Ratcliffe’s £1.3 billion investment marks the beginning of a transformational journey for the Red Devils

Sir Jim Ratcliffe has finalized the acquisition of a 25% stake in Manchester United, affirming his commitment to restoring the club to its former footballing glory. With an investment of £1.3 billion, Ratcliffe aims to propel the Red Devils back to the summit of English, European, and world football.

In a statement following the confirmation of the deal, Ratcliffe expressed his honour at becoming a co-owner of Manchester United and emphasized the profound responsibility that accompanies such a role. He articulated his vision for the club, emphasizing the pursuit of excellence on and off the pitch, with a focus on providing world-class facilities for fans.

United’s Executive Co-Chairman, Joel Glazer, extended a warm welcome to Ratcliffe, expressing confidence in his ability to contribute to the club’s future success. Glazer underscored the collaborative effort between Ratcliffe, INEOS Sport, and the existing leadership at United in driving the club towards a bright and prosperous future.

Ratcliffe’s investment is not merely a financial transaction but marks the commencement of an ambitious journey towards rejuvenating Manchester United. His plans include leveraging the global expertise and resources of the wider INEOS Sport group to enhance the club’s performance and infrastructure significantly.

The 71-year-old businessman has already engaged with the club’s fanbase, holding discussions to outline his strategic objectives and gather insights into their aspirations for Manchester United. Ratcliffe’s proactive approach and dedication to listening to stakeholders reflect his commitment to inclusive decision-making and transparent governance.

Looking ahead, Ratcliffe aims to increase his shareholding in United to 28.9% by the end of 2024, demonstrating his long-term commitment to the club’s sustained growth and success. With a keen focus on unlocking the full potential of Manchester United, Ratcliffe’s tenure as co-owner heralds a new era of optimism and ambition for one of football’s most iconic institutions.