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Sir Jim Ratcliffe's £1.25 billion ($1.57bn) investment in Manchester United will be confirmed next week and could be finalised as early as Monday, a source familiar with the sale process has told ESPN.
Ratcliffe, Britain's second-richest person with a net worth estimated at £29.6bn by the 2023 Sunday Times Rich List, has negotiated a deal to acquire 25% of United from the Glazer family, the Premier League club's American owners.
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While Glazer siblings Bryan, Edward, Kevin and Darcie -- all listed as United directors -- are expected to vastly reduce their shareholding as part of the sale, Old Trafford co-chairmen Avram and Joel Glazer will retain an involvement and the club will continue to be majority-owned by the Glazers.