Current:Home > InvestManchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe -Wealth Legacy Solutions
Manchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe
Charles Langston View
Date:2025-03-11 08:23:52
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! (47)
Related
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Blake Lively's Touching Tribute to Spectacular America Ferrera Proves Sisterhood Is Stronger Than Ever
- Austin police shoot and kill man trying to enter a bar with a gun
- Peter Sarsgaard Reveals the Secret to His 14-Year Marriage to Maggie Gyllenhaal
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- $15M settlement reached with families of 3 killed in Michigan State shooting
- A Black woman was criminally charged after a miscarriage. It shows the perils of pregnancy post-Roe
- The power of blood: Why Mexican drug cartels make such a show of their brutality
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Hong Kong’s activist publisher to stand trial this week under Beijing’s crackdown on dissidents
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- July 2023 in photos: USA TODAY's most memorable images
- Hundreds of residents on Indonesian island protest the growing arrival of Rohingya refugees by sea
- Quaker Oats recalls some of its granola bars, cereals for possible salmonella risk
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- May 2023 in photos: USA TODAY's most memorable images
- Demi Lovato, musician Jutes get engaged: 'I'm beyond excited to marry you'
- $15M settlement reached with families of 3 killed in Michigan State shooting
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Mostert, Tagovailoa lead Dolphins to a 30-0 victory over the Jets without Tyreek Hill
36 días perdidos en el mar: cómo estos náufragos sobrevivieron alucinaciones, sed y desesperación
European Union investigating Musk’s X over possible breaches of social media law
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Murray, Allick lead Nebraska to a 3-set sweep over Pittsburgh in the NCAA volleyball semifinals
AP Sports Story of the Year: Realignment, stunning demise of Pac-12 usher in super conference era
Ravens beat mistake-prone Jaguars 23-7 for 4th consecutive victory and clinch AFC playoff spot