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Sir Ratcliffe £1.25billion buy-out of 25 per cent stake will be confirmed TODAY

  /  autty

Sir Jim Ratcliffe's £1.25billion buy-out of 25 per cent of Manchester United will be confirmed on Christmas Eve.

The INEOS petrochemicals billionaire will take charge of football operations at Old Trafford after buying a stake in the club from the Glazer family.

The official announcement of the deal has been delayed several times but confirmation is now expected before Christmas.

Related: Manchester United