Manchester United plc and Trawlers Ltd Announce the Successful Completion of Sir Jim Ratcliffe's Minority Investment

Acquisition Details - Sir Jim Ratcliffe completed the acquisition of 25% of Manchester United's Class B shares and 25% of the club's Class A shares, following approvals from the Football Association and the Premier League [1] - Trawlers Limited, owned by Sir Jim Ratcliffe, accepted 13,237,834 Class A shares at $33.00 per share, representing 25$200 million into Manchester United for additional Class A and Class B shares, resulting in ownership of approximately 27.7% of both share classes [2] - A further $100 million is to be invested by 31 December 2024, aimed at future infrastructure investment at Old Trafford [2] Strategic Vision - Sir Jim Ratcliffe emphasized the responsibility and honor of becoming co-owner, with a focus on returning Manchester United to the top of football globally, including world-class facilities for fans [2] - Joel Glazer welcomed Sir Jim as co-owner and expressed anticipation for collaboration with INEOS Sport to deliver a bright future for the club [2] Company Overview - Manchester United is one of the most popular and successful sports teams globally, with a 146-year heritage and 67 trophies [3] - The club has a global community of 1.1 billion fans and followers, generating significant revenue from sponsorship, merchandising, licensing, broadcasting, and matchday initiatives [3] - The revenue streams enable continuous reinvestment in the club [3]