Sir Jim Ratcliffe receives FA approval for Manchester United deal

Sir Jim Ratcliffe and his Ineos Group will officially become minority stakeholders at Manchester United now this his deal for 25% has been given the official stamp of approval.

It has been a long time coming for Manchester United fans. We have long heard about all of the positive aspects that come with Ratcliffe and his investment, but now it’s time to see actions.

Journalist Ben Jacobs, who recently featured on the Strettycast, reports that the Football Association has officially approved Ratcliffe’s stake in United.

Jim Ratcliffe now has FA approval on his Manchester United stake.✅ pic.twitter.com/y4N6ZM8arl

— Ben Jacobs (@JacobsBen) February 14, 2024

Ratcliffe reached an agreement with the Glazer family on Christmas Eve that now sees him own a 25% stake in the club – 13 months on from when the American owners began exploring a complete or partial sale of the football club.

The Ineos Group will take control of football operations at United as a result.

They have already appointed Omar Berrada as the club’s Chief Executive Officer following the eagerly awaited departure of Richard Arnold. Now, Newcastle sporting director Dan Ashworth is expected to follow in his footsteps by leaving a Premier League rival for the Reds.

With the FA’s approval, Ratcliffe is expected to release a formal statement in the comment days.

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