Monday briefing: Ratcliffe ready to invest £245 million to upgrade Manchester United infrastructure

Sir Jim Ratcliffe will reportedly commit £245 million of his own personal wealth to upgrading Old Trafford and other club infrastructure when he completes his deal to buy 25 per cent of Manchester United.

As reported by The Athletic, the British billionaire’s investment would come out of his own pocket and would not add to United’s existing debt, which currently stands at £507.3 million. It has not yet been officially agreed or signed but the cash injection is expected to happen.