Seems not much of an update. Other than the headline 25% there have been no real details of what this minority stake entails, or when the deal will actually close.
It is not entirely clear what the structure of the deal will be, nor if there will be specific dates that would allow Ratcliffe to increase his shareholding. It is thought around £245m in additional funds will be made available by Ratcliffe for infrastructure works related to the stadium.