INEOS Sports Considers Buying Minority Stake in Manchester United, Ending Ownership Uncertainty

British billionaire Jim Ratcliffe’s INEOS Sports is reportedly exploring the possibility of purchasing a minority stake in Manchester United, according to a report by Sky News. This move comes as an attempt to resolve the club’s ownership uncertainty, which has been ongoing for nearly ten months.

Rather than seeking full control, INEOS Sports has proposed a deal to the controlling Glazer family, which would involve acquiring portions of both their shares and the publicly traded Manchester United stock on the New York Stock Exchange in equal proportion. The Glazer family currently holds a minority stake in the club and controls it through a dual-class share structure.

While Manchester United and INEOS have not yet responded to Reuters’ requests for comment, this potential investment could bring stability to the club’s ownership situation. Ratcliffe’s INEOS Sports is known for its involvement in various sports ventures, and this move could provide Manchester United with additional resources and expertise.

As the discussions continue, fans and stakeholders eagerly await further updates on the potential partnership between INEOS Sports and Manchester United.