Sir Jim Ratcliffe changes ownership stake in Man Utd as he injects millions more but it won’t help Amorim
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SIR JIM RATCLIFFE has increased his ownership stake in Manchester United after injecting an extra £79million into the club. The Ineos chief previously owned 27.7 per cent of the Red Devils after paying the Glazers £1.2billion earlier this year. Ratcliffe’s deal saw him promise to invest a further £237m.
![[Sir Jim Ratcliffe has increased his stake in Man Utd]](https://www.thesun.co.uk/wp-content/uploads/2024/12/255e91bf-cc54-40f9-bbe9-17956ffe6ad7.jpg?strip=all&w=960)
And a final payment of £79m has now been confirmed after being listed on the US Securities and Exchange Commission. It means Ratcliffe’s stake in United has increased to 28.94 per cent. Some of those shares have also been transferred from the chief to Ineos itself.
But Ruben Amorim will not be seeing any of the extra cash. United’s new boss is hoping to reshape his squad in January with several signings. Amorim wants to sign a new left-back and could also look to strengthen in midfield. FOOTBALL FREE BETS AND SIGN UP DEALS.
Instead, it will be used to boost infrastructure across the club in a variety of areas. The latest cash injection comes as Ratcliffe and Ineos look to cut costs on and off the pitch. A whopping 250 members of staff have been let go – including sporting director Dan Ashworth.
While players like Marcus Rashford are up for sale amid links with Arsenal. Ratcliffe has also come under fire for raising the price of match-day tickets with zero concessions for children or pensioners. AMAD DIALLO left Manchester City stunned as he turned the derby on its head.
The flying winger won a penalty, converted by Bruno Fernandes, in the dying embers to level it up. But the best was yet to come as Amad flicked past an onrushing Ederson before expertly slotting in a dramatic winner from a tight angle deep into injury time.
