They have defended the move.
Sir Jim Ratcliffe wants to build a new Old Trafford Manchester United have paid off £120million of debt on the club’s revolving credit facility following Sir Jim Ratcliffe’s investment in the club. Ratcliffe took a 27.7% stake in the club following his purchase of around £1.05bn. However, the 71-year-old pledged a further £235m to the club to be used for refurbishment of the stadium. But United’s financial results on Tuesday showed the club owed £773.
United are looking into plans for Old Trafford’s future However, the club have released further updates on their finances to say £120m of the club’s overall debt has been paid off, taking it down to £653.3m. It means the club’s credit facility is down to £140m, leaving a buffer of £160m in further spending on there should they choose to do so.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Sir Jim Ratcliffe wants Manchester United to knock Manchester City and Liverpool off their perchSir Jim Ratcliffe is determined to knock Manchester City and Liverpool off their perch within three years as he sets out his vision to rebuild Manchester United.
Lire la suite »
Sir Jim Ratcliffe and INEOS’ minority stake in Manchester United confirmedSir Jim Ratcliffe and INEOS have completed their purchase of a minority stake in Manchester United. United confirmed in December that a deal had been agreed for Ratcliffe to take a 25 per cent stake in the club, with the Glazer family diluting their shares, rather than leaving altogether.
Lire la suite »
Sir Jim Ratcliffe completes deal to buy Manchester United minority stakeSir Jim Ratcliffe’s purchase of a 27.7 per cent stake in Man Utd has been completed to enable his INEOS company control of football operations at the club.
Lire la suite »
New Manchester United era officially begins as Sir Jim Ratcliffe completes deal to become minority owner...Confirmation of the British billionaire's purchase of a 25 per cent stake at the Premier League giants was announced on Christmas Eve after months of negotiations, in a deal understood to be worth £1.25billion.
Lire la suite »
Sir Jim Ratcliffe on Manchester United, Old Trafford, Sheikh Jassim and Mason Greenwood: Full transcriptEvery word Sir Jim Ratcliffe said on Manchester United's future, Sheikh Jassim, the Glazers, Mason Greenwood, Dan Ashworth and more
Lire la suite »
What Sir Jim Ratcliffe said about Manchester United and what it meansRatcliffe was daring in his words but also realistic as he set out his vision for Manchester United.
Lire la suite »