Tag: stake
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British Billionaire Strikes Deal to Acquire Minority Stake in Manchester United
Updated Dec. 24, 2023 10:36 am ET British billionaire Jim Ratcliffe has struck an agreement to buy a minority stake in Manchester United in a deal that values the renowned soccer club at around $6.3 billion including debt and ends more than a yearlong sales process. The deal is expected to be announced later Sunday.…
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Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Mike Hewitt | Getty Images Sport | Getty Images LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the football club, Sky News…