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Carlow Nationalist — Sir Jim Ratcliffe completes purchase of Manchester United stake

Sir Jim Ratcliffe completes purchase of stake in Manchester United - seizing control of football operations from Glazers

The deal is costing boyhood United fan Sir Jim $1.65bn, including $200m of initial investment intended for Old Trafford s infrastructure.

Ratcliffe secures minority stake in Man United and vows to lift English club to top of world soccer

British billionaire Jim Ratcliffe expressed his desire to lift Manchester United “to the top of English, European and world football” after completing his purchase of a minority stake in the iconic club on Tuesday. The 71-year-old Ratcliffe paid $1.3 billion for up to 25% of United and has already invested $200 million for additional shares, meaning he owns approximately 27.7%, the club said. United said Ratcliffe intends to invest a further $100 million by Dec. 31 “to enable future investment in infrastructure at Old Trafford.”

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