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Ratcliffe, The ‘Winner of the Take over War'

04 december 2023

Ratcliffe, The ‘Winner of the Take over War'

Ratcliffe, the ‘winner of the takeover war’ who wants to run the Manchester United squad… Pay attention to greetings



As Jim Ratcliffe, founder of global chemical group Ineos, has emerged as the final winner of the battle to acquire Manchester United (Manchester United, England), a prestigious English professional soccer club, local media outlets are rushing to predict changes that will come to the club.

Taken together, it is expected that the club will be reorganized in a way that billionaire Ratcliffe will have decision-making authority related to 'football'. 바카라사이트

According to the British daily The Times on the 16th (local time), the club's board of directors reached an agreement for Ratcliffe to purchase a 25% stake from the American sports conglomerate Glazer family for 1.35 billion pounds (about 2.2327 trillion won). Final approval is expected to be given on the 19th.

A consortium led by Sheikh Jassim bin Hamad Al Thani, Chairman of Qatar Islamic Bank (QIB), who wanted to purchase 100% of the shares, recently withdrew from the takeover battle and Ratcliffe became a co-owner of the team.

According to the BBC, Qatari capital proposed a large sum of over 5 billion pounds (approximately 8.236 trillion won), but reportedly withdrew after determining that the Glazer family had no intention of completely handing over its stake.

It will take another eight weeks for  Jim Ratcliffe to receive an official position from the board of directors, but since he actively wants to run the 'sports field', there is a possibility that his authority and areas of responsibility will be confirmed quickly.

Local media, including the Telegraph, predict that the club will be reorganized in such a way that Ratcliffe, known as a long-time Manchester United fan, will oversee sports-related activities such as player recruitment and manager selection, while the Glazer family will still be responsible for the remaining commercial operations.

Jean-Claude Blanc, former CEO of Paris Saint-Germain (France), and Michael Edwards, former sporting director of Liverpool (England), who is said to have led the establishment of the Jurgen Klopp system from the 2015-2016 season, could take their positions.

The newspaper looked ahead.

The reason why the personnel of the club's leadership is attracting attention is related to Manchester United's poor performance in the 2023-2024 season.

After making decisions such as appointing coach Eric Tenhag and releasing superstar Cristiano Ronaldo (Al-Nasr), Manchester United, which finished the 2022-2023 season in 3rd place, fell to 10th place (4 wins, 4 losses) at the beginning of the new season.

In the UEFA Champions League (UCL), a red light was turned on as they lost both the first and second matches of Group A of the group stage.

They lost 3-4 to Bayern Munich (Germany), where Kim Min-jae plays, and 2-3 to Galatasaray (Turkiye).

As the Glazer family put the club on the market, the team was in turmoil over a possible acquisition, and criticism continued in the transfer market that they were unable to recruit the players they needed right away due to a lack of funds and negotiating power.

In particular, Andre Onana, who was ambitiously brought in from Inter Milan (Serie A) with a transfer fee of 47.2 million pounds (approximately 77.7 billion won), is performing poorly, deepening concerns over the goalkeeper position.