SUMMARY
- Ratcliffe wants to create a winning atmosphere around the club and bring sustained success to Old Trafford.
- Sir Jim Ratcliffe invested $1.3 billion to buy a 25 percent minority stake in the Premier League club.
Manchester United’s fall from grace is one of soccer’s saddest things. What once was a contender for European title is now fighting mid-table mediocrity. The club’s internal feuds have complicated the performances on the pitch. The players look demoralized, and the club has formed a habit of blaming just the manager for its depleted stature in soccer. At a time like this, the coming in of Sir Jim Ratcliffe is a relief for the United fans.
The British billionaire looks very ambitious to regain the record Premier League Champions their long-lost glory. Ratcliffe wants to create a winning atmosphere around the club and bring sustained success to Old Trafford.
🎙️| Sir Jim Ratcliffe told staff at Old Trafford he’s not here just to make money.
“We want to take Manchester United to the top of world football again, where we belong.
“If we get the right people in place and the football on the pitch right the money will follow naturally.”… pic.twitter.com/Cf50CLQOxe
— ManUtdReports (@ManUtdReports) January 5, 2024
Sir Jim Ratcliffe invested $1.3 billion to buy a 25 percent minority stake in the Premier League club. But, according to the 71-year-old, his commercial motives cannot be ahead of the club’s success on the pitch. To the extent that Ratcliffe isn’t wary of making any returns on his billion-dollar investment.
According to The Athletic, the 70-year-old has reportedly said that he doesn’t care about the money. His success in the club would be measured by the number of silverware won. Ratcliffe has also pledged a further $300 million to redevelop the Old Trafford Stadium and the United training center at Carrington.
Sir Jim Ratcliffe has insisted that United’s poor soccer records since the post-Sir Alex Ferguson era have nothing to do with the club’s budget. Figures reveal that ‘The Red Devils’ have similar budgets to some of the European title-winning teams in recent years. Hence, the problems at the club would have to be properly assessed after the Premier League authorities ratify the INEOS group’s investment.
Sir Jim Ratcliffe speaks to the Manchester United employees
The 70-year-old has shown readiness and enthusiasm after purchasing stakes in the 3 time UEFA Champions League team. Ratcliffe allegedly addressed an audience of employees at an Old Trafford lounge that left the employees impressed. The Manchester United staff acknowledged the billionaire’s ‘straight-talking’ and ‘honesty’ about the club’s long persisting issues.
These on-field as well as off-field issues have cost the club a lot, and the majority shareholders, The Glazers haven’t paid any heed to it. Joel Glazer has never addressed the United employees like Sir Jim, since his family took over the club in 2005.
Sir Dave Brailsford is a part of the INEOS group working in the capacity of a Director of Sports. He is also conducting an audit of United’s personnel and structure. Sir Jim and Sir Dave even met the first team coach Erik ten Hag and conveyed their ambition and plans for the club.
Sir Jim Ratcliffe and Dave Brailsford watching Man Utd players training at Carrington yesterday. đź‘€ pic.twitter.com/xkLbhRW5lU
— UF (@UtdFaithfuls) January 5, 2024
The Dutch tactician was left impressed by the interaction. Erik said, “Many hours we sit together, many issues we were on the same page. Was a very constructive meeting, and we look forward to working with each other. They have good ideas, we have to see what we can integrate, in togetherness, we can work, but after one day you can’t tell that.”
Sir Jim Ratcliffe has agreed that the legal process regarding the ratification has hindered INEOS’ operations in the club. But, once the ratification arrives in around six weeks, the British billionaire aims to revamp the structure of the club to the core.
