Sir Jim Ratcliffe set to announce 25% stake in Manchester United today

The long-awaited investment is not the full takeover that United fans wanted, but Ratcliffe is expected to take full control of football matters and invest much-needed money into the club’s infrastructure.

 

There is also rumoured to be a path where he will be guaranteed the option to extend his investment to eventually achieve full control of the club.

According to Sky, Sir Jim is paying $33 a share for his stake, “representing a more than 75% premium to yesterday’s NYSE closing share price,” reporter Mark Kleinman explains.

Sir Jim is expected to bring in his own people to occupy senior roles at United, with current CEO Richard Arnold’s departure already announced and others, such as director of football John Murtough, director of football operations David Harrison and technical director Darren Fletcher all likely to follow suit.


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