Sir Jim Ratcliffe has a long to-do list waiting for him at Manchester United.
Ratcliffe, founder of petrochemicals company INEOS, is buying a 25 per cent shareholding in the club for £1.3billion ($1.6bn) and there will not be a shortage of issues for the Manchester-born billionaire, who is based in Monaco, to wade through.
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Sir Jim Ratcliffe has a long to-do list waiting for him at Manchester United do Ratcliffe founder of Petro chemicals company in E oos is buying a 25% share holding in the club for 1.3 billion $1.6 billion and there will not be a shortage of issues for the Manchester
Born billionaire who is based in Monaco to Wade through we breaks down six key items for Ratcliffe and I an EOS to address the manager had this minority investment gone through last summer Eric ten hack’s future would not even have been a subject of debate the United
Manager was in a position of strength after winning the carabal CB the club’s first trophy in six years and guiding United back into the champions league but a Paul start to the season which has seen them knocked out of the champions league and caribow cup as well as being
12 points behind Premier League leaders Arsenal in eth has led to mounting speculation over his future at Old Trafford in November we reported that there was a growing feeling of unrest in the squad with some players beginning to lose belief in ten hag and his methods while the inos deal was being thrashed
Out it became apparent that United were reluctant even powerless to change course and dismiss a manager whose contract runs until the summer of 2025 I EOS has not said anything about the Dutchman’s future the executive team you would expect the exact makeup of United’s new executive team to have been
A crucial part of the discussions that took place between the Glazer family the club’s us-based majority owners and ratcliff’s team Richard Arnold United’s chief executive has already been replaced by Patrick Stewart their General Counsel on an inim basis but who will be the long-term CEO jeanclaude blank former chief executive of Italian
Club Juventus who oversees the inos sport portfolio has joined the board and is under consideration to come in as United CEO Ratcliffe wants to be in charge of sporting decisions which cast doubt on John muff’s future mtff is United football director responsible for Recruitment and he will need to convince
Ratcliffe he is the right person to continue in that role since ten Haag became their manager in the summer of 2022 United have spent more than 330 million for $100 million on signings including 100 million e87.5 million 110 M on Anthony and an initial 55 5 million on Mason Mount Paul
Mitchell formerly of Southampton Tottenham hsur Abby leig and Monaco was initially viewed as a strong candidate to lead the club’s football operations but talk about him joining the club has quietened down Mitchell is credited with signing Sun hin at Spurs and Sadi main for Southampton other names linked include
Crystal palaces Doogie fredman and Newcastle United’s Dan asworth s Dave bford I EOS director of sport and the driving force behind British cycling successes at the 2008 and 2012 Olympics will play a prominent part in the club’s hierarchy two brailsford has been actively involved in the running of nice
The French Top Flight Club owned by I and EOS since the summer of 2019 and will conduct a thorough review of United’s football operations as a member of the board the playing Squad given Ratcliffe felt confidence enough to question United signing casemiro then aged 30 from Real Madrid on a 5-year
Deal in August 2022 a transfer that will cost the club7 million if all addons are met you can be certain he has an opinion on other members of the squad two you wonder what he thinks of Jadon Sancho’s predicament the England forward cost the club 75 million in July
2021 and is now training alone after falling out with ten Haag sonko 23 hasn’t been in a United match day Squad since August Ratcliffe will have views on why United have been underperforming for the best part of a decade having not won the Premier League since the 2012-13
Season and the makeup of the playing Squad is sure ought to have been part of his evaluation United are not shy when it comes to spending money with more than1 billion going out on transfers since 2014 and there is very little to show for all that investment Ratcliffe will
Know the facts and figures behind each player and with his sporting staff at i n eoos would have analysed where improvements could be made and at what expense the debt United owe more than1 billion through a combination of gross debt their revolving credit facility and outstanding transfer payments most
People would run a mile from investing in such a business but United posted record revenues of 6484 million for the year ended June 30th although this was not enough to stop the club from recording a 28 point7 million loss it showed what could be possible with someone other than the
Glazers in total control Ratcliffe is known to be happy for the American Family to still oversee the club’s commercial department and while any sense of the glazers remaining is unpalatable for United supporters the commercial income continues to grow this income stream total £300 to9 million surpassing £300 million for the
First time and represented a 17.5% increase on the previous year United recently signed a 900 million 10-year deal with Adidas their kid supplier and qualcom will become their front of shirt sponsor from next season United who had been seeking a package worth £60 million annually have agreed a
Minimum three-year deal with the US technology company the ino’s bid has always maintained that Ratcliff will not place any debt on the club and that money if he were to go down this route would be borrowed against the petrochemicals company instead of United Old Trafford even though Old Trafford
Remains the largest Club football ground in the United Kingdom with a capacity of more than 74,000 its facilities have become dated and it lags behind other venues in the Premier League and the cross Europe the club belatedly announced in April last year that they had appointed our Architects populus and management firm
Legends International as Master planners and consultants for a revamp of the stadium which recently staged its 2,500 United home game the feasibility of several options was expl including increasing the capacity building a replacement Stadium next door to the current one and a development centered on the construction of a new main stand
That work has come to a standstill since the glazers announced their strategic review this month last year source is acting for the Qatari Bid to Buy United claimed that sheep jassim would upgrade Old Trafford and Carrington the club’s training complex while Ratcliffe had never made such commitments until now
Ratcliffe knows the stadium and training ground need to be addressed and is committing $300 million £245 million of his wealth for infrastructure upgrades United given the need to invest in the squad as well as the infrastructure you would expect more attention to be paid to how Liverpool have gone about
Redeveloping alfield at a relatively modest cost as opposed to potentially knocking Old Trafford down and starting from scratch while it has not yet been officially agreed or signed the cash injection is expected to happen and as it would come out of ratcliff’s pocket will not be added to the the club’s
Existing debts rebuilding relationships between fans and owners it is not normally the case that Minority investors throw their weight around in a public forum and dulge what is happening behind the scenes but relations between the glazers and many United supporters are broken Beyond repair and it will be
On Ratcliffe to open a dialogue with fans and explain why he has bought a 25% stake this would be even more important as the expectation is that he will take on responsibility for football operations leaving the commercial side to the glazers meaning there has to be communication from him to explain the
Decisions he’s going to be making the 71-year-old is known as a straight talker and not someone afraid to give an opinion but there is an acceptance that he will need to be respectful of the fact he’d be a minority shareholder do not expect him to come out and say the
Glazers have been terrible for the club