Sir Jim Ratcliffe has implemented a new hierarchy at Manchester United, featuring a technical director, Jason Wilcox. Ratcliffe's ownership stake has increased to 28.94% from 27.7%. This investment aims to fund off-field improvements rather than player acquisitions during the January transfer window. This payment constitutes the final installment of a £238 million ($300 million) commitment Ratcliffe made last year to invest in infrastructure.
The US Securities and Exchange Commission confirmed the payment on Wednesday. Ratcliffe transferred his United shares from Trawlers Ltd to Ineos, effectively integrating the club into Ineos's broader sports portfolio. This move signifies Ratcliffe's determination to restore United to its former glory as a globally dominant club