FA approves Ratcliffe's Man United investment
British billionaire Jim Ratcliffe's purchase of a 25 percent stake in Manchester United has been approved by the Football Association.
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British billionaire Jim Ratcliffe's purchase of a 25 percent stake in Manchester United has been approved by the Football Association.
Sir Jim Ratcliffe has finally had his £1.3billion minority stake in Manchester United ratified by the Premier League and the FA, making him one of the country’s richest football club owners.
Manchester United's incoming co-owner, Sir Jim Ratcliffe, is on the verge of joining the club officially after receiving the green light from the Premier League on Tuesday.
Manchester United’s share price on the New York Stock Exchange rose by almost nine per cent on Tuesday after the Premier League confirmed Sir Jim Ratcliffe’s minority investment had been ratified.
Sir Jim Ratcliffe’s purchase of a 25 per cent stake in Manchester United has obtained Premier League approval.
Jim Ratcliffe's tender offer for 25% of the Class A shares traded on the New York Stock Exchange has been extended until midnight on Friday night.
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