Overview

• Sir Jim Ratcliffe's acquisition of a 25% stake in Manchester United has been approved by the Premier League.
• The deal, valued at $1.3 billion, includes a $300 million investment into the club's infrastructure.
• Ratcliffe's INEOS company will take control of Manchester United's football operations.
• The Football Association's approval is pending, but it is considered a formality.
• Ratcliffe's investment aims to revitalize the club, with plans for infrastructure improvements and a focus on sporting success.