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Early Christmas for Manchester United Fans as Ratcliffe completes deal to purchase 25 per cent of club

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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.

Ten Hag is already said to be negotiating transfer deals for January, with Donny van de Beek‘s exit all but sealed. Jadon Sancho is also certain to head for the exit door, while the future remains unclear for Antony Martial and Real Madrid icons Casemiro. Fellow former Los Blancos ace Raphael Varane is believed to be heading for the Old Trafford exit door.

 

About Charles Igbinidu

Charles Igbinidu is a Public Relations practitioner in Lagos, Nigeria

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