Man Utd and Sir Jim Ratcliffe get Premier League approval over deal to buy 25 per cent of the club
British billionaire, Jim Ratcliffe's deal to buy a twenty five percent stake in Manchester United has been approved by the Premier League.
The deal, worth about one point three billion dollars, is still subject to Football Association approval.
Owners the Glazer family will retain a majority stake in the club but Ratcliffe's Ineos Group will take control of football operations.
Premier League approval is contingent on the deal being completed.
The deal is the first to be agreed under the Premier League's updated owners' and directors' test, which was approved by member clubs in March 2023 and includes a review by an independent oversight panel.
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Follow us on Twitter
Like us on Facebook
Join us on Google+
Subscribe RSS Feeds
Contact us 
