Billionaire Sir Jim Ratcliffe has been told that Manchester United is “not for sale” following yet more talk of a prospective buyout.
The 69-year-old from Failsworth is one of the richest men in the UK and his name has regularly been floated around as one of the names who could potentially buy the Premier League club and global sporting brand.
The CEO of INEOS – a multinational chemicals company which replaced Team Sky cycling when he bought the franchise – went on to say: “I met Joel and Avram, and they are the nicest people.”
“They are proper gentlemen, and they don’t want to sell United. It is owned by the six children of the father and they don’t want to sell.”
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Quotes like this will surely frustrate United fans who have not only long hoped for a sale to materialise but also consider the Glazers the root of their team’s failings over the past decade.
Ratcliffe was recently pictured with members of The 1958 supporters’ group who still believe him to be the frontrunner in the race to save the club from the so-called ‘Glazernomics‘ that have seen them deeper into debt and further down the table.
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One of the most vilified footballing administrations anywhere in the world, the Glazer family have been in charge at Man United since 2005 and fans have been protesting their ownership ever since.
The ‘Glazers Out‘ protests hit a fever pitch over the past year or so, with massive demonstrations before several games and fans even breaking onto the pitch back in May 2021.
Ratcliffe stated his intentions rather clearly to the outlet: “If it had been for sale in the summer, yes we would probably have had a go following on from the Chelsea thing.”
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The businessman also made a late bid to buy the west London club before it was acquired by American Todd Boehly, whose designs on the league as a whole have led to much debate.
The likes of United, Liverpool, Arsenal, Chelsea and more are now at least partially owned by American investors and many are speculating as to the wider impact growing US investment could lead to.
Despite being in the conversation for several years, 2022 has been the closest he has ever come to a real bid after he was linked with the consortium headed up by Michael Knighton, a former United director whose infamous £20 million bid to buy the club back in 1989 went up in flames due to financing.
Knighton, who began preparing an approach back in August, admitted that he needed the funding of parties like Ratcliffe to make a genuine proposal possible. Even with his backing, it looks as though the Glazers aren’t even close to entertaining a deal.
Ranked 27th on the Sunday Times Rich List, the entrepreneur is one of the few candidates with the kind of money capable of purchasing the mega club from its American owners, but it looks like Reds will have to keep waiting for a breakthrough.
Featured Image — Wikimedia Commons
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Pep Guardiola says he won’t manage another club after Manchester City
Danny Jones
Pep Guardiola has claimed he won’t manage another team after his tenure at Manchester City is up, so enjoy the ride whilst you can, Blues.
One of the most successful managers in history, Pep Guardiola is undoubtedly one of the greatest managers to have ever lived but it looks like the 53-year-old is now starting to think about life after football – or at least after Man City.
Guardiola recently extended his stay at the Eithad with a new two-year contract but it did look like he was ramping up to leave until the 11th hour and it now seems as though his time at City will be his last in the world of club football.
Pep Guardiola claims that he won't manage another club after Manchester City…
When asked about his future by his fellow compatriot, Pep said: “I’m going to stop. I am not going to join another team, I’m not going to leave to go to another country. I won’t have the energy. For now, I’m still here but to think about starting again, the whole process of training – no, no.”
Energy has been a defining factor for so many managers of late, with long-time rival Jürgen Klopp having departed Liverpool FC as a result of the fatigue caused by the job.
With countless cups, six Premier League titles and a trio of Champions League trophies to his name, Pep has pretty much won everything there is to win, which will no doubt factor into his eventual decision.
That being said, Pep did go on to suggest that however long he stays in the sport after his time in Manchester is all said and done, his next role would likely be in international football as leading a country to major silverware is the one thing he hasn’t achieved just yet.
City have managed to get points back on the board in their last two games, notching a much-needed 3-0 against Nottingham Forest before only managing to scrape a draw against Crystal Palace this past weekend, but with a derby approaching this Sunday, all eyes are on Manchester.
With the title race already looking like a nigh on an insurmountable task given the points they’ve already drooped (even with Liverpool’s recent slip-up), Pep’s stress and energy are already pushed to their limits as it is.
You might only get a couple more years with the tactical genius, City fans, so make the most of it.
You can watch Pep Guardiola’s full interview with Dani García down below – though it is in Spanish so you will need subtitles on:
Manchester City’s alleged charges have been increased to 130
Danny Jones
Manchester City’s hearing over their 115 alleged breaches of FFP (financial fair play) has ended and the outcome is that their charges have now been increased to 130.
Not exactly what Blues will want to hear.
The hearing officially concluded last Friday, 6 December after a 12-week process to determine whether they broke Premier League regulations regarding PSR (profit and sustainability), with accusations initially spanning a nine-year period.
However, rather than making any progress when it comes to clearing their record, it looks as though the opposite has happened.
Man City are now alleged to have committed 130 breaches of Premier League rules with both parties still able to enter an official appeal.
The hearing was held at the International Dispute Resolution Centre near St Paul’s in London, kicking off in September before coming to a close on Friday, 6 December.
Fans will no doubt have been hoping for and maybe even expecting a much more positive update, especially after having been successful in their recent case against the division regarding sponsorship deals and Associated Party Transactions (APT).
As well as the number of alleged breaches having risen to 130, the period of offence is also now said to have been extended, jumping from just under a decade to a total of 14 years.
The Times writer Martyn Ziegler says the club could quietly learn of their fate as soon as next month and even though a final decision still isn’t expected until spring 2025, should either side appeal the final outcome, this will likely draw out proceedings for several more months.
For context, City still deny all of the claims laid against them, which include failing to provide accurate financial information for as many as nine seasons, full details of players’ wages, hiding the true figure former manager Roberto Mancini was paid for her service, as well as failing to cooperate with the Premier League’s investigation and UEFA’s FFP rules.
The club were slapped with a two-year European ban back in 2020 and have been fined by the European footballing body previously, but that ban was ultimately dropped and even their most recent financial punishment was dropped from £30 million to just £10m – chump change given their spending power.
It still remains unclear what exactly will happen to the reigning English champions if they are found guilty but with Pep Guardiola’s also struggling for form of late, having lost five games in a row for the first time in the Catalan’s career, those inside the Etihad could do with some good news.
The blue moon that has loomed over Manchester in recent years is looking a little lost behind the clouds at the minute.