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Manchester United's new billionaire owner Jim Ratcliffe says he won't simply get his checkbook out to solve the club's problems. "That's proven many, many times not to end well," he adds.
"Do you have confidence in the manager?" Manchester United's new owner Jim Ratcliffe tells Bloomberg that "this is not about" manager Erik ten Hag, as speculation continues about the billionaire's future plans for the team Read more: https://bloom.bg/48o72Vn
New Manchester United co-owner Jim Ratcliffe discusses his sole objective for the English soccer club and says return on investment has nothing do with his decision to invest.
Success, not returns: Manchester United co-owner Jim Ratcliffe on his sole focus for the soccer club
New Manchester United co-owner Jim Ratcliffe said on Friday that return on investment had nothing to do with his decision to invest in the English soccer giant.
British billionaire James Ratcliffe purchased a 25% stake in Premier League team Manchester United on Tuesday, marking the completion of a $1.3 billion deal that comes months after Qatari official Sheikh Jassim bin Hamad Al Thani withdrew a $6 billion bid for the club.
Manchester United has clinched approval from the Football Association for British billionaire Sir Jim Ratcliffe's acquisition of a 25% minority stake in the iconic English club, although its shares tumbled in premarket trades Thursday.
Manchester United (MANU) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Manchester United's takeover by British billionaire Jim Ratcliffe has been approved by the Premier League, pushing it one step closer to completion. New York-listed shares in Manchester United Plc (NYSE:MANU) rallied over 10% to more than US$21.50 following the news.
Manchester United's stock climbed Tuesday as the Premier League approved British billionaire Jim Ratcliffe's acquisition of a 25% minority stake in the iconic English club.
Aligning with its aim to enhance its fans' satisfaction, Manchester United (MANU) partners with SCAYLE, making it the official e-commerce platform partner.