British billionaire Ratcliffe strikes deal to acquire 25% ownership stake in Manchester United

Jim Ratcliffe will acquire a minority stake at $33 per share value for a 25% stake, giving the club an enterprise value of $6.3 billion

Ineos chairman Jim Ratcliffe is pictured at Old Trafford in Manchester, Britain, March 17, 2023 Photo Credit: REUTERS

Ineos Chief Executive Jim Ratcliffe will acquire a minority stake in Manchester United at $33 per share value for a 25% stake, giving the club an enterprise value of $6.3 billion, in a deal that will be announced today, according to a source familiar with the matter.