Jim Ratcliffe acquires 25% state in Manchester United
Posted : 24 December 2023
In a significant announcement, Manchester United ushers in a new era as British billionaire Jim Ratcliffe acquires a 25% stake in the club with a substantial investment of at least $300 million.
The Glazers maintain the majority ownership, Ratcliffe, a lifelong fan of the club, affirms a long-term vision, pledging expertise and financial support to propel Manchester United back to the pinnacle of English and European football, with $200 million immediately injected and an additional $100 million slated by the end of 2024.