Manchester United has now received nearly £202024 million in investment from Sir Jim Ratcliffe and Ineos. This transaction took place a month ago, on December 10, but has only been made official this week. Red Football Limited, the parent company of the club, released 100 new shares to Ratcliffe and Ineos for a price close to £80 million. Ratcliffe has also contributed an extra £245 million in investment as part of the agreement made when he bought about 25% of the club. This spending was on top of the £1.2 billion agreement that allowed Ratcliffe to become one of the club’s minority owners and gave Ineos the task of overseeing football operations. However, although the confirmation was received two weeks into the winter transfer window, this funding will not grant new head coach Ruben Amorim any transfer budget. As stated previously, the £245 million is intended to support future infrastructure investment at Old Trafford. Two-thirds of this amount was received during their minority takeover, while the most recent investment represents the final third, which was delivered as promised before the end of last year. As our primary football writer Dave Powell has noted, it will generate funds beyond just the stadium. “The main goal was to secure around £50m to support the redevelopment of the Carrington training ground, with extra funds aimed at addressing cashflow challenges and offering working capital for upcoming transfer instalments,” Powell clarifies. “Although it did not impact United’s standing regarding Premier League profitability and sustainability rules, the action has helped improve the club’s financial position for the 2024/25 fiscal year.” Powell mentioned that “it is unlikely that there will be significant problems with being PSR compliant during the final assessment period for 2024/25.” United escaped any penalties for the 2023/24 season.
