Sir Jim Ratcliffe Man Utd investment done deal as Arsenal, Chelsea, Tottenham face transfer wait

Manchester United have announced that Sir Jim Ratcliffe has acquired a 25 per cent stake in the club. The announcement of Ratcliffe's investment brings an end to the year-long saga in which the United's owners, the Glazer family, sought outside investment.

The deal will see Ratcliffe take control of football operations at Old Trafford and he is expected to appoint his own CEO and sporting director. How it impacts the likes of Arsenal, Chelsea and Tottenham remains to be seen moving forward.

A statement from United read: «Manchester United plc (NYSE: MANU) announced today that it has entered into an agreement under which Chairman of INEOS, Sir Jim Ratcliffe, will acquire 25 per cent of Manchester United’s Class B shares and up to 25 per cent of Manchester United’s Class A shares and provide an additional $300million intended to enable future investment into Old Trafford. As part of the transaction, INEOS has accepted a request by the Board to be delegated responsibility for the management of the Club’s football operations.

»This will include all aspects of the men's and women's football operations and Academies, alongside two seats on the Manchester United PLC board and the Manchester United Football Club boards. The joint ambition is to create a world-class football operation building on the Club’s many existing strengths, including the successful off-pitch performance that it continues to enjoy."

United executive Co-Chairmen and Directors, Avram Glazer and Joel Glazer said: “We are delighted to have agreed this deal with Sir Jim Ratcliffe and INEOS. As part of the strategic review we announced in November 2022, we committed to look at a variety of alternatives to help enhance Manchester United, with a focus on delivering