{"id":301708,"date":"2023-12-07T13:24:42","date_gmt":"2023-12-07T13:24:42","guid":{"rendered":"https:\/\/sportstons.com\/?p=301708"},"modified":"2023-12-07T13:24:42","modified_gmt":"2023-12-07T13:24:42","slug":"ratcliffes-1-25bn-united-stake-set-to-be-confirmed-week-after-next","status":"publish","type":"post","link":"https:\/\/sportstons.com\/soccer\/ratcliffes-1-25bn-united-stake-set-to-be-confirmed-week-after-next\/","title":{"rendered":"Ratcliffe's \u00a31.25bn United stake set to be confirmed week after next"},"content":{"rendered":"
Sir Jim Ratcliffe’s\u00a025 per cent stake in Manchester United is now not expected to be announced until the week after next.<\/p>\n
Mail Sport<\/span> understands that officials had hoped to broadcast the arrival of the Ineos billionaire ahead of Tuesday’s Bayern Munich fixture at Old Trafford.<\/p>\n However, sources in the US have disclosed that ‘legal structural’ matters have pushed the date back.<\/p>\n There are not thought to be any obstacles or concerns but the delay may well frustrate supporters who see the arrival of the United-supporting local businessman as the beginning of the end for the Glazer family, who will retain a majority stake.<\/p>\n Should matters remain unresolved the upcoming Christmas break could push the announcement into the new year, although those involved hope that is not the case.<\/p>\n <\/p>\n Sir Jim Ratcliffe’s \u00a31.25bn investment in Manchester United is still yet to be officially ratified<\/p>\n <\/p>\n There is now belief that his stake in Manchester United will be ratified the week after next<\/p>\n Your browser does not support iframes.<\/p>\n Ratcliffe is thought to have paid close to \u00a31.3bn for a quarter share in United.\u00a0<\/p>\n The British billionaire will purchase 25 per cent of the A-shares listed on the New York Stock Exchange as well as 25 per cent of the Glazers’ B-shares which have greater voting rights. He will pump an additional \u00a3245m into the club to upgrade Old Trafford and Carrington.\u00a0<\/p>\n Following the announcement, approval is expected to take around six to eight weeks, which means the new group may not be in place in time for the January transfer window.\u00a0<\/p>\n He beat off competition from Qatar’s Sheikh Jassim bin Hamad al Thani, who pulled out of what was a two-horse race for the Premier League giants in October.<\/p>\n More than a year has now passed since the Glazers said they were seeking investment and open to a full sale.<\/p>\n <\/p>\n Ratcliffe will also buy 25 per cent of the Glazers’ B-shares which have greater voting rights<\/p>\n It’s All Kicking Off\u00a0is an exciting new podcast from Mail Sport that promises a different take on Premier League football, launching with a preview show today and every week this season.<\/span><\/p>\n It is available on MailOnline, Mail+, YouTube , Apple Music and Spotify<\/span><\/p>\n Your browser does not support iframes.<\/p>\nIT’S ALL KICKING OFF!\u00a0<\/h3>\n