Manchester United football director John Murtough steps down
John Murtough is stepping down as football director and leaving Manchester United.
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John Murtough is stepping down as football director and leaving Manchester United.
John Murtough is stepping down as football director and leaving Manchester United.
MANCHESTER, England : British billionaire Jim Ratcliffe's acquisition of a 25 per cent stake in Premier League club Manchester United has been completed, putting an end to a 15-month saga.
Manchester United have appointed two new directors following the completion of Sir Jim Ratcliffe's investment in the club. INEOS co-founder John Reece and INEOS Sport chairman Rob Nevin have both been confirmed as board members, while former chief executive officer Richard Arnold resigned from the board last week.
Manchester United legend Wayne Rooney has opened up about the impact that submitting a transfer request had on his relationship with Sir Alex Ferguson.
British billionaire Jim Ratcliffe said becoming a co-owner of Manchester United is a "great honour" and "responsibility" after his purchase of a minority stake was finalised on Tuesday. The 71-year-old's investment, which will give him control of football operations at the 20-time English champions, was approved by the Premier League and English Football Association last week. It was announced on December 24 last year that Ratcliffe had agreed to buy a 25 per cent stake in United from unpopular owners the Glazer family in a deal worth around £1.02 billion ($1.3 billion).
Jim Ratcliffe has completed a deal to purchase a stake in Manchester United which will grant his Ineos company control of football operations at the club.
Sir Jim Ratcliffe has completed a deal to purchase a stake in Manchester United which will grant his Ineos company control of football operations at the club.