🚨 Sir Jim Ratcliffe’s message to Man Utd fans. “Our shared ambition is clear: we all want to see Manchester United back where we belong, at the very top of English, European and world football”.

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.@ineosbritannia 🤝 @_thedailymile We're proud to see plenty of happy faces this morning, as both teams joined forces to run, walk or wheel #theDailyMile at the INEOS Britannia base in Barcelona!

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Boyhood dreams sometimes do come true! 🌟 Just in: a sneak peek of our first interview with Sir Jim Ratcliffe! 🚨 #MUFC

This marks the completion of the transaction, but just the beginning of our journey to take @ManUtd back to the top of English, European and world football, with world-class facilities for our fans. Work to achieve those objectives will accelerate from today. #MUFC

The INEOS board members will be as follows. Man Utd PLC Board: John Reece, Rob Nevin Man Utd Football Club Boards: Dave Brailsford, Jean-Claude Blanc

and a further $100 million by the end of 2024. Trawlers Limited will be issued additional Class A and Class B shares at $33.00 in respect of such investment. The transaction will be fully funded by Trawlers Limited without any debt.

Trawlers Limited would own 25% of the Club following the closing of the transaction.  Sir Jim will provide a $300 million fund intended to enable future investment into the Club’s infrastructure at Old Trafford, comprising $200 million paid upon the closing of the transaction

launch, will represent 25% of the Class A ordinary shares of the Company, par value $0.0005 per share (“Class A shares”), in each case at a price of $33.00 per share in cash.  Subject to a sufficient number of Class A shares being tendered in the offer,

Transaction details Under the terms of the transaction agreements, Trawlers Limited will (i) acquire 25% of the Class B ordinary shares of the Company, par value $0.0005 per share (“Class B shares”), and (ii) initiate a tender offer to acquire up to a number of shares that, at

Executive Co-Chairmen and Directors, Avram Glazer and Joel Glazer said: "We are delighted to have agreed this deal with Sir Jim Ratcliffe and INEOS. We committed to look at a variety of alternatives to help enhance Man Utd, with a focus on delivering success for our teams".

As part of the transaction, INEOS has accepted a request by the Board to be delegated responsibility for the management of the Club’s football operations. This will include all aspects of the men's and women's football operations and Academies, alongside 2 seats on Man Utd boards

Manchester United PLC also announce that “Sir Jim Ratcliffe and INEOS group will provide an additional $300 million intended to enable future investment into Old Trafford”.

We are here for the long term and recognise that a lot of challenges and hard work lie ahead, which we will approach with rigour, professionalism and passion We are committed to working with everyone at the Club, the Board, staff, players and fans, to help drive the Club forward

"We will bring the global knowledge, expertise and talent from the wider INEOS Sport group to help drive further improvement at the Club, while also providing funds intended to enable future investment into Old Trafford”.

“Whilst the commercial success of the Club has ensured there have always been available funds to win trophies at the highest level, this potential has not been fully unlocked in recent times”.

“As a local boy and a lifelong supporter of the Club, I am very pleased that we have been able to agree a deal with the Manchester United Board that delegates us management responsibility of the football operations of the Club”. .

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Final decision simply comes down to whether the Glazers want to maintain some involvement with the club. #MUFCTakeover [@TimesSport]