British petrochemical billionaire Jim Ratcliffe agrees to buy 25 pct stake in iconic English club Manchester United
Dec 25, 2023, at 10:55 pm
Football giant Manchester United has announced that it has entered into an agreement under which Chairman of INEOS, Jim Ratcliffe, will acquire 25 per cent of Manchester United’s Class B shares and up to 25 per cent of Manchester United’s Class A shares and provide an additional $300 million intended to enable future investment into Old Trafford.