Jim Ratcliffe Exclusive: Shock Man United takeover update revealed
Jim Ratcliffe Exclusive: Shock Man United takeover update revealed
Jim Ratcliffe’s Bold Move: Increased Man United Stake & Ambitious Old Trafford Overhaul
In a dramatic twist in Manchester United’s ownership saga, Sir Jim Ratcliffe is reportedly considering acquiring additional shares to help finance the long-awaited Old Trafford redevelopment, sources have revealed to Football Insider.
The billionaire chairman of INEOS, who initially secured a 27.7% stake in the club through a £1.25 billion agreement with the Glazers in early 2024, has now bolstered his position to 28.9% following a fresh £238 million investment.
This shift has notably diluted the Glazers’ ownership to 48.9%, a stark contrast to their near-total control when they took over in 2005. As Ratcliffe tightens his grip on the footballing side of the club, speculation is growing that he could push for even greater influence—potentially acquiring a larger shareholding to fuel his ambitious plans for Old Trafford’s future.
A task force—which includes Manchester Mayor Andy Burnham and United legend Gary Neville—has been assembled to explore two major options: expanding the historic stadium or constructing an entirely new, state-of-the-art venue. With Ratcliffe now overseeing football operations, securing the necessary funding for this monumental transformation has become his next major challenge.
With fans eagerly anticipating a revival both on and off the pitch, all eyes are on Ratcliffe’s next move. Could his increasing stake signal a shift towards a new era at Manchester United—one that prioritizes long-term success over financial stagnation? The answer may reshape the club’s future forever.