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Sir Jim Ratcliffe’s Ineos Group by 25% minority stake of Manchester United and it was officially announced on Sunday. Sir Jim Ratcliffe’s Ineos Group has officially acquired a significant 25% minority stake in the iconic football club, Manchester United. The announcement, made on a Sunday, has sent shockwaves through the sports and business communities alike, marking a strategic shift for both entities.
Ineos, has made a bold entry into the realm of football ownership. The acquisition of a quarter stake in one of the world’s most revered football clubs signals Ineos’s intent to deepen its involvement in the sports industry. Sir Jim Ratcliffe, known for his ventures in petrochemicals, automotive, and cycling, appears keen on expanding Ineos’s portfolio to include the passionate and global domain of football.
The move comes at a time when football clubs are increasingly attracting investment from non-traditional sources, and Manchester United, with its storied history and massive fanbase, stands as an appealing choice for investors.
