Manchester United
Sir Jim Ratcliffe has already done what Glazer family haven’t during 18 years at Manchester United.
Sir Jim Ratcliffe has accomplished something that the Glazer family has not done in Manchester United’s eighteen years.Sir Jim Ratcliffe has already engaged in communication with Manchester United supporters, an action that the Glazers abstain from.
It was the ideal Christmas present for Old Trafford supporters when the confirmation of Ratcliffe’s acquisition of a minority interest was made public on Christmas Eve, following thirteen months of protracted takeover negotiations.
Ratcliffe has invested approximately £1.25 billion in the club, and INEOS will be entrusted with the oversight of football operations pertaining to the academy, men’s, and women’s teams.The 71-year-old desires to appoint some of the industry’s brightest minds to boardroom positions. United will have the greatest chance of success if it makes prudent decisions and invests prudently in the transfer market.A brighter future should be in store, but the announcement has elicited varied reactions from supporters, with some concerned that the Glazers will continue to play a role.
The Manchester United Supporters Trust relayed those concerns, and to his credit, Ratcliffe responded with a letter, which he allegedly composed without assistance from his communications team.
“I wanted to write to you at this time given the critical role of the fans to the future of Manchester United as we recognise our responsibility as custodians of the club on your behalf,” Ratcliffe stated.
“I am confident that we have the ability to supplement the club’s undeniable commercial success with sporting triumphs.”It will necessitate perseverance and time in addition to the utmost professionalism and rigor of management. We share your ambitions for Manchester United.
“Although change is inevitable and there are no certainties in sports, our collective goal is to assist Manchester United in reclaiming its rightful position at the pinnacle of English, European, and global football.”
“That responsibility is extremely serious to me.” It should be noted that the completion of the [minority takeover] deal is contingent upon the customary regulatory approval procedure. Consequently, we do not anticipate making any public statements regarding club affairs until the [minority takeover] has been finalized.
As stated in the letter, the Premier League must still approve Ratcliffe’s contract, a process that could take six to eight weeks. However, he has already begun communicating with supporters.
On the contrary, the Glazers have demonstrated a tendency to disregard their followers, uttering their thoughts only when absolutely required. That they declined to provide supporters with updates during the acquisition negotiations was to be expected.Ratcliffe’s investment is anticipated to mark the initial stage of the Glazers’ demise as majority shareholders. Having acquired a minority stake initially, the Glazers subsequently devoured the shares of John Magnier and J. P. McManus.
Although the American family has not invested anything in the club and will remain for the time being, Ratcliffe is reportedly bringing “significant individual investment” to Old Trafford for future investments, according to sources.
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