INEOS have officially completed a major takeover, with the announcement coming amid mounting pressure on Sir Jim Ratcliffe and the Glazer family at Manchester United.

United’s ownership has faced unprecedented hostility in recent weeks, with supporters increasingly demanding wholesale change at Old Trafford.

The Glazers have been deeply unpopular since their controversial £790 million leveraged takeover in 2005, which burdened the club with enormous debt.

Ratcliffe’s arrival initially offered renewed optimism, but INEOS has since faced criticism over widespread redundancies, controversial cost-cutting measures, rising ticket prices and disappointing performances.

That anger was evident during the humiliating 3-0 defeat against Bournemouth, when supporters demanded that the owners “sell the club and f*** off home”.

Even Tuesday’s remarkable 3-2 Champions League comeback against AS Roma failed to silence the protests.

Supporters released green-and-gold balloons before kick-off, while tennis balls thrown onto the pitch briefly interrupted proceedings.

Chants against the Glazers, Ratcliffe and senior United executives also echoed around Old Trafford.

Ratcliffe initially acquired a 25% stake in United in February 2024, with INEOS taking control of football operations.

That holding has since increased to approximately 28.94%, although the Glazers retain majority ownership.

Recent financial disclosures have also identified 2029 as a potential opportunity for INEOS to pursue a buyout of the Americans.

Now, the company has officially confirmed the completion of a takeover securing full ownership of a separate business.

INEOS officially complete takeover

According to an official announcement from INEOS on 3 November, its INOVYN division completed the acquisition of Vynova Runcorn Limited’s remaining 50% shareholding in Runcorn MCP Limited.

The transaction, finalised on 30 October, gives INEOS full ownership of the business, including assets and employees associated with ethylene dichloride production.

The acquisition safeguards the UK’s last remaining production facility for the chemical, which is essential for manufacturing PVC.

INEOS confirmed that the agreement strengthens the site’s long-term future, protecting skilled jobs and securing supplies for vital British industries.