Manchester United sold 25% of its capital to billionaire Jim Ratcliffe, owner of INEOS, one of the largest chemical companies in the world, the club where footballers Diogo Dalot and Bruno Fernandes play announced this Sunday.
With this agreement, Ratcliffe will inject 330 million euros into Manchester United, an amount that will be used for investments in player transfers such as the renovation of Old Trafford and other infrastructure, with the Englishman being responsible for sporting operations.
The Glazer family, owner of the club since 2005, began a process in 2022 to sell part or all of its participation in the club, which has already closed, with the aim of maintaining economic success, but, above all, sporting success. results.
Manchester United have not won the Premier League since 2013, the year in which legendary Scottish manager Alex Ferguson left the club.
The deal will now have to go through Premier League approval, a process that is expected to take between six and eight weeks.
Source: TSF
