Sir Jim Ratcliffe says Manchester United’s journey back to the top of world football starts now after completing his £1.3billion deal to become minority owner of the Premier League giants
A year and three months after the club announced a strategic review, and 58 days after a deal was struck, there is finally a new power structure in place at Old Trafford.
Ratcliffe has completed his purchase of 25 per cent of the shares owned by the Glazer family, who have been United’s majority owners since their controversial leveraged buyout in 2005.
The Ineos chairman paid 33 US dollars (£26) for each of those shares and the same price for 25 per cent of Class A shares, with 10 times fewer voting rights, following a tender process.
Ratcliffe takes control of fo…