News

Ratcliffe’s first plans for 25% Man Utd takeover revealed with cash injection

football souvenir colour
The Official Football Souvenir Store

SIR JIM RATCLIFFE will invest £245MILLION into Manchester United’s infrastructure as part of his 25 per cent takeover, according to reports.

The British billionaire, 71, will pledge the investment as part of his acquisition which is expected to be worth more than £1.25billion.

Sir Jim Ratcliffe looks set to improve the infrastructure at Manchester United

1

Sir Jim Ratcliffe looks set to improve the infrastructure at Manchester UnitedCredit: PA

According to Sky News, the £245m investment on infrastructure will be staggered.

However, the “majority” of the sum would be given to the club by the end of the year.

This would appear positive news for many Man Utd fans as Old Trafford has been criticised for being old and decaying.

THIS IS A DEVELOPING STORY…The Sun is your go to destination for the best football, boxing and MMA news, real-life stories, jaw-dropping pictures and must-see video.Like us on Facebook at https://www.facebook.com/TheSunFootball and follow us from our main Twitter account at @TheSunFootball.

FREE BETS – BEST BETTING OFFERS AND BONUSES NEW CUSTOMERS

MAN UTD NEWS LIVE: Stay up to date with all of the latest transfer and takeover news from Old Trafford



football souvenir colour
The Official Football Souvenir Store
Liverpool
Chelsea
Manchester City
Arsenal
Tottenham Hotspur
Manchester United
Leicester City
Newcastle United
West Ham United
Barcelona
Real Madrid

Source link