Manchester United announces deal to sell up to 25% of EPL club to UK billionaire Jim Ratcliffe
More than a year after it was put up for sale, Manchester United said Sunday that British billionaire Jim Ratcliffe had agreed to buy a minority stake in the storied Premier League club. Ratcliffe owns petrochemicals giant INEOS and is one of Britain’s richest people. He has secured a stake of “up to 25%” of the 20-time league champions and will invest $300 million in its Old Trafford stadium. As part of the deal United said Ratcliffe would take responsibility for the club’s soccer operations. In... Читать дальше...