Coxno Exchange-Manchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe

2025-05-03 02:13:55source:Darden Clarkecategory:Markets

MANCHESTER,Coxno Exchange England (AP) — More than a year after it was put up for sale, Manchester United said Sunday that British billionaire Jim Ratcliffe had bought a minority stake in the storied Premier League club.

Ratcliffe, who owns petrochemicals giant INEOS and is one of Britain’s richest people, has bought 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.

___

James Robson is at https://twitter.com/jamesalanrobson

___

AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports

More:Markets

Recommend

SFO's new sensory room helps neurodivergent travelers fight flying jitters

San Francisco airport creates sensory room to help nervous flyers San Francisco airport creates sens

Harry Styles fan sentenced to prison for stalking the Grammy-winning singer: Reports

A 35-year-old Harry Styles fan has reportedly received a prison sentence for stalking the Grammy-win

Who dies in 'Rebel Moon 2: The Scargiver'? We tally the dead and the reborn. (Spoilers!)

Spoiler alert: We're discussing important plot points and the ending of "Rebel Moon − Part Two: The