Since the American owners need the investment and started a strategic review last November, the current discussions with the Glazer family do not appear to be jeopardising the deal at this time.
Sir Jim Ratcliffe has a lot of work ahead of him at Manchester United, according to Paul Scholes, who has identified the stadium, the training facility, and the playing roster as areas that require improvement.
Ratcliffe appears to be planning to purchase a 25% share in United. Sheikh Jassim bin Hamad Al-Thani withdrew from the bidding process earlier this month, leaving the INEOS founder and petrochemicals mogul as the only bidder.
Ratcliffe is apparently going to take over football operations, but the Glazers will still enjoy a large share of authority at Old Trafford. Having taken over French side OGC Nice in 2019, he hopes to contribute his knowledge and experience to the position.
Before United’s Champions League matchup with FC Copenhagen, Scholes said to TNT Sports, “He’s got a lot to do at this football club.” “This is a world-class football team in my opinion, but they don’t act or behave like it.
Meanwhile, insider sources tell the Independent that if the Glazer family does not satisfy Sir Jim Ratcliffe’s demands, he may back out of a £1.4 billion purchase for a 25% share in Manchester United.
