The sale of Manchester United has been a complicated topic for several years. The fans of the club have been desperate for the sale of the club amidst several rumors. Finally, the fans received some much-awaited news on 24th December when the renowned British businessman, Sir Jim Ratcliffe bought a part of the club.
Sir Jim Ratcliffe has paid somewhat more than £1 billion for a stake in Manchester United. He now controls football operations and owns 25% of the team. He’s also donating a further $300 million (£237 million) to Old Trafford. United fans have reacted after this big announcement.
Manchester United to confirm sale of 25% stake to Sir Jim Ratcliffe
Ratcliffe coming in will make people pay attention to what happens with Erik ten Hag. The team has been uncertain, and there hasn’t been a plan to remove the manager. Ratcliffe will choose whether to continue supporting the Dutchman after a tough first half of the season. Manchester United is out of Europe and is in eighth place in the Premier League before the Boxing Day match against Aston Villa at home. They haven’t scored in their last four games.
Sir Dave Brailsford, the Ineos sports director, is getting ready to talk with important people at United and will make decisions afterward, including about Ten Hag. Brailsford will have a big role, but it’s not clear if he will take over from John Murtough as United’s football director. Murtaugh doesn’t want to leave and might take a different job if Brailsford replaces him. Ratcliffe’s main goal is to find a replacement for Richard Arnold, who left as the chief executive. Jean-Claude Blanc, the CEO of Ratcliffe’s Ineos Sport, is likely to take over from Arnold.
Manchester United reaches agreement for Sir Jim Ratcliffe, Chairman of INEOS, to acquire up to a 25% shareholding in the Company.#MUFC
— Manchester United (@ManUtd) December 24, 2023
“As a local boy and a lifelong supporter of the club, I am very pleased that we have been able to agree a deal with the Manchester United board that delegates us management responsibility of the football operations of the club. Whilst the commercial success of the club has ensured there have always been available funds to win trophies at the highest level, this potential has not been fully unlocked in recent times,” Ratcliffe said.
“We will bring the global knowledge, expertise, and talent from the wider Ineos Sport group to help drive further improvement at the club, while also providing funds intended to enable future investment into Old Trafford. We are here for the long term and recognize that a lot of challenges and hard work lie ahead, which we will approach with rigor, professionalism, and passion. We are committed to working with everyone at the club – the board, staff, players, and fans – to help drive the club forward. Our shared ambition is clear: we all want to see Manchester United back where we belong, at the very top of English, European and world football,” he added.
Twitter Reactions:
Manchester United 2023 has been a disgrace to the end. The timing of this is truly awful and no functioning organisation would even think about it. Anyway all the very best to Jim Radcliffe and I hope he can somehow work out a way to get the club right again and back to being…
— Gary Neville (@GNev2) December 24, 2023
“We all want to see Manchester United back where we belong, at the very top of English, European and world football” pic.twitter.com/5OFcrKlCQD
— DROLE 🇹🇷🇧🇪 (@DROLEutd) December 24, 2023
The new CEO of Manchester United Football Club: Jean-Claude Blanc.
A new dawn awaits at Old Trafford ✨ pic.twitter.com/qdann9fxDz
— centredevils. (@centredevils) December 24, 2023
Manchester United are back! pic.twitter.com/uP5sGZ2Iyi
— 🔰👹🔴The Beast Liam 🔴👹🔰 (@mufcliam7) December 24, 2023
Manchester United Investment
The Glazers Investment – $0 in 18 Years
Sir Jim Ratcliffe Initial Investment – $300m
— Suhail (@SuhailChowdhary) December 24, 2023
Doomsday for Manchester united football club https://t.co/7OT07LdHKD
— jay (@Picachu_prez) December 24, 2023
TIME TO GET EXCITED EVERYONE
ACCORDING TO @centredevils and @UTDNE0 MANCHESTER UNITED WILL SIGN KYLIAN MBAPPE AFTER THE SJR TAKEOVER HAS COMPLETED
HE HAS COMPLETED IT SO WE MUST BE GETTING MBAPPE???? pic.twitter.com/YBpacFLr8I
— GGMU (@StandardsLUHG) December 24, 2023
A lot of legalese but it sure feels like the start of a new era.
Manchester United FC will be great again ❤️https://t.co/YC5nX6a8AX
— Jimmy (@jimaids) December 24, 2023
All United fans who wanted Qatar will hopefully get behind Sir Jim and wish him success. Alternatively you could support United but want them to fail badly just so you can stay angry. It so enjoy being conflicted + the misery that brings you. Love to the #ManchesterUnited family pic.twitter.com/L7vMfVxrJj
— Cantona & Best (@bestcanton7) December 24, 2023
Ratcliffe finally got the keys to sack Ten Hag
pic.twitter.com/VUzgHnCzpM— . (@RealistGlizzy) December 24, 2023
