 PM (1 month ago) | Hero
- gogoman at 22-02-2024 11:03 PM (1 month ago)
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 Cool Cool Cool
Posted: at 22-02-2024 11:03 PM (1 month ago) | Grande Master
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- Holopid at 22-02-2024 11:23 PM (1 month ago)
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Nigerian born  billionaires should Invest in foreign Club ownership as well
Posted: at 22-02-2024 11:23 PM (1 month ago) | Gistmaniac
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- fineboy77 at 23-02-2024 02:37 AM (1 month ago)
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Quote from: Holopid on 22-02-2024 11:23 PM
Nigerian born  billionaires should Invest in foreign Club ownership as well
Are you the one on your profile picture?

Posted: at 23-02-2024 02:37 AM (1 month ago) | Addicted Hero
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