Man United Aston Villa LIVE Red Devils Boxing Day record
Billionaire Sir Jim Ratcliffe confirms investment in Manchester United, aiming to bring club back to the top of football. #ManchesterUnited #Investment
Sir Jim Ratcliffe's recent investment in Manchester United was confirmed just two days ago, on Christmas Eve. In a deal worth an estimated £1.25 billion, Ratcliffe will acquire a 25 per cent stake in the Red Devils, pending Premier League approval, a process that could take up to eight weeks. While there is no guarantee that the Glazers will sell their stake in the deal, Ratcliffe, the Chairman of INEOS, expressed his excitement about the agreement, stating, "As a local boy and a lifelong supporter of the club, I am very pleased that we have been able to agree a deal with the Manchester United Board that delegates us management responsibility of the football operations of the club."
Ratcliffe also emphasized his commitment to driving further improvement at the club, bringing global knowledge, expertise, and talent from the wider INEOS Sport group to unlock the full potential of Manchester United. He also pledged to provide funds for future investment into Old Trafford, with a focus on long-term success and a shared ambition to see the club return to the top of English, European, and world football.
This significant investment comes at a time when many are questioning the optimal time for business and recruitment strategies. While some may argue that January is not the ideal time for such a major deal, Ratcliffe's commitment to the long-term success of Manchester United is clear. With a focus on overcoming challenges and driving the club forward, Ratcliffe's investment signals a new era for the Red Devils, one that holds the promise of returning the club to its former glory.
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