Manchester United: announcement imminent for Sir Jim Ratcliffe deal to buy 25% stake
Автор: Football News Center
Загружено: 2023-12-24
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British billionaire Sir Jim Ratcliffe is expected to announce his purchase of a 25% stake in Manchester United on Sunday. The deal, worth around £1.25 billion, will give Ratcliffe control over the club's football operations. One of his first priorities may be to replace Richard Arnold, who recently departed as chief executive. Jean-Claude Blanc, CEO of Ratcliffe's Ineos Sport, is a frontrunner to take over Arnold's position. There is also speculation that Sir Dave Brailsford, Ineos sporting director, could play a prominent role, potentially replacing John Murtough as United's football director. Ratcliffe had initially aimed to buy a majority stake in the club from the Glazer family but settled for a 25% holding. Ratcliffe's deal was made possible after Qatar's Sheikh Jassim bin Hamad al-Thani withdrew his £5 billion offer for United. Ratcliffe currently owns football clubs Nice and Lausanne, as well as the Ineos Grenadiers cycling team and a sailing team.
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