{"id":27088,"date":"2024-02-13T21:00:35","date_gmt":"2024-02-13T21:00:35","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd"},"modified":"2024-02-13T21:44:43","modified_gmt":"2024-02-13T21:44:43","slug":"english-premier-league-approves-partial-ownership-of-man-utd","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd","title":{"rendered":"English Premier League approves partial ownership of Man Utd"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>The English Premier League on Tuesday approved British billionaire Sir Jim Ratcliffe’s acquisition of 25% of Manchester United.<\/p>\n

“Sir Jim Ratcliffe\u2019s acquisition of 25 per cent of Manchester United FC, and further investment of $300 million in the club, has been approved by the Premier League Board, following the completion of the Owners\u2019 and Directors\u2019 Test (OADT),” it said in a statement.<\/p>\n

“The Board agreed to the change of the club\u2019s ownership structure last week, and this has now been officially ratified by an Independent Oversight Panel.<\/p>\n

“The Premier League\u2019s Owners\u2019 Charter has also been signed,” it added.<\/p>\n

Ratcliffe, who owns petrochemicals company, INEOS, bought a 25% stake in Manchester United in December.<\/p>\n

The deal requires approval from the English Football Association (The FA).<\/p>\n

In addition, the 71-year-old businessman previously accepted a request by the club’s board to take responsibility for managing Manchester United\u2019s football operations.<\/p>\n

Man Utd won a record 13 Premier League titles, the last in 2013, since the top-tier football division was given its current name in 1992. Before the Premier League’s inception, the club won seven First Division Championships in England.<\/p>\n

One of the UK’s richest men, Ratcliff has a $20.6 billion real-time net worth, according to Forbes.<\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. The English Premier League on Tuesday approved British billionaire Sir Jim Ratcliffe’s acquisition of 25% of Manchester United. “Sir Jim Ratcliffe\u2019s acquisition of 25 per cent of Manchester United FC, and further investment of $300 million in the club, has been approved by the Premier League Board, following the completion of the […]<\/p>\n","protected":false},"author":84,"featured_media":27087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,17],"tags":[3963,242,243,1238,233,3961,3962],"class_list":["post-27088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-sport","tag-3963","tag-africa-press","tag-africa-press-eritrea","tag-english-premier-league","tag-eritrea","tag-sir-jim-ratcliffe","tag-stake"],"yoast_head":"\nEnglish Premier League approves partial ownership of Man Utd - Eritrea<\/title>\n<meta name=\"description\" content=\"The English Premier League on Tuesday approved British billionaire Sir Jim Ratcliffe's acquisition of 25% of Manchester ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"English Premier League approves partial ownership of Man Utd\" \/>\n<meta property=\"og:description\" content=\"The English Premier League on Tuesday approved British billionaire Sir Jim Ratcliffe's acquisition of 25% of Manchester ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-13T21:00:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-13T21:44:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2024\/02\/sm_1707847951.59802.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"English Premier League approves partial ownership of Man Utd\",\"datePublished\":\"2024-02-13T21:00:35+00:00\",\"dateModified\":\"2024-02-13T21:44:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd\"},\"wordCount\":223,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2024\/02\/sm_1707847951.59802.jpg\",\"keywords\":[\"25\",\"Africa Press\",\"Africa Press-Eritrea\",\"English Premier League\",\"Eritrea\",\"Sir Jim Ratcliffe\",\"stake\"],\"articleSection\":[\"all news\",\"sport\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/english-premier-league-approves-partial-ownership-of-man-utd\",\"name\":\"English Premier League approves partial ownership of Man Utd - 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