Current:Home > StocksManchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe -StockSource
Manchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe
Rekubit View
Date:2025-04-09 02:58:48
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! (6472)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Spotify Wrapped is here: How to view your top songs, artists and podcasts of the year
- Officer and suspect killed in a shootout after a traffic stop in southwest Colorado
- 'Sex and the City' star Cynthia Nixon goes on hunger strike to call for cease-fire in Gaza
- DoorDash steps up driver ID checks after traffic safety complaints
- Kylie Jenner Got a Golden Ticket to Timothée Chalamet's Wonka Premiere After-Party
- Deion Sanders' three biggest mistakes and accomplishments in first year at Colorado
- South African company to start making vaginal rings that protect against HIV
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- What to know about the COP28 climate summit: Who's going, who's not, and will it make a difference for the planet?
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- Iowa Lottery posted wrong Powerball numbers -- but temporary ‘winners’ get to keep the money
- Human remains found on neighbor's property in search for Indiana teen missing since June
- UAW will try to organize workers at all US nonunion factories after winning new contracts in Detroit
- Intellectuals vs. The Internet
- Good American Flash Sale: Score up to 65% Off Jeans, Blazers, Shirts & More at Nordstrom Rack
- UAW will try to organize workers at all US nonunion factories after winning new contracts in Detroit
- Senate Majority Leader Schumer warns that antisemitism is on the rise as he pushes for Israel aid
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Fifth group of hostages released after Israel and Hamas agree to extend cease-fire
Man charged with shooting 3 Palestinian college students accused of harassing ex-girlfriend in 2019
France arrests yoga guru Gregorian Bivolaru on suspicion of indoctrinating followers for sexual exploitation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Nigeria’s leader presents $34 billion spending plan for 2024, prioritizing the economy, security
Stock market today: Asian shares mostly higher ahead of US price update, OPEC+ meeting
Suspected drug cartel gunmen abduct 7 Mexican immigration agents at gunpoint in Cancun