Current:Home > StocksManchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe -EverVision Finance
Manchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe
View
Date:2025-04-27 22:14:55
MANCHESTER, 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
veryGood! (57)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- King Frederik X and Queen Mary of Denmark Share Kiss on Balcony After Queen Margrethe II's Abdication
- Hurry Up & Shop Vince Camuto’s Shoe Sale With an Extra 50% Off Boots and Booties
- Taylor Swift Tackles the Cold During Travis Kelce's AFC Wild Card Game
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Earthquakes over magnitude 4 among smaller temblors recorded near Oklahoma City suburb
- Taiwan president-elect Lai Ching-te has steered the island toward democracy and away from China
- North Korea launches a ballistic missile toward the sea in its first missile test this year
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Top Western envoys review Ukraine peace formula to end Russia’s war as Zelenskyy plans Davos visit
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- 2 Iranian journalists jailed for their reporting on Mahsa Amini’s death are released on bail
- As shutdown looms, congressional leaders ready stopgap bill to extend government funding to March
- 2 Iranian journalists jailed for their reporting on Mahsa Amini’s death are released on bail
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Wife of slain Austin jeweler says daughter-in-law Jaclyn Edison got away with murder
- Colorado spoils Bronny James' first start with fierce comeback against USC
- A man is charged in a 2013 home invasion slaying and assault in suburban Philadelphia
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Steelers vs. Bills AFC wild-card game in Buffalo postponed until Monday due to weather
Virginia woman cancels hair appointment when she wins $2 million playing Powerball
Navy officer who killed 2 in Japan car crash released from U.S. custody
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Soldiers patrol streets in Ecuador as government and cartels declare war on each other
Nico Collins' quiet rise with Texans reflects standout receiver's soft-spoken style
Prada reconnects with the seasons for its 2024-25 fall-winter menswear collection