Sir Jim Ratcliffe £1.3billion investment in Mancester United has received from the Premier League, with the deal expected to be fully completed next week.
Ratcliffe's INEOS group completed a deal for 25 per cent of the club in December, with the British billionaire intending to take control of the club’s football operations.
The 71-year-old has now passed the Premier League's Directors' and Owners' Test, the latest step for the deal being finalised.
Man United had filed to the US Securities and Exchange Commission on Monday, which confirmed the Premier League's approval.