Write For Us

Sir Jim Ratcliffe agrees deal to buy 25% stake in Manchester United | BBC News

Sponsored Post Vitamin D2 Canada Persia
15 Views
Published
British billionaire Sir Jim Ratcliffe has agreed to buy a 25% stake, worth about £1.25bn, in Manchester United.

As part of the deal, Ratcliffe's Ineos Group will take control of the club's football operations.

Ratcliffe, 71, will also provide $300m (£236m) for future investment into Old Trafford.

The announcement comes 13 months after the club's owners, the Glazer family, stated they were considering selling to "explore strategic alternatives".

Subscribe here: http://bit.ly/1rbfUog

For more news, analysis and features visit: www.bbc.com/news

#BBCNews
Category
World
Tags
bbc, bbc news, news
Sign in or sign up to post comments.
Be the first to comment