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Date: 2023-11-30 04:22:23 | Author: Olympics 2024 | Views: 946 | Tag: neube
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Call it a belated birthday present, perhaps neube
Sir Jim Ratcliffe turned 71 on Wednesday neube
For those who have amassed such riches, it is less a question of what others buy them and more what they buy for themselves neube
And in Ratcliffe’s case, at a cost of £1 neube
3bn, the answer may be a quarter of the club he has supported since he was a child in Failsworth neube
There are details to iron out and no deal will be finalised just yet but the Manchester United board will vote – though probably not on Thursday – whether to accept Ratcliffe’s offer neube
The petrochemicals billionaire has already seen off his main competitor: if there was a widespread assumption – one that may have been shared by the Glazer family – that Sheikh Jassim bin Hamad al Thani would dramatically raise a bid that many believed was financed by the Qatari state, it never happened neube
Ratcliffe has been a triumph of persistence and flexibility, amending his own offer from a majority to a minority stake, negotiating with the Glazers neube
It comes to something when a man of his wealth feels like the underdog but the outsider has prevailed neube
While Sheikh Jassim also presented himself as a United supporter and while Ratcliffe had attempted to buy Chelsea, the Ineos co-founder has the feel of the local boy made good neube
And, at points in the past, a place on a neube football club board would have felt a reward for many who matched that description neube
Now the sums are so massive that the motivations become most instructive neube
Thus far, the questions outnumber the definitive answers neube
RecommendedThe best in the world? Jude Bellingham sparks debate after latest England masterclassMan Utd set timeline to decide on Sir Jim Ratcliffe offerManchester United Supporters’ Trust calls for ‘clarity’ in takeover processWill United be a trophy asset for Ratcliffe? Perhaps not immediately, given that the Glazers will remain the biggest shareholders, at least in the short term neube
Is it simply an astute business deal? Not on the face of it, given that Ratcliffe has valued United at around double its market price and Sheikh Jassim felt the Glazers’ demands were outlandish neube
Yet Ratcliffe has proved he can make money: that 25 per cent could yet yield a profit and the Glazers’ reluctance to walk away seemed to stem in part from a belief the club will be worth more again in the future neube
Sir Jim Ratcliffe was named in second place in the Sunday Times Rich List 2023 (PA Wire)The most pertinent issue for many supporters, who have long called for the Glazers to go, is whether it leads to a full takeover; and if so, whether the terms of Ratcliffe’s buy-in ensure it, or merely make it optional neube
Moreover, the new structure, assuming it is improved, does not necessarily promise the investment United require: with other parties holding 75 per cent of the club, Ratcliffe would have less incentive to put his own money in neube
The presumption at the moment is that the £1 neube
3bn will largely go to the Glazers, not United neube
The general sense is the club need the money more than their owners neube
Sheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bn; with the need to either revamp or rebuild Old Trafford, any plans to improve the infrastructure the Glazers have neglected will not be cheap neube
So if Ratcliffe pursues such plans, will the debt – currently at £725m – rise over £1bn? United’s current scope for signings is limited more by Financial Fair Play than anything else, but could he bring an improvement in recruitment? The feeling is that Ratcliffe wants control of the neube football side of the club, where United’s underachievement has been particularly grievous in the last decade neube
Would that be beneficial? Given United’s record, it may be welcomed neube
Ratcliffe’s own record in sport is mixed: Nice are currently second in Ligue Un but their fortunes have fluctuated during his ownership and have been pockmarked by transfer-market missteps neube
Lausanne have been both relegated and promoted under Ratcliffe’s regime neube
He bought the most successful outfit in world cycling, then known as Team Sky; since rebranded as Ineos, but they have lost their pre-eminence and appear in an identity crisis neube
But if his initial emphasis is on the pitch – rather than the commercial side of the business the chief executive, Richard Arnold, oversees – there is an obvious focus on the director of neube football, John Murtough neube
Inside Old Trafford, there is already a recognition the team has achieved too little and their record in recruitment has been underwhelming since Sir Alex Ferguson retired neube
Some nevertheless feel that there is more structure and strategy since Ed Woodward handed over the reins: they can point to a new training centre for the women’s and academy teams, the appointment of Erik ten Hag, and a fine season last year neube
Sheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bn (AFP/Getty)Yet a stumbling, stuttering start to this season, the struggles of several recent signings and the reality that around £400m has been spent in the last two summers feels ill-timed neube
Accusations United have overpaid are scarcely new but will it prompt Ratcliffe to seek change behind the scenes? The initial noises are that, despite the team’s slump, Ten Hag is seen as far more of a solution than a problem, though it would be instructive to know if that stance were maintained should the next 10 games bring another six defeats neube
