The Purchase Of Jim Ratcliffe's Shares At MU Will Soon Be Ratified
JAKARTA The British League Authority or Premier Leage is scheduled to ratify and ratify the process of buying Manchester United shares by Sir Jim Radcliffe earlier next week.
Manchester United's management last December announced that it had agreed to a deal with Radcliffe for the purchase of 25 percent of its initial shares as part of the club's acquisition in stages.
The agreement involves Ratcliffe and INEOS taking full control of football operations, while the Glazer family still has commercial voting rights.
As a new owner, Ratcliffe promises a major investment in the Red Devils' staff and play facilities, including repairing Old Trafford stadium.
Quoted from Football Insider, the takeover of the Ratcliffe minority will be ratified next week and is referred to as a catalyst for further deals.
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The Red Devils are expected to continue reshuffle of their senior staff, with the search for a new sporting director, the ongoing chief talent finder and chief recruitment.
Previously, Ratcliffe had shown the intention of pushing for changes on the management side by appointing Omar Berrada as the club's new CEO. The former CEO of Manchester City replaces Richard Arnold.
On the pitch, a three-time win in all competitions has reduced pressure on Erik ten Hag ahead of summer changes at the club. United sit sixth in the Premier League standings after collecting 38 points from 23 matches, eight points behind Aston Villa in fourth place Villa.
Sir Jim Ratcliffe himself has expressed his desire to make the results on the pitch the core of the club's decision-making, with the aim that MU compete for major trophies.