Ratcliffe pays 79m for increased Man Utd stake
Briefly

Sir Jim Ratcliffe's recent investment of approximately £79 million has increased his stake in Manchester United to 28.94%, indicating a significant financial commitment to the club.
The SEC filings reveal that Ratcliffe's shares have been transferred to his INEOS company, reflecting a strategic financial move amidst ongoing scrutiny regarding his leadership at the club.
Despite this substantial investment, sources indicate that the funds will not be allocated for player transfers in January, highlighting the club's challenging financial situation with over £300 million in losses.
Ratcliffe's management has been marked by controversy, including criticism for raising ticket prices and decisions affecting the club's operational structure and staff, signaling a turbulent tenure.
Read at ESPN.com
[
|
]