Official: Manchester United confirm Sir Jim Ratcliffe’s 27.7% minority acquisition

Manchester United have officially received confirmation of Sir Jim Ratcliffe’s 27.7% acquisition of the club. The new minority owner is expected to bring with him a number of changes including the senior management of the club. His arrival has been reported as the first stage of a slow and steady phasing out of the Glazers over the coming years. 

Ratcliffe has claimed to be a Manchester United fan for a long time, and as Britain’s richest man, he will be able to provide a significant amount of resources to try and restore the club to their former glory. 

Sir Jim Ratcliffe officially acquires minority stake in Manchester United 

ERTTYRNIBRIYTHBZQ3LK3D72OY Official: Manchester United confirm Sir Jim Ratcliffe's 27.7% minority acquisition
FILE PHOTO: Soccer Football – Ligue 1 – OGC Nice v AS Monaco – Allianz Riviera, Nice, France – September 19, 2021 OGC Nice owner Jim Ratcliffe, whose INEOS company have entered the bidding process to buy Manchester United, before the match REUTERS/Eric Gaillard

“We have to look at the organisation of the club, because it is not good at the moment,” Sir Jim Ratcliffe told the Belgian newspaper De Tijd. “Take the head coach [Erik ten Hag] for example: he must report directly to the CEO. That is no longer possible in a modern football organisation.

“We then have to ensure that the right people end up in the right positions. Every person in management must be world-class. And then it is important to create a positive, supportive, friendly and high-quality environment. That culture was missing before. Only in such an environment can you get the best out of sportsmen. If successful, the results will follow automatically. That’s the plan and I believe in it.”

Erik Ten Hag’s season has been rather shaky, with the club only recently showing signs of improvement. They are currently sixth in the table, but are out of the Champions League and the EFL Cup. However, they are still competing in the FA Cup and have a fifth round fixture against Nottingham Forest coming up. 

Sir Jim Ratcliffe
Via X

Sir Jim Ratcliffe’s arrival has already started having implications behind the scenes. Newcastle United’s director Dan Ashworth is already set to make the move to the club, while Chelsea data analyst Kyle Macaulay has also been shortlisted by the club as a potential recruit.

It now remains to be seen whether United can regain their status as one of the best clubs in the world, or whether they will continue to stay a level behind. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Manchester United’s Amad Diallo Faces Lengthy Spell on Sidelines with Ankle Ligament Injury

Manchester United’s Amad Diallo Faces Lengthy Spell on Sidelines...

Manchester United have suffered a major setback as winger Amad Diallo sustained an ankle ligament injury during...
Antony’s Spanish Revival: Manchester United Loanee Shines Again for Real Betis

Antony’s Spanish Revival: Manchester United Loanee Shines Again for...

Antony has wasted no time making an impact at Real Betis, continuing his electrifying form with another...
Jadon Sancho’s Instagram Comment for Rashford Sparks Manchester United Fan Outrage

Jadon Sancho’s Instagram Comment for Rashford Sparks Manchester United...

Manchester United have endured their fair share of poor transfer decisions, but parting ways with Jadon Sancho...
Top 10 Transfers of the Winter Transfer Window

Top 10 Transfers of the Winter Transfer Window

As the winter transfer window for the 2024-25 season officially closes, numerous moves have reshaped squads across...
Manchester United Suffer Major Setback with Lisandro Martinez Injury: Potential Six-Month Absence Looms

Manchester United Suffer Major Setback with Lisandro Martinez Injury:...

Lisandro Martinez, a key figure in Manchester United's defense, faces a potentially long-term absence due to a...

LATEST NEWS

Samantha Ruth Prabhu: A Regal Celebration of 15 Years in Indian Cinema

Samantha Ruth Prabhu, a name synonymous with elegance and talent in the Indian film industry, recently marked a significant milestone—15 glorious years in cinema....

Mira Kapoor: Where Comfort Meets Couture – A Fashion Manifesto

In the grand theater of fashion, some performers don’t just wear clothes – they tell stories. Mira Kapoor is one such storyteller, a maestro...

Oscars 2025: From Cynthia Erivo to Kylie Jenner Most Stunning Red Carpet Fashion Moments Revealed

The 97th Academy Awards or Oscars 2025 transformed the red carpet into a canvas of artistic expression, where fashion became more than clothing –...

XMG NEO 16 Pre-Orders: Ryzen 9 9955HX3D, RTX 5090 Powerhouse

Gaming enthusiasts, get ready! XMG has officially opened pre-orders for its latest NEO 16 gaming laptop, featuring cutting-edge Intel and AMD processors, including the...

Featured