Sir Jim Ratcliffe has completed a deal to purchase a stake in Manchester United which will grant his Ineos company control of football operations at the club.
The Ineos founder, chairman and chief executive has completed his acquisition of 25 per cent of the Club’s class B shares and 25 per cent of the club’s Class A shares.
The investment from Trawlers Ltd, a company wholly owned by Ratcliffe, received Premier League and Football Association approval last week and was officially confirmed on Tuesday night.
Sir Jim Ratcliffe said: “To become co-owner of Manchester United is a great honour and comes with great responsibility.
“This marks the completion of the transaction, but just the beginning of our journey to take Manchester United back to the top of English, European and world football, with world-class facilities for our fans.
“Work to achieve those objectives will accelerate from today.”
Ratcliffe has agreed to pay US dollars 33 (£26) per share for a quarter of the Class A shares, as well as paying that price for 25 per cent of the Class B shares held by the Glazer family. Each Class B shares confers 10 times as many votes as a Class A share.
The deal was announced on Christmas Eve and the agreement to buy a 27.7 per cent stake in the club also includes investing an additional 300 million US dollars (£237m) into the club’s infrastructure, taking the total investment to £1.25billion.
United co-chairman Joel Glazer said: “I would like to welcome Sir Jim as co-owner and look forward to working closely with him and Ineos Sport to deliver a bright future for Manchester United.”
The billionaire Ratcliffe, who was born in Failsworth in Greater Manchester in October 1952 and says he was “around 10” when he first went to a United match, has been a frequent visitor as Ineos prepares to take responsibility for footballing operations at United.
Ratcliffe also attended the annual memorial for the Munich air disaster at Old Trafford on February 6.
Sir Dave Brailsford, Ineos’ director of sport, has also been a regular presence around the club and is expected to play a key role.
United’s statement last month confirming the shock appointment of Manchester City’s Omar Berrada as chief executive stressed that approach.
The Red Devils have also been strongly linked with Dan Ashworth, who has left his role as sporting director at Newcastle and placed on garden leave by the Tyneside club.
The completion of the deal marks the conclusion of a saga which began back in November 2022 when the Glazers announced plans for a strategic review which could include the sale of the club.
Ratcliffe, along with Qatari businessman Sheikh Jassim, were the front-runners when it became apparent a full sale would be considered, but the latter withdrew last October.
Ratcliffe’s focus shifted to the purchase of a significant minority stake, which has finally been completed on Wednesday.
Guardiola confident Man City can avoid fourth straight loss
Pep Guardiola is facing the prospect of losing four consecutive matches for the first time in his career but is confident Manchester City do not need extra reassurance.
All three of City's recent losses have come in different competitions, first falling to Tottenham in the EFL Cup round of 16 before following it up with defeats to Bournemouth in the Premier League and Sporting CP in the Champions League.
It is the first time the Citizens have been on such a run since doing so between May and August 2021, while in the same season, it is the first time since April 2018.
In the Premier League, Guardiola's men were on a 32-match unbeaten run before their defeat to Bournemouth, and they have only lost two consecutive top-flight matches three times under the Spaniard before.
The Spaniard has been vocal about his team's recent injury struggles, and will once again be without Jack Grealish, despite his recent England call-up, John Stones and Ruben Dias for the trip to Brighton on Saturday.
Bernardo Silva said the team were in a "dark place" after their game at Sporting on Tuesday, but Guardiola does not believe he needs to provide any extra motivation to help get his players back to winning ways.
"I don't think [the players need extra reassurance]. Of course, we are not used to losing three games in three different competitions, but it is football, and it has happened," Guardiola said.
"We know the reason why we struggle, but we are looking forward to this game and after the international break, and after that a few players will be back and recovered. All the little problems we have with players will be solved. I hope.
"There always is a first time [to lose four straight]. Hopefully, it is not the case.
"Twenty minutes against Fulham we were not good, against Bournemouth we were not good, but the rest of the games we were good. We are good. We will see what happens."
Khadija 'Bunny' Shaw's record-breaking hat-trick powers Manchester City to 4-0 victory Over Tottenham Hotspur Women
Reggae Girl Khadija "Bunny" Shaw delivered a historic performance on Friday, scoring a hat-trick that led Manchester City Women to a dominant 4-0 victory over Tottenham Hotspur Women in the Barclays Women's Super League (WSL). Shaw's incredible feat helped City extend their lead at the top of the table, reaching 19 points, four clear of Chelsea, who have played two games fewer.
Shaw, who has now scored seven goals in the league this season, wasted no time asserting her dominance, scoring just moments after kick-off. Bursting through on goal, she slotted the ball into the bottom corner, giving City an immediate 1-0 lead. In the 15th minute, Shaw struck again, towering over defenders to head home a looping cross from Lauren Hemp. Tottenham’s goalkeeper and fellow Jamaican, Rebecca Spencer, got a hand to it, but Shaw's powerful header proved unstoppable.
City continued to apply pressure, and in the 66th minute, Jill Roord added to the scoreline. After evading a challenge, Hemp found Roord in the box, who shifted the ball onto her left foot and fired it into the roof of the net, making it 3-0. Just a minute later, Shaw completed her hat-trick. Hemp, instrumental throughout, drove down the byline and delivered a precise cross into the box, where Shaw was perfectly positioned to knock it home.
Shaw's hat-trick set new records in the WSL. She became the first player to record three hat-tricks against the same team and broke her teammate Vivianne Miedema’s record with her sixth career hat-trick in the league.
Facing her fellow Reggae Girlz teammates Drew Spence and Rebecca Spencer, Shaw showed why she is one of the most prolific strikers in the league, continuing to propel Manchester City to the top of the WSL standings with her record-breaking performance.
Arsenal 5-0 Brighton: Five-star hosts run riot in statement win
Arsenal got back to winning ways in the Women's Super League, brushing aside high-flying Brighton with an emphatic 5-0 victory at the Emirates Stadium.
Three goals in 12 first-half minutes had put the Gunners out of sight to ensure Renee Slegers continued her unbeaten start as interim boss.
Beth Mead returned to the starting line-up and took just 13 minutes to get her name on the scoresheet, cutting inside from the right to bend a lovely shot into the far-bottom corner.
Brighton were picked apart down their left again shortly after, with Kim Little fizzing a dangerous low cross into the six-yard box, and Caitlin Foord was on hand to turn it in from close range.
Three minutes later, Frida Maanum got a stunning third, whipping a delightful finish into the top-right corner from the edge of the box, and Foord should have got their fourth on the stroke of half-time but fired against the post while off-balance.
Substitute Lina Hurting then rose high in the 76th minute to flick on a corner which neither Sophie Baggaley nor Guro Bergsvand could keep out despite their best efforts.
Stina Blackstenius was dragged down in the penalty area in stoppage time, and Alessia Russo confidently stepped up to bury the resulting spot-kick to send Arsenal fourth in the table.
Data Debrief: Off the mark at home
Slegers looks to have settled into life as Arsenal's interim boss seamlessly, and Arsenal avoided a slip-up against a tricky opponent to register their first home win of the season.
They have now won all 13 of their WSL meetings with Brighton by an aggregate score of 48-2, while it is the fifth clean sheet Arsenal have kept against them at home.
Mead also improved on her already impressive record against Brighton - against no side does she have more combined goals and assists than the Seagulls (13 - eight goals, five assists).
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