Sir Jim Ratcliffe's Manchester United Stake Purchase Approved
The FA and Premier League have given the green light for Sir Jim Ratcliffe to acquire a 25% stake in Manchester United, marking a significant shift in the club's ownership structure.
- Sir Jim Ratcliffe has received final approval from the FA and Premier League to purchase a 25% stake in Manchester United, with the deal set to be finalized next week.
- Ratcliffe's acquisition marks the beginning of the Ineos era at United, with plans for significant investment and a potential 90,000-seater redevelopment of Old Trafford.
- Newcastle's sporting director, Dan Ashworth, is a key target for Manchester United, with negotiations potentially complicated by a required compensation settlement.
- Ratcliffe has pledged an additional $300 million for Old Trafford and infrastructure improvements, aiming for a broader influence over key decisions across the business.
- The Glazer family will retain a 75% majority holding, but Ratcliffe's deal ensures a significant cash windfall and a shift in control over football operations.