ionigeria.com Nigerian Newspaper
Manchester United have finally confirmed Sir Jim Ratcliffe’s investment in the club, with the INEOS chief taking a 25 percent stake in the Premier League big-hitters.
British billionaire Ratcliffe has stated the confirmation, laying out the next steps as he makes his mark on the club. With less than a week until the January transfer window opens, many will now be looking to the future.
The confirmation comes at a time when United languish in eighth in the table following their 13th defeat of the season away at West Ham. The Red Devils were beaten 2-0 at the London Stadium to ensure they have now suffered the most defeats in a season before Christmas since 1930 and pile pressure on manager Erik ten Hag.
Ratcliffe is acquiring the interest for $33-a-share (£26) in a deal that “will include all aspects of the men’s and women’s football operations and academies” for his INEOS group, a statement said.