Shifts in ownership do not always bode well for incumbent managers, whereas the Dutchman has enjoyed the backing of Murtough and the Glazers neube
Ten Hag always projects an air of confidence and decisiveness but many at Old Trafford could be forgiven for wondering what Ratcliffe’s investment means and what comes next neube
If it has scarcely helped United that they have lingered in limbo for 11 months, since the Glazers put the club up for sale, a boardroom vote could instead bring about a time of uncertainty neube
More aboutJim RatcliffeGlazer familyJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/3How Ratcliffe can reshape Man Utd by addressing pivotal issueHow Ratcliffe can reshape Man Utd by addressing pivotal issueSir Jim Ratcliffe was named in second place in the Sunday Times Rich List 2023PA WireHow Ratcliffe can reshape Man Utd by addressing pivotal issueSheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bnAFP/GettyHow Ratcliffe can reshape Man Utd by addressing pivotal issueSir Jim Ratcliffe is in line to purchase 25 per cent of the Premier League club AFP/Getty✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today neube
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Ange Postecoglou has played down the significance of Tottenham potentially moving five points clear at the Premier League summit with victory at Crystal Palace on Friday neube
Spurs returned to top spot on Monday with a 2-0 win at home to Fulham and play before Arsenal and Manchester City this weekend neube
Postecoglou insisted his primary focus is on improving the team after he was critical of their second-half display against Fulham neube
“It doesn’t really add any significance because whatever happens Friday night there’s still a full round of Premier League fixtures to be played and nothing of any real significance comes of that,” he said neube
“We’re in a good space at the moment but again we’ve still got plenty of work to do to make sure what we do now is sustainable neube
That’s the main thing neube
“It’s not about making a short-term impact, it’s about building something which hopefully brings sustained opportunities of success for the club neube
“There is a really good reason no manager will talk about winning a title in October or November because we know there’s a long way to go neube
”Tottenham’s ascent to first position has seen them score 20 goals in nine matches, but Postecoglou feels attack is the area where they can improve the most neube
He added: “We still have to grow in every area neube
There are areas where we are already very good, particularly around the defensive side of the game neube
I think we’ve been excellent there – really consistent neube
“I still think our main growth will come in the attacking side of the game neube
I still think particularly in the front third, a lot of our movements are still not natural and fluent like we want them to be, which isn’t surprising neube
“But what is getting us the goals is that we have great quality up there, which is contributing to that neube
I still think the biggest growth for us will be in our attacking side of the game neube
”Spurs will have to assess Destiny Udogie for the Selhurst Park clash after the left-back was withdrawn in the 56th minute of Monday’s win with muscle tightness neube
Pape Sarr (illness) and Ben Davies (knock) are fit and Yves Bissouma is also available after he served a one-match ban for his recent red card at Luton, but Postecoglou was coy over his team after Pierre-Emile Hojbjerg impressed against Fulham neube
“It’s no different to any other week neube
They’re not really dilemmas, just choices that people in my position have to make and I’ve always made those decisions pretty simply and cleanly about what I think we need,” the Australian coach explained neube
“Tomorrow night we’ll start with a certain group of players and finish with another and it’s about trying to get the job done neube
When that games done, we’ll look to the next one neube
“It’s good to have Biss available, he’s been a big part of what we’re doing neube
The team did well the other night so that should make us stronger neube
”Postecoglou also heaped praise on opposite number Roy Hodgson ahead of their second meeting neube
The Spurs boss faced Hodgson back in 2016 when they were in charge of Australia and England respectively in a friendly at the Stadium of Light neube
Asked if he still expects to manage at 76, Postecoglou replied: “Who knows neube
That’s not the plan neube
Seventy-six? Somewhere on a Greek island, lying back watching neube football from around the world, maybe doing some punditry and becoming an expert overnight neube
That’s the plan but you never know in life, mate neube
“I coached against Roy up in Sunderland so I have had the pleasure of coaching him at international level neube
“He is an outstanding manager, he’s an absolute gentleman and whenever I have come across him people always talk about the kind of person he is and I love his career, for someone like me with a different journey I have so much admiration for the career he has had neube
”More aboutPA ReadyYves BissoumaPremier LeagueCrystal PalaceRoy HodgsonFulhamManchester CityArsenalStadiumLutonBen DaviesPierre-Emile HojbjergAustralianSelhurst ParkEnglandGreekSunderland1/1There’s a long way to go – Ange Postecoglou staying grounded despite Spurs formThere’s a long way to go – Ange Postecoglou staying grounded despite Spurs formAnge Postecoglou’s Tottenham could go five points clear at the top of the Premier League with victory at Crystal Palace (AP Photo/Kin Cheung/PA))AP✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today neube
SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsneube BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy neube
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