{"id":142939,"date":"2023-11-03T12:49:12","date_gmt":"2023-11-03T12:49:12","guid":{"rendered":"https:\/\/celebrity-hub.com\/?p=142939"},"modified":"2023-11-03T12:49:12","modified_gmt":"2023-11-03T12:49:12","slug":"sir-jim-ratcliffes-first-plans-for-25-man-utd-takeover-revealed-with-major-cash-injection-the-sun","status":"publish","type":"post","link":"https:\/\/celebrity-hub.com\/sport\/sir-jim-ratcliffes-first-plans-for-25-man-utd-takeover-revealed-with-major-cash-injection-the-sun\/","title":{"rendered":"Sir Jim Ratcliffe's first plans for 25% Man Utd takeover revealed with major cash injection | The Sun"},"content":{"rendered":"

SIR JIM RATCLIFFE will invest \u00a3245MILLION into Manchester United's infrastructure as part of his 25 per cent takeover, according to reports.<\/p>\n

The British billionaire, 71, will pledge the investment as part of his acquisition which is expected to be worth more than \u00a31.25billion.<\/p>\n


\n<\/p>\n

According to Sky News, the \u00a3245m investment on infrastructure will be staggered.<\/p>\n

However, the "majority" of the sum will be given to the club by the end of the year.<\/p>\n

This would appear positive news for many Man Utd fans as Old Trafford has been criticised for being left in an old, decaying state.<\/p>\n

But many are still unimpressed by Ratcliffe's pledge as they do not believe the funds will address the widespread issues.<\/p>\n

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They also feel Ratcliffe will simply facilitate the Glazers – who are set to retain majority control of the club.<\/p>\n

One said: "That money won\u2019t even touch the sides.<\/p>\n

"All he\u2019s there to do is fill the pockets for Glazers and fund the club while the Glazers sit back and continue to take out there dividends."<\/p>\n

Another added: "Man said 2 signings worth. This is a joke."<\/p>\n

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While a fourth responded: "Unbelievable @ManUtd what\u2019s this meant to do? We need quadruple that at the very least.<\/p>\n

"Absolute rats. Once this deal is over the line I\u2019m gone."<\/p>\n

Meanwhile, recent reports have claimed Man Utd need a "quicker resolution" to their ownership saga in order to clarify Erik ten Hag's position at the club.<\/p>\n

The Red Devils boss, 53, has watched his side suffer back-to-back 3-0 defeats at home to\u00a0Manchester City\u00a0and\u00a0Newcastle.<\/p>\n

It takes\u00a0Man Utd's record at the start of the season to eight losses in 15 games in all competitions.<\/p>\n<\/p>\n

And the\u00a0Dutchman is coming under increasing pressure\u00a0as rumours of his potential departure continue to swirl.<\/p>\n

Rules around the bidding process mean it is currently difficult for the Glazers to consult Ratcliffe about Ten Hag's future.<\/p>\n

MAN UTD NEWS LIVE: Stay up to date with all of the latest transfer and takeover news from Old Trafford<\/strong><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SIR JIM RATCLIFFE will invest \u00a3245MILLION into Manchester United's infrastructure as part of his 25 per cent takeover, according to reports. The British billionaire, 71, will pledge the investment as part of his acquisition which is expected to be worth more than \u00a31.25billion. According to Sky News, the \u00a3245m investment on infrastructure will be staggered. 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