How Sir Jim Ratcliffe’s INEOS took charge of Manchester United’s football and business

  • 📰 The Athletic UK
  • ⏱ Reading Time:
  • 65 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 51%

Manchester United News

Premier League,Soccer,Sports Business

There are concerns among staff at the cutbacks instigated by INEOS but no doubts over who is now calling the shots on and off the pitch

When Sir Jim Ratcliffe’s

had bolder and broader aspirations. At an all-staff meeting at Old Trafford on January 24, interim chief executive Patrick Stewart informed employees that and if Stewart may have been reluctant to implement the pace of change his new employers truly desire. It will also be interesting to see whether Stewart actually works day-to-day until the end of the campaign, or whether he is just paid up and Blanc assumes power earlier.

now has its own man handling approvals on player trading, contract renewals and all money going in and out of the club. There does not appear to be any Glazer-appointed stopgap to intervene on behalf of the majority owners. For the Glazers, it looks a pretty sweet deal; if United return to success on the field, the value of the club rises, while if they fail, much of the blame will be targeted at Ratcliffe .

and far more to do with his relationship with Joel Glazer, which had broken down and the pair were barely on speaking terms by the end of Arnold’s reign. Arnold had previously irritated both Glazer and Ratcliffe, however, when he was among those to push back against one of the first Ratcliffe proposals to buy into the club, which would have rewarded only Class B shareholders — stock held exclusively by the Glazers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 123. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines