Sir Jim Ratcliffe officially becomes Manchester United’s single largest shareholder

Sir Jim Ratcliffe’s 27.7 per cent investment in Manchester United has been officially announced following ratification of the deal.

On Christmas Eve in 2023, Manchester United confirmed that they had accepted a bid from Sir Jim Ratcliffe for 27.7 per cent of the club, with the British billionaire paying roughly £26 per share for a total of 13,237,834 shares.

This means Ratcliffe has spent roughly £1.25 billion on his quarter stake in the Old Trafford club, with INEOS now set to assume all sporting control of Erik ten Hag‘s team.

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With Ratcliffe now the sole holder of 27.7% of the club, he becomes the single largest shareholder in Manchester United, as although the Glazers still own over 50% of the company, that 50% is split among six siblings.

Sir Jim Ratcliffe: ‘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 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.”

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.”