Sir Jim Ratcliffe has written to Manchester United supporters’ groups after agreeing a deal to buy a 25 per cent stake in the club (Martin Rickett/PA)
Manchester United boss Erik ten Hag has welcomed confirmation of Sir Jim Ratcliffe’s impending arrival as a minority stakeholder at the club.
United announced on Christmas Eve that Ratcliffe, the chairman of INEOS, had finalised a £1.25billion deal for a 25 per cent share of the Premier League outfit and will invest more than £236m to refurbish the debt-laden club’s infrastructure.
On Tuesday INEOS director of sport Sir Dave Brailsford was at Old Trafford to watch United recover from 2-0 down to beat high-flying Aston Villa 3-2 in a match that showed some of the best and the worst elements of their play in an uneven season which had left Ten Hag feeling the heat.
INEOS director of sport Sir Dave Brailsford, centre, was in the stands at Old Trafford on Tuesday night (Martin Rickett/PA)
But the Dutchman said he was looking forward to working with INEOS, who will take responsibility for United’s footballing operations under the terms of the deal.
“I think it’s positive for the club that they are stepping in,” Ten Hag said. “They have a lot of experience in sport at the highest level, in Formula One (with Mercedes), their cycling team, and other football clubs (Nice and Lausanne) so that can only help us that they support us to get our targets.
“They are looking forward to working with us and we want to work with them.”
Earlier on Tuesday, Ratcliffe wrote to fans telling them he takes his responsibility to put the club back on top of world football “very seriously” but also calling for patience.
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