LONDON: Jim Ratcliffe has increased his stake in Manchester United to nearly 29 percent after completing the cash injection he promised when purchasing a minority share of the Premier League club.
On Christmas Eve last year it was announced the British billionaire businessman, the chairman of chemicals company INEOS, had agreed a deal to buy 25 percent of the club, including investing a further $300 million (£238 million) into infrastructure on top of his $1.3billion purchase price.
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