BREAKING NEWS: Fabrizio Romano reports that Manchester united could finally confirm Sir Jim Ratcliffe’s £1.25bn investment in the Premier League club before Christmas Day after Sheikh Jassim pulled of the deal again and called the Glazers family”GREEDY” after they rejected his deal to pay them off completely but won’t pay their debt. Before Christmas Day, Man United supporters may receive the news they have been waiting for.
After a month-long negotiation, Manchester United could finally announce Sir Jim Ratcliffe's £1.25 billion investment in the Premier League team before Christmas Day.
That’s according to the Daily Mail, which reports that after months of uncertainty, the British businessman’s bid to acquire a quarter of the Manchester United looks set to be finalised. If it materialises, it could not come at a better time.
The INEOS CEO’s arrival was essential prior to the January transfer window opening as he is expected to take over the sporting side of Man United.
As of right now, United cannot make any significant decisions or long-term signings until the deal is finalised. This is information that supporters of the team will have been eager to learn about going into the New Year.
Man United has had a dismal season, which has increased pressure on manager Erik ten Hag. Ratcliffe may have to deal with the Dutch coach’s future in the second half of the season, but first and foremost, the INEOS man will want to support his coach with signings.
The Manchester United team achieved a significant victory over Liverpool this past weekend at Anfield, which could portend future developments at Old Trafford once Ratcliffe gets his foot in the door.