Mark Kleinman has spoken.
Deal will be finalised this month.
300m for infrastructure.
I think we can now rest knowing where the club is going.
- Sources said on Friday that the £245m investment would be staggered, with the bulk of it being handed to the club by the end of the year.
- They added that it would be financed by Sir Jim personally and would not add to Manchester United's existing borrowings.
- Adding together the cost of the stock purchase and the other capital for investment means that Sir Jim will be committing about £1.5bn on day one of his United interest, although that figure could vary depending on the price he ultimately pays for the shares.
- The deal is expected to be announced within a fortnight, although negotiations between Sir Jim's team and the Glazers are ongoing, meaning that the timetable for an announcement remains subject to change.
- One source close to the talks said the additional $300m investment would be focused on United's physical infrastructure, and not on addressing deficiencies on the playing side of the club.