Current:Home > StocksManchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe -Visionary Growth Labs
Manchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe
Burley Garcia View
Date:2025-04-07 23:56:42
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! (8813)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Four stabbed on Louisiana Tech campus in 'random act of violence,' 3 hospitalized
- How to double space on Google Docs: Whatever the device, an easy step-by-step guide
- Xi and him
- Meta releases AI model to enhance Metaverse experience
- Horoscopes Today, November 14, 2023
- Jamie Lee Curtis calls out transphobia from religious right in advocate award speech
- A Kansas officer who shot and killed a man armed with a BB gun won’t face charges
- B.A. Parker is learning the banjo
- Ali Krieger's Brother Kyle Celebrates Her Resilience Amid Heart-Breaking Ashlyn Harris Split
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- 'None that are safe': Colorful water beads are child killers so ban them, lawmaker says
- A Kansas officer who shot and killed a man armed with a BB gun won’t face charges
- In embracing 'ugliness,' Steelers have found an unlikely way to keep winning
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Man, 40, is fatally shot during exchange of gunfire with police in southwestern Michigan
- The last government shutdown deadline ousted the House speaker. This week’s showdown could be easier
- Congressional delegations back bill that would return land to Winnebago Tribe of Nebraska
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
In embracing 'ugliness,' Steelers have found an unlikely way to keep winning
Mexico’s ruling party appears to have dodged possible desertions in the run-up to 2024 elections
Mercedes-Benz, Honda, Tesla among 48,000 vehicles recalled: Check car recalls here
A South Texas lawmaker’s 15
Columbia will set up fund for victims of doctor convicted of sex crimes, notify 6,500 patients
Civil War cannonballs, swords and unexploded munition discovered in South Carolina river
Harvest of horseshoe crabs, used for medicine and bait, to be limited to protect rare bird