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Man United £80m cash injection explained as Sir Jim Ratcliffe keeps Glazers promise
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manchestereveningnews.co.ukManchester United have now received almost another £80 million investment from Sir Jim Ratcliffe and Ineos. The move happened a month ago, on 10 December, but has become official this week.
Red Football Limited, the club's parent company, issued 100 new shares to Ratcliffe and Ineos at a price of nearly £80million.
Ratcliffe has now provided the additional £245million of further investment as agreed when purchasing around a quarter of the club.
That expenditure was in addition to the £1.2 billion deal that made Ratcliffe one of the club's minority owners and saw Ineos delegated responsibility for managing football operations.
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