Jim Ratcliffe buys 25% purchase of Man United for GBP 1.25 billion

Manchester United have completed the sale of a part of the club's stakes to billionaire Jim Ratcliffe. The INEOS chairman completed the 25 percent of Manchester United for about GBP 1.25 billion. Ratcliffe and Co. will take over Man United's football operations on Sunday. The 71-year-old British billionaire will further inject $300 million for future investment into Old Trafford.