MU: the Premier League validates the takeover of Sir Jim Ratcliffe

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By: Manu Tournoux

On December 24, Sir Jim Ratcliffe and INEOS announced the purchase of 25% of Manchester United’s shares. To pay for a part of the legendary English club, the boss of OGC Nice spent around 1.4 billion euros. However, Ratcliffe had to wait for the green light from the Premier League for the operation to be fully validated.

Well, according to the Telegraph, it is now done. The decision-makers of the English championship have validated the British billionaire’s offer and everything will be settled when the English federation has signed the final agreement.