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INEOS Chairman Jim Ratcliffe Secures 25% Stake in $2.3 Billion Deal
In a groundbreaking development, Jim Ratcliffe, the British billionaire and chairman of INEOS, has successfully acquired a 25% stake in Manchester United, signifying a major shift in ownership dynamics. The £1.25 billion ($2.3 billion AUD) deal not only brings substantial financial investment but also grants Ratcliffe control over the football operations at Old Trafford. This article delves into the intricacies of the transaction, examining its implications for Manchester United and exploring the potential for a new era under Ratcliffe’s ownership. INEOS, under Jim Ratcliffe’s leadership, is set to secure a 25% ... (full story)
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- Posted: Dec 26, 2023 8:35am
- Submitted by:Category: Entertainment NewsComments: 0 / Views: 4,969
