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[Simon Stone] Man Utd: Sir Jim Ratcliffe's minority stake close to being agreed (www.bbc.com)

submitted 1 year ago by OPchainsaw@alien.top to c/main@soccer.forum

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[–] tarakian-grunt@alien.top 1 points 1 year ago (1 children)

Seems not much of an update. Other than the headline 25% there have been no real details of what this minority stake entails, or when the deal will actually close.

It is not entirely clear what the structure of the deal will be, nor if there will be specific dates that would allow Ratcliffe to increase his shareholding. It is thought around £245m in additional funds will be made available by Ratcliffe for infrastructure works related to the stadium.

[–] Exige_@alien.top 1 points 1 year ago

It will be interesting to see how it develops.

I don’t see a world in which SJR puts this amount of money in without an element of control and a longer term plan backed up by legal agreements.

We will see but I don’t think things can get any worse tbh.