After joining Man United for $1.5 billion, the Ratcliffe’s new $250 million plan
The British billionaire would be ready to develop huge projects at the institution
After completing his purchase of the 25% stake of Manchester United, the British billionaire Jim Ratcliffe would be determined to develop massive plans at the institution that would include important and significant changes and would have a great impact on the club.
In this sense, it would be worth remembering that the British billionaire recently completed his purchase by paying $1.5 billion for his percentage of the club, which was approved by the Premier League, giving him the green light to start the projects he has in mind for the club.
According to the Mancunian journal Manchester Evening Standard these projects would be really costly for the Red Devils, which could lead Ratcliffe to extend his initial investment to the club to an additional sum of $250 million to achieve his purposes at the institution, which could contribute to build an elite image for the media and the fans of Manchester United in the next few years.
This image would, in addition help to take the club back to its glory days, as the British billionaire himself revealed in a recent interview with Manchester United official media, where he spoke on his personal projects as a new dirigeant for the Red Devils.
What’s this $250 million project about?
These $250 million project would take place in the next few months, when the INEOS’ board’s leader would strengthen the club’s infrastructures in the sporting field, looking forward to strengthening the club’s foundations towards the redevelopment of Old Trafford and giving pending payments for players acquired in the past transfer windows,as balancing immediate team enhancement with long-term infrastructure investment.
