What You Need to Know:
Sir Jim Ratcliffe, the British billionaire, has penned a letter to Manchester United fans as his 25% takeover of the club nears completion. The Glazers have accepted Ratcliffe's £1.03 billion investment, and the deal is currently being finalized by club officials. In the letter, Ratcliffe expresses his commitment to bringing back the glory days to Old Trafford.
Details of the Takeover:
Sir Jim Ratcliffe, 71, has made a significant investment in Manchester United, acquiring a 25% stake in the club. The deal, announced on Christmas Eve, involves Ratcliffe paying £1.03 billion to the Glazers. Once the takeover is officially approved by club chiefs, Ratcliffe will assume control of football operations at the club.
Ratcliffe's Promise to Fans:
In a letter to the Manchester United Supporters Trust, Ratcliffe pledges his dedication to restoring the club's former glory. While awaiting the completion of the takeover, Ratcliffe assures fans that he will do everything in his power to bring success and triumph back to Old Trafford.
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courtesy of thesun.co.uk
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