• Loading stock data...
Sunday, March 3, 2024

Ratcliffe Closing in on Man United Stake Acquisition: What’s Next?

  • Manchester United's stake sale saga is working toward the finish line.
  • British billionaire Jim Ratcliffe is acquiring a 25% team stake for more than $1.5 billion.
MUFC

The sale of a significant minority stake in Manchester United to British billionaire Jim Ratcliffe still isn’t complete, but momentum is building toward the end of the saga.

Multiple outlets are now reporting that Ratcliffe’s acquisition of 25% of the Premier League club will be publicly confirmed next week. Sky News and ESPN suggest the long-awaited deal will be announced as soon as Monday.

Ratcliffe would be buying Manchester United stock at $33 per share, which amounts to $1.57 billion. While the oft-criticized members of the Glazer family will retain majority control of Manchester United, they will be significantly reducing their investment as Ratcliffe comes on board.

Striking Distance

Once the sale process is completed, Ratcliffe could make an immediate impact both on and off the pitch.

He’ll reportedly take over football operations as part of the deal, a development that could quickly lift the spirits of some disgruntled fans.

He is also said to be committing an additional $300 million toward improving club infrastructure, particularly around the iconic but aging Old Trafford stadium. Manchester United CEO Richard Arnold, who had been with the club for 16 years, has already stepped down in a move widely believed to be related to Ratcliffe’s pending investment.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The Caitlin Clark Economy: Much More Than an Army of Traveling Young Girls

The economy surrounding No. 22 goes far beyond her biggest fans.

Sheer Madness: What You Need to Know About MLB’s New Uniform Saga

MLB’s reworked uniforms have become a major source of spring training controversy.

Why New Pac-12 Commissioner Teresa Gould Deserved Better

The first female Power 5 commissioner will inherit her predecessors’ mess.

‘Roodypoo’ to ‘Rockpocalypse’—Dwayne Johnson Now Owns Words He Made Famous 

Johnson netted a long IP list of old nicknames and phrases for joining WWE’s board.
podcast thumbnail mobile
Front Office Sports Today

Jenny Cavnar is Breaking Barriers During Oakland’s Strange Season

0:00
0:00

Featured Today

Oct 5, 2021; Kansas City, Missouri, USA; Bob Kendrick, president of the Negro Leagues Baseball Museum in Kansas City, points to the lettering outside of the museum Tuesday.

How Do You Keep Negro Leagues Baseball History Alive? Put It in a Video Game

Negro Leagues Baseball Museum attracting increased donations, visits from ‘MLB The Show.’
February 26, 2024

The Victor Wembanyama Rookie Card Market Hasn’t Matched His Hype

A cooling market and Fanatics autograph deal leaves big-money collectors waiting.
February 25, 2024

Sham Gods: The Rapidly Growing World of Sports Impersonators on X

Fake Schefters and Wojs, fabricated trade demands, and borrowed profile pictures.
Sep 24, 2023; Oakland, California, USA; A general view of the Oakland Athletics dugout after the game against the Detroit Tigers at Oakland-Alameda County Coliseum.
February 24, 2024

Murky Future: Everything You Need to Know About the A’s Move to Las Vegas

Breaking down one of the most drawn-out, multifaceted sagas in sports.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Spotify
Multiple - USA Careers
Nike
Multiple - USA Careers
EA
Multiple - USA Careers
Carolina Panthers

For Panthers, the Cost of a Two-Win Season Is a 4% Ticket Hike

Lower-level tickets are going up an average of 7%.
February 26, 2024

What Is a Clipper? Behind the Scenes of an NBA Rebrand

The NBA team is leaning into its nautical heritage.
February 26, 2024

Trouble in Winnipeg As Bettman Plans Visit for Ailing Jets

NHL commissioner set to meet with local politicians, sponsors, and fans.
Sponsored

How LivePass is Redefining Ticketing for the Next Generation of Fans

The next wave of ticketing technology.
Matt Araiza
February 22, 2024

Chiefs Sign Matt Araiza, Former Bills Punter Dismissed for Now-Dropped Rape Allegations

Rape allegations against the punter were dropped in December.
February 20, 2024

An About-Face in D.C. As Lerners Pull Nationals From the Market

MLB club no longer for sale as ownership family changes course.
Phoenix Suns
February 15, 2024

Suns Last NBA Team To Add a G League Squad

Mat Ishbia made his latest move a year into owning the Suns.
February 13, 2024

Royals Trust Owner’s ‘Gut,’ Commit to Downtown K.C. Site for New Stadium

MLB club targets late-emerging location near downtown for ballpark development.