Ratcliffe and Ineos complete £1.03bn Man Utd buy-in and take control of operations
December 29 – The long-awaited sale of 25% of Manchester United to Sir Jim Ratcliffe’s Ineos Group for £1.03 billion has been completed.
The Glazer family – unloved by Manchester United fans – will retain control of the club though Ratcliffe’s Ineos group take over management of the club’s football operations and wll inject a further £300 million in cash into the club.
Ratcliffe is buying 25% of the club’s class B shares and up to 25% of its class A shares,
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