Sir Jim Ratcliffe increases stake in Manchester United despite conflict with supporters
The IndependentSign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sir Jim Ratcliffe has increased his stake in Manchester United to nearly 29 per cent after completing the cash injection promised when purchasing his minority stake in the Premier League club. open image in gallery Sir Jim Ratcliffe now owns 28.94 per cent of Manchester United The £79.3m injection is part of the commitment to helping to turn the club around and it is for infrastructure investment rather than bolstering January transfer funds. open image in gallery Manchester United won the FA Cup shortly after Sir Jim Ratcliffe’s arrival Around 250 members of staff have left and Sir Alex Ferguson’s ambassadorial role is ending among ongoing cost-cutting measures, while recently announced ticket price rises have sparked anger. If you shy away from the difficult decisions then nothing much is going to change Sir Jim Ratcliffe He recently told the United We Stand fanzine that they “need to sweat every pound” and said “To get Manchester United to where we need to get it — it’s a bit like the country, we have to make some difficult and unpopular decisions.