Sir Jim Ratcliffe’s proposal for a 25 per cent stake in Manchester United is expected to be ratified imminently.
The Ineos chief, 71, will assume control of football operations and is expected to oversee a significant overhaul of the club’s off field team in order to bring in his own people. Chief executive Richard Arnold is leaving the club in December and further high-profile staff members are expected to follow him out the door.
While Ratcliffe has big plans, he is seemingly planning to run them past Old Trafford legend Sir Alex Ferguson, who could have a big say on who the British billionaire hires as the club’s new sporting director.
Despite Ratcliffe’s plans, it appears that Erik ten Hag’s role at the club is safe – even though he has overseen the club’s worst start to a season since 1962.