Sir Jim Ratcliffe closes the deal to purchase a minority position in Manchester United.
The agreement allowing British billionaire Sir Jim Ratcliffe to acquire a 27.7% share in Manchester United has been finalized. The minority investment was revealed on Christmas Eve, and Ratcliffe is the owner of the global chemicals giant INEOS.
The agreement for Sir Jim Ratcliffe to purchase a 27.7% share in Manchester United has been finalized.
In order to give his INEOS corporation control over the football activities at Manchester United, Sir Jim Ratcliffe has completed the purchase of a 27.7% share in the team.
The founder, chairman, and chief executive of Ineos has finished acquiring 25% of the club’s Class B shares and 25% of its Class A shares.
