Deals

Raine Earns $31.5 Million for Advising on Manchester United Deal

  • Jim Ratcliffe paying $33 a share for a 25% stake in the club
  • Raine last year picked up $65 million from advising WWE

Marcus Rashford

Photographer: Michael Regan/Getty Images
Lock
This article is for subscribers only.

Raine Group is set to collect $31.5 million in fees for its work advising English football club Manchester United Plc on bringing in a new investor.

The New York-based investment bank spent more than a year working with Manchester United’s owners, the US Glazer family, to market the club to potential buyers.