{"id":144395,"date":"2023-12-19T02:44:01","date_gmt":"2023-12-19T02:44:01","guid":{"rendered":"https:\/\/celebrity-hub.com\/?p=144395"},"modified":"2023-12-19T02:44:01","modified_gmt":"2023-12-19T02:44:01","slug":"jim-ratcliffe-to-complete-1-25bn-man-utd-investment-before-christmas-but-should-fans-expect-much-in-their-stockings-the-sun","status":"publish","type":"post","link":"https:\/\/celebrity-hub.com\/sport\/jim-ratcliffe-to-complete-1-25bn-man-utd-investment-before-christmas-but-should-fans-expect-much-in-their-stockings-the-sun\/","title":{"rendered":"Jim Ratcliffe 'to complete \u00a31.25bn Man Utd investment before Christmas' but should fans expect much in their stockings? | The Sun"},"content":{"rendered":"
SIR JIM RATCLIFFE is reportedly set to complete his \u00a31.25billion investment in Manchester United before Christmas.<\/p>\n
But fans are being warned not to expect their stockings to be full of presents despite the billionaire's arrival.<\/p>\n
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The Ineos chief and lifelong Red Devils supporter is stumping up the mega cash for a 25 per cent stake in the Old Trafford club. <\/p>\n
Talks have rumbled on for months but now the Daily Mail claim it could finally get over the line and announced this week in a big festive boost.<\/p>\n
However, it will likely take between six and eight weeks for approval to come through.<\/p>\n
And to make matters worse, the report adds that immediate big-name transfers and major improvements to Old Trafford are off the cards. <\/p>\n
SunSport exclusively revealed that Ratcliffe wants to oversee a huge clearout at United – both in the dressing room and the boardroom.<\/p>\n Richard Arnold is already on his way out as the hunt for a new CEO continues with Dave Brailsford, Jean-Claude Blanc and Dougie Freedman in line.<\/p>\n On the pitch, Antony and Anthony Martial as well as outcasts Jadon Sancho and Donny van de Beek could all be let go if deals can be agreed.<\/p>\n But due to Financial Fair Play restrictions, United cannot afford to stump up huge transfer fees to improve the squad in January – despite calls for improvements across the pitch after a stuttering season that has featured 12 defeats from 25 matches and an early Champions League exit. <\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n CASINO SPECIAL – BEST CASINO WELCOME OFFER<\/strong><\/p>\n And in a further blow for hopeful Manchester United fans, work will not begin on updating the stadium just yet.<\/p>\n Part of the \u00a31.25bn investment includes \u00a3250million dedicated to the infrastructure with Old Trafford now crumbling, decaying and leaking.<\/p>\n But while sorting out these problems remains a top priority for Ratcliffe, it is understood those plans are being shelved for the time being.<\/p>\n United employed architects to draw up various ways of improving Old Trafford – including a full demolition and rebuilding job. <\/p>\n But the prices of materials have soared over the last year, pushing up the costs of any construction work.<\/p>\n And it means the \u00a3250m would not even be enough just to replace the Sir Bobby Charlton Stand. <\/p>\n Instead, the Mail report suggests Old Trafford could be given a "facelift".<\/p>\n That may include some paintwork around the ground and improved executive suites which in turn will help to drive up much-needed corporate revenue.<\/p>\n<\/picture>FAIR KOP <\/span><\/p>\n
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