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Sir Jim Ratcliffe 'to commit £245m to improve Man United's ageing infrastructure', with the billionaire 'set to hand over the majority of the investment before the end of the year'

Related Topics: Jim Ratcliffe

Sir Jim Ratcliffe will reportedly pledge to invest $300m (£245m) to improve Manchester United's ageing infrastructure as he prepares to take a 25 per cent stake in the club.

Mail Sport revealed last month that Ratcliffe had agreed to take a minority stake at Old Trafford after Qatari businessman Sheikh Jassim bin Hamad al-Thani pulled out of the race to buy the club.

Despite the Glazer family still remaining in majority control at United, Ratcliffe is expected to take a hand-on approach to the day-to-day running of the club.

He has set his sights on improving United's infrastructure, and the billionaire will unveil plans to spend £245m on fixing the matter later this month, according to Sky News.