Sir Jim Ratcliffe increases stake in Manchester United

Sir Jim Ratcliffe has increased his stake in Manchester United, almost 12 months after his takeover was announced.

According to reports, the INEOS chief has pumped another £79m into the club, taking his stake in the Red Devils from 27.7% to 28.94%.

He has also transferred that stake from himself personally to his INEOS brand, which also looks after FC Lausanne-Sport and OGC Nice.

However, those hoping for a transfer frenzy will be disappointed, with the funds reportedly earmarked for infrastructure but will be used across the club.

📸 PAUL ELLIS - AFP or licensors