Tag

Sir Jim Ratcliffe

All articles tagged with #sir jim ratcliffe

sport3 hours ago•1 min saved

Ratcliffe backs Carrick as interim United coach amid Champions League push

Sir Jim Ratcliffe praised Michael Carrick’s work as Manchester United’s interim head coach and declined to discuss a long-term appointment. United sit third with nine league games left and are aiming for Champions League qualification, which would boost Carrick’s case to stay beyond this season. Ratcliffe stressed the club must get the next appointment right after upheavals in recent years, including Erik ten Hag’s contract renewal followed by his sacking and Rui Amorim’s brief tenure and dismissal earlier this season.

via BBC|

#champions-league #manchester-united #michael-carrick

sports2 years ago•6 min saved

"Billionaire's Plan to Revamp Old Trafford Sparks Government Reaction and Champions League Talks"

Sir Jim Ratcliffe, who recently acquired 27.7% of Manchester United, suggested seeking public funding for the potential renovation or construction of a new stadium, citing it as a catalyst for the regeneration of southern Manchester. However, his residency in a tax haven raised questions about his proposal to use public money for the project. The article argues against using public funds for the stadium, highlighting examples from the US where public subsidies for stadiums have not yielded the promised economic benefits. It questions the justification of committing public money to spruce up a football club's stadium when basic services are affected, especially considering Manchester United's substantial revenue and the owner's personal wealth.

via The Athletic|

#manchester-united #public-funding #regeneration

sports2 years ago•31 min saved

"Sir Jim Ratcliffe's Pledge to Overthrow Manchester City and Liverpool at Manchester United"

Sir Jim Ratcliffe, the British billionaire and owner of INEOS, has acquired a 27.7% stake in Manchester United for over $1.3 billion, aiming to restore the club to its former glory and compete at the top of English and European football. Ratcliffe discussed his ambitions, including plans for the club's sporting operation, potential redevelopment of Old Trafford, and the need for patience from fans, emphasizing that success will take time. He also addressed the challenges of securing the stake, the influence of INEOS, and the potential recruitment of Newcastle's sporting director, Dan Ashworth.

via The Athletic|

#ineos #manchester-united #mason-greenwood

sports2 years ago•8 min saved

"Ratcliffe's 3-Year Plan: How Man United Will Dethrone City and Liverpool"

Sir Jim Ratcliffe's Ineos group has taken control of all football operations at Manchester United, facing the task of reviving the club's competitiveness in the Premier League and Champions League. Key issues include improving recruitment, deciding on the future of manager Erik ten Hag, building a trusted management structure, restoring Old Trafford, and navigating fan opposition to the Glazers while aiming to bring back the club's winning tradition.

via ESPN|

#erik-ten-hag #manchester-united #old-trafford

sports2 years ago•3 min saved

"INEOS' Sir Jim Ratcliffe Completes £1.25bn Deal for 27.7% Stake in Manchester United"

Sir Jim Ratcliffe and INEOS have completed the purchase of a minority stake in Manchester United, with Ratcliffe taking a 27.7% ownership of the club's shares. The deal, valued at $1.3 billion, includes a $300 million commitment from Ratcliffe for future investment in the club, particularly for infrastructure enhancements at Old Trafford. The new ownership has already initiated changes, including the appointment of a new chief executive and the pursuit of a sporting director. Ratcliffe aims to take Manchester United back to the top of English, European, and world football, with a focus on creating winning teams on the field.

via The Athletic|

#ineos #investment #manchester-united

sports3 years ago•7 min saved

Manchester United takeover saga: Billionaires battle for ownership.

The potential sale of Manchester United has become a public pantomime due to the Glazer family's desire for top dollar for their asset, despite the discrepancy between any logical valuation of United and their presumed price tag. The Glazers need an auction to bridge the gap, and Raine, the merchant bank handling the process, is involved in creating a sense of urgency and competition. Sheikh Jassim and Sir Jim Ratcliffe have both submitted bids, but the deadline was extended due to Ratcliffe's request for more time. The poker will continue until the Glazers sell or definitively stay.

via The Athletic|

#glazer-family #manchester-united #sheikh-jassim-bin-hamad-al-thani

sports3 years ago•1 min saved

Manchester United takeover bids extended with potential for Glazer family involvement.

The deadline for the second round of bids for Manchester United has been extended, giving Sheikh Jassim Bin Hamad Al Thani and Sir Jim Ratcliffe more time to submit offers. The Qatari royal and the owner of petrochemicals giant INEOS are the only two bidders to have gone public with their interest in purchasing the club. Multiple other proposals for investments have been tabled before the deadline. The Glazer family, who confirmed they were open to selling United in November, have been offered financing by US hedge fund Elliott Investment Management in the event that they do not sell the club.

via The Athletic|

#glazer-family #manchester-united #sheikh-jassim-bin-hamad-al-thani