🚨⚽️ Sir Jim Ratcliffe could have an opportunity to secure majority ownership of…
🚨⚽️ Sir Jim Ratcliffe could have an opportunity to secure majority ownership of Manchester United in the second half of 2029. A clause in United's $550M refinancing agreement would allow the club to repay its loans without penalties from June 2029, potentially paving the way for INEOS to take on the remaining Glazer-era debt. The move could significantly improve United's financial position and increase their borrowing power to fund a new £2–3bn stadium. However, any takeover would require the Glazers to sell and INEOS to assume further debt, despite already owing more than £10bn. (Source: Telegraph)
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