FA gives green light to ‘Sir Jim’ to buy ghost shares

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The English Football Association has approved Sir Jim Ratcliffe‘s purchase of 25 percent of Manchester United’s shares. This leaves just a little bit more to be able to fully manage the team.

The British millionaire received approval from the Premier League on Monday evening. So all that remains is to wait for the green light from the FA before officially acquiring club shares.

Recently, the American Securities and Exchange Commission has revealed that Manchester United. And Ratcliffe have received the green light from the FA as well. โปรโมชั่น ufabet

This means that the Red Devils’ stock trade has only a few more steps left before it is officially completed.

In the deal, Ratcliffe also received 25 percent of the Class B shares held by the Glazer family. Which have 10 times the voting rights of Class A shares. The

Red Devils’ share purchase was The story has dragged on since the end of 2022, with the Glazers initially ready to sell the club out of their arms with Ratcliffe and Sheikh Jassim bin Hamad Al Thani from Qatar. wants to take over

After a long process, Ratcliffe decided to buy 25 per cent of the club instead and an agreement was reached on Christmas Eve. Ratcliffe

and his company Ineos would be the parties. Fully managing the football side of the club once the Manchester United share purchase is complete, and also having the option to buy more Class B shares from Glazer if the American owner wishes to sell more shares, Ratcliffe has begun

. Some changes have already begun behind the scenes at the club as well, after bringing in Omar Berrada from Manchester City to take over as CEO. And they are also eyeing Newcastle United’s Dan Ashworth to take over at the club.

Ineos sports CEO Jean-Claude Blanc and company sporting director Sir David Brailford will also sit on the board alongside Ratcliffe.