How much Ineos own of Manchester United after Sir Jim Ratcliffe invests another $100million

Sir Jim Ratcliffe has increased his share in Manchester United after a further $100 million investment into the club.

The 72-year-old initially paid £1.2 billion for a 27.7 per cent stake in his club at the start of the year and committed to an investment of a further $300m as part of the takeover deal.

A filing on the US Securities and Exchange Commission has now confirmed his final $100m payment has been approved, which takes his stake in the club to 28.94 per cent. The filing also revealed ownership of the shares has been transferred from Ratcliffe to Ineos.

It is already reported by The Daily Mail the additional $100m payment will not contribute to the club's transfer budget ahead of the January transfer window, with funds likely to be limited for new head coach Ruben Amorim. Instead, the money is set to be invested in club infrastructure amid their ongoing refurbishment of the club's Carrington training complex, as well as their long-term vision to build a new stadium.

Speaking earlier in the month, Ratcliffe defended the controversial decision to rise Old Trafford ticket prices to £66 for the remainder of the season, irrespective of the person buying the ticket and where they are sat in the stadium.

"I understand that. I was brought up on a council estate in Manchester, I absolutely get that,” he told United We Stand. "I don't want to end up in a position where the genuine local fans can't afford to come, but I do want to optimise the ticketing. We need to find a balance. And you can't be popular all the time either. Here, we're talking about three per cent of the tickets. That's not the issue. The issue, as you say, is whether this is the thin edge of the wedge. I don't think it makes sense for a Manchester United ticket to cost less than a ticket to see Fulham."