MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), and Trawlers Limited, an entity wholly-owned by Sir Jim Ratcliffe, are pleased to confirm that Sir Jim Ratcliffe has completed his acquisition of 25% of the club’s Class B shares and 25% of the club’s Class A shares, following the satisfaction of all conditions, including approvals from the Football Association and the Premier League. The tender offer (the “Offer”) by Trawlers Limited for up to 25% of the Class A shares, at a price ...

Manchester United has clinched approval from the Football Association for British billionaire Sir Jim Ratcliffe’s acquisition of a 25% minority stake in the iconic English club, although its shares tumbled in premarket trades Thursday. Shares of operator Manchester United Ltd. MANU fell 15.6%, putting the stock on pace to snap a two-day winning streak. A... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe N ...

Manchester United (MANU) shares ended the last trading session 8.7% higher at $21.31. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.6% loss over the past four weeks.Manchester United's shares rose as James A. Ratcliffe, Chairman of INEOS, prolonged the deadline for his tender offer to buy up to 13.2 million Class A ordinary shares of the club. Originally scheduled to end on Feb 13, 2024, the offer has now been ...

FORT ANNE, Isle of Man--(BUSINESS WIRE)--On February 12, 2024, Trawlers Limited (“Purchaser”), a company limited by shares incorporated under the laws of the Isle of Man and wholly owned by James A. Ratcliffe, a natural person (an “Offeror” and together with the Purchaser, the “Offerors”) announced that the Offerors have extended the expiration date of their previously announced tender offer (the “Offer”) to purchase up to 13,237,834 Class A ordinary shares, par value $0.0005 per share (“Class A Shares”), o ...

About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...

Manchester United’s stock climbed Tuesday as the Premier League approved British billionaire Jim Ratcliffe’s acquisition of a 25% minority stake in the iconic English club.Shares of operator Manchester United Ltd. MANU, +7.83% rose 7.5%, while the S&P 500 index SPX declined 1%. The stock is on pace for its largest daily percent increase since Nov. 17, 2023, when it rose 7.87%, Dow Jones Market Data show.Ratcliffe, the chief executive of the chemical giant Ineos, reached an agreement to buy 25% of the club f ...

Manchester United plc (MANU) has chosen SCAYLE to be its official e-commerce platform partner, which is expected to launch later this year.The company entered into this partnership hoping to house the most modern e-commerce platform in the industry, which is subject to continuous enhancements post launch. The ongoing evolution of the new platform aligns with the company’s goal of offering a top-tier direct-to-consumer experience for its global fan base.Moreover, in consideration of its fans’ satisfactory el ...

MANCHESTER, England--(BUSINESS WIRE)--Manchester United has today announced it has chosen SCAYLE as its official e-commerce platform partner, ensuring United has one of the most modern commerce platforms in the industry. The club’s new e-commerce experience will launch later this year and continue to be evolved in alignment with the club’s ambition of delivering a best in class direct-to-consumer experience for its global fan base. SCAYLE is one of the fastest-growing enterprise e-commerce platforms in t ...

MANCHESTER, England--(BUSINESS WIRE)--Manchester United (NYSE: MANU; the “Company” and the “Group”) – one of the most popular and successful sports teams in the world – is pleased to announce the appointment of Omar Berrada as its new Chief Executive Officer. The Club is determined to put football and performance on the pitch back at the heart of everything we do. Omar’s appointment represents the first step on this journey. As one of the most experienced football executives at the top of European footbal ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...