Who is Sir Jim Ratcliffe? Failsworth billionaire's net worth as Manchester United minority investment agreed
manchestereveningnews.co.ukManchester United are heading into a new era after Sir Jim Ratcliffe completed his deal to invest in the club. The 71-year-old billionaire now holds a 25 per cent stake at the Premier League giants after successfully getting his deal over the line.
INEOS founder Sir Jim will initially work alongside the Glazer family in the boardroom. Starting up a long-winded saga, the much-maligned Americans announced a strategic review to their ownership in November 2022 as Sir Jim and Qatari banker Sheikh Jassim went head-to-head for outright control.
However, when the latter withdrew from the bidding process, Sir Jim too made a revised offer. ALSO READ: Gary Neville slams Manchester United takeover update ALSO READ: Jamie Carragher mocks Erik ten Hag with Gary Neville Manchester United suggestion Despite being the sole frontrunner, there was still red tape for the Failsworth-born businessman to get through as his team, the Raine Group and Glazer family worked behind the scenes to get the £1.25billion agreement across the line.
Here's our in-depth profile on the new figurehead as Sir Jim gets ready for work; Ratcliffe was born in Failsworth and is known to be a boyhood United fan.
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