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Manchester United's statement in full as Sir Jim Ratcliffe completes takeover

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manchestereveningnews.co.uk

Manchester United have announced Sir Jim Ratcliffe is finally set to arrive at Old Trafford following the completion of his bid to acquire a 25 per cent stake in the club.

INEOS' founder has agreed a deal to acquire a minority stake in the Reds valued at £1.25bn. The news brings to an end the long speculation surrounding the future of the club.

In November 2022, the Glazers announced a strategic review into the running of United with 'all options' remaining on the table.

After a long process, Ratcliffe became the favourite to be announced in October when his rival Sheikh Jassim bin Hamad Al-Thani withdrew from the race entirely. READ MORE: Ratcliffe has five United priorities READ MORE: How much is Ratcliffe worth? While it was expected the announcement would be spared until after the Christmas period, United have chosen to announce the decision on Christmas Eve.

Read more on manchestereveningnews.co.uk
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