Latest on man utd takeover
Sir Jim Ratcliffe has agreed to take a 25 per cent stake in Manchester United. It is not only the Qatari-backed takeover bid for Manchester United that had been generating controversy. Multi-club ownership has been thrust into the limelight with Jim Ratcliffe, who owns Nice, and his fresh attempts to acquire Manchester United. Has latest on man utd takeover dangerous can of worms been opened and is there a scenario where four or five major conglomerates end up owning all of football?
Please use Chrome browser for a more accessible video player. Sir Jim Ratcliffe has acquired 25 per cent of Manchester United and taken control of football operations. An announcement finally came on Christmas Eve, bringing an end to 13 months of talks about a potential takeover of the Old Trafford club. The deal, which comes amid a torrid season for United on the pitch, is still to be approved by the Premier League - a process expected to take between six and eight weeks. There is no formal agreement for Ratcliffe to buy any of the Glazers' shares in the future but the Ineos chairman has the right of first refusal on any they sell in the future. Through Ratcliffe's INEOS Sport, United said they "will have access to seasoned high-performance professionals, experienced in creating and leading elite teams from both inside and outside the game".
Latest on man utd takeover
By Harry Bamforth. Follow Mail Sport's live blog as we provide you with the latest and breaking news on Sir Jim Ratcliffe 's Manchester United takeover as he finally get green light to become owner of 25 percent of the club. It's been a huge 24 hours at Manchester United, a new era has begun, and Sir Jim Ratcliffe has now had his say. After everything Gary Neville has said over the last few years about Manchester United, he may be brought in to oversee some change at the club. According to reports, Neville has been invited to a special committee that will help oversee the regeneration project of the area around Old Trafford. We know that there are many changes ahead for Manchester United, they are already trying to bring in a sporting director Dan Ashworth. Now that Thomas Tuchel is available, is Erik ten Hag under increasing pressure, or have recent results eased that? While other people were going for the ownership, Qatari businessman Sheikh Jassim was Ratcliffe's closest rival, but he defeated him. He has now since jokingly stated he is 'not sure' if Jassim is even real. Sir Jim Ratcliffe is not impressed with Man United's current structure, which isn't a surprise. He believes that their current structure is not set up to help them achieve success, and you can tell from his early days at the club that he is keen to change that.
Since the big news, Ratcliffe has spoken to the press giving his views on several matters at the Red Devils. And it was quite a wait. Yet Ratcliffe is only pursuing 25 per cent of United.
Bringing you all the latest Manchester United takeover news as it happens. The Glazers are heavily linked with selling Manchester United at long last after their unwanted acquisition of the club back in And it was quite a wait. Would-be bidders …. Sir Jim Ratcliffe has had a good week at Manchester United with a double approval for his investment in Manchester United. It was back on ….
Please use Chrome browser for a more accessible video player. Sheikh Jassim still wants to complete a takeover of Manchester United and is committed to his bid, despite Sir Jim Ratcliffe considering acquiring a minority stake. Sheikh Jassim is committed to his per cent bid, and does not believe United require a new shareholder. As far as the Qataris are concerned, a new minority shareholder could lead to more fragmented decision making, and are convinced their offer would ensure the Glazers receive a premium price against what the club is worth. The Glazers announced a strategic review in November last year which they said could lead to a sale. United chief executive Richard Arnold confirmed in a staff meeting in September that the process was ongoing. Sheikh Jassim is standing firm over his bid, but Ratcliffe, the petrochemicals billionaire, is contemplating buying a minority stake in Manchester United rather than seeking full control, in an effort to end a nearly 10 month-long process to resolve the club's future ownership.
Latest on man utd takeover
Transfer Centre. Plus: Man Utd boss Erik ten Hag has made an "express request" to club chiefs to sign Fiorentina midfielder Sofyan Amrabat; Arsenal striker Folarin Balogun is keen on a move across London to join Chelsea; Tottenham are considering offers for defender Eric Dier amid interest from Fulham. Please use Chrome browser for a more accessible video player. Liverpool are reportedly considering a shock move for Manchester City outsider Kalvin Phillips after missing out on other targets. Insiders at Chelsea are said to be "disappointed and frustrated" that the club allows young talent like Lewis Hall leave for other Premier League clubs while "disappointing" signings remain at the club.
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The pair are to join the United board as part of the deal. 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. On the pitch, United have lost 13 matches in all competitions this season. Big changes are coming! It will take some doing to get back to the top, but it will be interesting to see if, with the backing of Sir Jim Ratcliffe, they can manage it. Get breaking Man Utd takeover news and sale rumours, after the Glazers announced in November they are considering selling the club. Sir Jim Ratcliffe has already tried to make an instant impact at United. The Peoples Person 6d. The defeat at West Ham on Saturday left the club facing an uphill struggle to qualify for next season's Champions League. They must all feel, not undermined, they must all feel like 'let me get out of here quick'. Emails, which may be sent daily or less frequently, may include marketing elements. Timeline of Man Utd takeover process. He is a lifelong Manchester United fan who sold Golden Goal tickets as a teenager at Hull City, considered buying Chelsea or Newcastle United among other Premier League clubs a few years ago but bought Nice of the French top flight instead, and then tried to buy Chelsea again. Manchester Evening News 6d.
Please use Chrome browser for a more accessible video player. Sir Jim Ratcliffe has acquired 25 per cent of Manchester United and taken control of football operations.
Privacy Policy Feedback. Can you imagine how they must feel? There is no formal, pre-arranged mechanism by which Ratcliffe can buy out the siblings at a later date. Twitter This content is provided by Twitter , which may be using cookies and other technologies. Ratcliffe: We will bring the global knowledge, expertise and talent. In the last month. Bringing you all the latest Manchester United takeover news as it happens. Feb 21, It was back on …. It looks as the Mason Greenwood could play in the red of Manchester United again after Sir Jim Ratcliffe has stated he is open to the return of the on-loan Getafe striker. Sir Jim Ratcliffe has already tried to make an instant impact at United. Timeline of Man Utd takeover process. The Glazers are heavily linked with selling Manchester United at long last after their unwanted acquisition of the club back in But it can't hide in the shadows any more Three cheers for Jesse!
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