The Football Association still needs to rubber-stamp Jim Ratcliffe’s investment in Manchester United but that is seen as a formality.
The US$1.25 billion deal, in which the Ineos chairman will also invest US$300 million into club infrastructure and take charge of the club’s football operations, was struck in December. “The Board agreed to the change of the club’s ownership structure last week, and this has now been officially ratified by an Independent Oversight Panel. The Premier League’s Owners Charter has also been signed.”The Football Association still needs to rubber-stamp the 71-year-old’s investment in United but that is seen as a formality.
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