Walkers acts as Cayman Islands counsel to Manchester United on the acquisition of a minority stake by Sir Jim Ratcliffe, Chairman of INEOS

Walkers is pleased to have acted as Cayman Islands legal counsel to Manchester United plc (NYSE: MANU) in relation to a transaction pursuant to which the Chairman of INEOS, Sir Jim Ratcliffe, will acquire 25 per cent of Manchester United’s Class B shares and will initiate a tender offer for up to 25 per cent of Manchester United’s Class A shares and provide an additional $300 million intended to enable future investment into the club's infrastructure at Old Trafford.

The Walkers team was led by Corporate partner Andrew Barker and senior counsel James Murrie together with partner Rupert Bell and associate Siobhan Sheridan. Latham & Watkins LLP acted as US legal counsel to Manchester United plc.

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