Reports from Sky News suggest a potential milestone agreement between Manchester United’s American owners, the Glazer family, and British billionaire Jim Ratcliffe. The deal, set at $33 per share, signifies Ratcliffe’s acquisition of a significant 25% stake in the revered English soccer club. This impending deal, expected to be finalised imminently, marks the conclusion of Read More…
Tag: ownership
Manchester United’s CEO Richard Arnold set to depart as club nears stake sale
Manchester United’s Chief Executive Officer, Richard Arnold, is preparing to exit the club by year-end, marking a departure after a brief two-year tenure. Sources reveal this move aligns with the imminent sale of a minority share to billionaire Sir Jim Ratcliffe within the club’s ownership. According to Sky News, the official announcement of Arnold’s departure Read More…
84-year-old man decries vandalism of Lagos property amid ongoing ownership dispute
An 84-year-old man, Dr. Albert Ndulue, expressed deep concern on Monday over the “alleged vandalism” of his Lagos property despite an ongoing lawsuit contesting its ownership. During a press briefing in Lagos, Ndulue highlighted that the dispute regarding the property’s ownership, situated at Lekki, was actively under consideration at the Ajah High Court in Lagos, Read More…