Manchester United sold 25 percent of the club’s shares to billionaire Jim Ratcliffe
The English football club Manchester United announced the sale of shares in the club to billionaire Jim Ratcliffe. This was reported on the team’s website.
Ratcliffe bought 25 percent of the Class A and B shares from the Glazer family. The transaction amount is not specified. Ratcliffe said he was a Manchester resident and a fan of the club. He emphasized that Manchester United will give his company the opportunity to develop the club.
On March 21, it became known that an investor close to the royal family of Qatar wanted to buy Manchester United for a record amount of more than 5 billion pounds sterling ($6.15 billion). British billionaire Jim Ratcliffe was willing to pay the same amount.
In December 2022, the Glazers announced that they were willing to consider various strategic options, including new investment in the club or its sale. Businessmen expected to receive more money from this deal than the former owner of English Chelsea, Roman Abramovich.
Source: Lenta
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