Jim Ratcliffe Hamad Al-Thani New York Manchester sports man Jim Ratcliffe Hamad Al-Thani New York Manchester

How much has Sir Jim Ratcliffe paid for Manchester United and for what share?

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manchestereveningnews.co.uk

Sir Jim Ratcliffe has finally managed to complete his minority acquisition of Manchester United, subject to the deal gaining approval.

The INEOS founder had been the frontrunner to invest in the Reds since October when his rival Sheikh Jassim bin Hamad Al-Thani withdrew from the process.

However, after initially wanting to purchase a 60 per cent stake in United, Ratcliffe had to change his approach when it became clear the Glazers wanted to stay.

Therefore, a 25 per cent acquisition was agreed but what does this mean in practice and how much has it cost the INEOS man? MEN Sport has taken a look at the details. READ MORE: United confirm Ratcliffe's arrival READ MORE: Ratcliffe's first words upon his arrival It is understood Ratcliffe has spent approximately £1.25billion to buy a seat in the United boardroom.

Read more on manchestereveningnews.co.uk
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