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Sport
Paul Myers

Nice boss Ratcliffe takes stake in Manchester United

Jim Ratcliffe Manchester United NICE English Premier League Ligue 1 Alex Ferguson Christophe Galtier Football Ineos INEOS Sport
Jim Ratcliffe, who owns the Ligue 1 club Nice, aanounced the completion of a billion-euro deal to take a 25 percent stake in the English Premier League side Manchester United. © AFP / VALERY HACHE

Nice football club owner Jim Ratcliffe on Monday took a 25 percent stake worth around a billion euros in the English Premier League outfit Manchester United.

The 71-year-old pledged to invest around 300 million euros in the club in an attempt to try to revive its fortunes.

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