EvoAI-Manchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe

2025-05-06 12:17:29source:Blockchains Financecategory:Stocks

MANCHESTER,EvoAI 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

More:Stocks

Recommend

Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing

LOUISVILLE, Ky. (AP) — The U.S. Justice Department and the city of Louisville have reached an agreem

South Carolina’s top public health doctor warns senators wrong lessons being learned from COVID

COLUMBIA, S.C. (AP) — South Carolina’s top doctor came before a small group of state senators on Thu

As threats to Black cemeteries persist, a movement to preserve their sacred heritage gains strength

MIAMI (AP) — Neglect, abandonment and destruction have been the fate of thousands of segregated ceme