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Sir Jim Ratcliffe Completes Minority Stake Acquisition in Manchester United

by Thomaz Oseghale
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Sir Jim Ratcliffe Completes Minority Stake Acquisition in Manchester United

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Manchester United, one of the most iconic football clubs in the world, has recently welcomed a new minority stakeholder. Sir Jim Ratcliffe, a renowned petrochemical billionaire and lifelong United fan, now owns a 27.7% stake in the club through his company Trawlers Limited.

This acquisition has generated considerable excitement among football enthusiasts and business circles alike.

Sir Jim Ratcliffe is widely recognized as the head of the INEOS conglomerate, a global leader in the petrochemical industry.

Known for his astute business acumen, Ratcliffe’s initial offer was for a 25% stake in Manchester United. This offer included a 25% stake in both Class A and Class B shares, priced at $33 (€30.5) per share for each class.

The acquisition of a minority stake by Sir Jim Ratcliffe reflects his deep-rooted passion for the club and his belief in its potential.

As a lifelong United fan, Ratcliffe’s involvement in the club goes beyond financial interests.

This article was updated 2 months ago

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