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Manchester United's latest financial documents have revealed a possible route that would allow British billionaire Jim Ratcliffe and the Ineos Group to acquire control of the Glazer family from 2029. Although Inaus currently owns approximately 28.9% of the club's shares, the restrictions imposed due to historic debt resulting from the purchase of the Glazer family in 2005 limit Manchester United's ability to increase loans to finance major projects. The plan includes the establishment of an independent body to manage and own the new stadium and surrounding land, which will give the club greater flexibility in raising the necessary funding for the project, which costs between two and three billion pounds. According to the "Telegraph" newspaper, getting rid of the historic debts associated with the Glazer's purchase of the club may significantly increase Manchester United's borrowing capacity, from about 295 million pounds today to up to 1.6 billion pounds, which will provide additional resources to finance the new stadium.

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Asharq Bloomberg · · Source

🇬🇧 UK · מנצ'סטר · Map

Manchester United's latest financial documents have revealed a possible route that would allow British billionaire Jim Ratcliffe and the Ineos Group to acquire control of the Glazer family from 2029. Although Inaus currently owns approximately 28.9% of the club's shares, the restrictions imposed due to historic debt resulting from the purchase of the Glazer family in 2005 limit Manchester United's ability to increase loans to finance major projects. The plan includes the establishment of an independent body to manage and own the new stadium and surrounding land, which will give the club greater flexibility in raising the necessary funding for the project, which costs between two and three billion pounds. According to the "Telegraph" newspaper, getting rid of the historic debts associated with the Glazer's purchase of the club may significantly increase Manchester United's borrowing capacity, from about 295 million pounds today to up to 1.6 billion pounds, which will provide additional resources to finance the new stadium.

Manchester United's latest financial documents have revealed a possible route that would allow British billionaire Jim Ratcliffe and the Ineos Group to acquire control of the Glazer family from 2029. Although Inaus currently owns approximately 28.9% of the club's shares, the restrictions imposed due to historic debt resulting from the purchase of the Glazer family in 2005 limit Manchester United's ability to increase loans to finance major projects. The plan includes the establishment of an independent body to manage and own the new stadium and surrounding land, which will give the club greater flexibility in raising the necessary funding for the project, which costs between two and three billion pounds. According to the "Telegraph" newspaper, getting rid of the historic debts associated with the Glazer's purchase of the club may significantly increase Manchester United's borrowing capacity, from about 295 million pounds today to up to 1.6 billion pounds, which will provide additional resources to finance the new stadium.

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