Sir Jim Ratcliffe has increased his investment in Manchester United Football Club, taking his current stake from 27.7% to 28.94%.
The Failsworth-born billionaire officially became a minority shareholder in Man United earlier this year, bringing in the Sports arm of his INEOS petrochemical company and plenty of new personnel with him following an initial £1.25 billion acquisition which saw him buy over a quarter of the club.
While his tenure at Old Trafford has been a somewhat turbulent affair so far – having pleased most fans by taking at least some control away from the family but making a number of less-than-popular decisions of late – he is, at the very least, putting lots of money where his mouth is.
Sir Jim Ratcliffe has injected a further $100m into Manchester United and now owns 28.94% of the club. This completes a planned $300m investment pledged at the time of purchase. $200m was paid back then out of Ratcliffe’s personal funds.
As per multiple outlets, the 72-year-old has pumped a further of approximately £79.3m into Man United to increase his overall stake just before the end of the year.
ADVERTISEMENT
This latest figure payment was actually promised as part of his initial partial takeover which was completed back in February, with a filing listed by the Securities and Exchange Commission (SEC) confirming the final payment this week, with Ratcliffe receiving additional shares in return.
It also detailed that the ownership of the shares has transferred from Ratcliffe personally to the INEOS Group as a whole, who also have stakes in French football club OGC Nice, the INEOS Grenaiders cycling team (formerly Team Sky), as well as Formula 1, sailing, rugby and more.
ADVERTISEMENT
Although supporters will be pleased to hear that Ratcliffe is committed to investing in the club, Keegan’s article details that the money itself won’t be strictly put towards any potential signings in the upcoming transfer window.
Similarly, Press Associates (PA) understand that the funds will be put towards infrastructure rather than player recruitment, as it is also expected that some squad members could be offloaded this January.
Could Man United’s homegrown number 10 really be on his way out after nearly two decades in red?
News of Ratcliffe increasing his United stake won’t do much for many of his early detractors, however, as the Greater Manchester local has been accused of ‘forgetting his roots’ and ‘betraying the working class’ with some recent internal steps.
Most recently, Sir Jim and his newly rebuilt executive board received immense backlash for increasing ticket prices for remaining games this season to a whopping £66 across the board, with no concessions made for young, old or disabled fans.
With sporting director Dan Ashworth having been dismissed after just five months – a man who spent just as much time on gardening leave at his former club as he did in his actual role at United – it’s fair to say Ratcliffe and co. could have been more economical.
André Onana reportedly dropped after latest Manchester United errors
Danny Jones
Manchester United goalkeeper André Onana has reportedly been dropped for the Red Devils’ upcoming Premier League game following his latest errors in net.
Onana found himself at fault for the two goals conceded by Man United in the first leg of their Europa League quarter-final against Lyon this week, making it a total of eight errors leading to goals in all competitions this season – the most of any Premier League goalkeeper.
What made the most recent mistakes even more unfortunate was a pre-game spat with former United midfielder Nemanja Matić, who not only dubbed him the “worst” keeper in their modern history but didn’t even need to come off the bench to get the last laugh, as the 29-year-old gifted Lyon a point.
Following the unforced errors which saw him concede the opener and a last-minute equaliser against the Ligue 1 side, Onana looks to have been dropped for this weekend’s game against Newcastle United.
🚨 Andre Onana left out of Man Utd squad for trip to Newcastle. 29yo Cameroon goalkeeper not in group that travelled north after tough period on/off pitch + among those rested/rotated. Altay Bayindir deputises; unclear who #MUFC start v Lyon @TheAthleticFChttps://t.co/YVXsFsXHYR
As per multiple outlets, the Cameroonian goalkeeper is supposedly being ‘rested’ for the match and has not travelled as part of the squad, with journalist Chris Wheeler reporting that manager Ruben Amorim wants him to “clear his head”.
Amorim was keen to offer some protection for his go-to shot-stopper, arguing that he has made “more mistakes” than Onana during his time at the club, reassuring that he remains “really confident” in his abilities in the post-match interviews immediately after the European disappointment on Thursday night.
Wheeler also went on to note that the former Ajax number one has been struggling with issues off the pitch also, as it was reported that his family recently suffered a violent robbery and have subsequently needed 24-hour security protection.
That being said, Onana’s omission from the matchday squad means that second keeper Altay Bayindir, who has made just six appearances for United (two of which were clean sheets), will make his Premier League debut against Newcastle.
It’ll be interesting to see whether he rises to the challenge, especially given the reverse fixture, which saw a 2-0 defeat against the North East side at Old Trafford late last year.
He put in quite the performance in the FA Cup against Arsenal.
Newcastle manager Eddie Howe won’t be in the dugout for the face-off, which could give the Reds a slight advantage; alternatively, it could have an entirely adverse effect as the home side will no doubt look to show solidarity.
It’s also worth mentioning that United’s last goal at St James’ Park came back in December 2021, when Edinson Cavani was the scorer.
Do you think he deserves a run as the first-choice goalkeeper, or should it be a case of seeing how he fares against Newcastle before making a decision? Better yet, it is thought he is still in contention for the second leg against Lyon, but who would you go with?
A reminder that class is permanent as Kevin De Bruyne inspires remarkable Man City comeback
Danny Jones
If there was ever any doubt that Kevin De Bruyne isn’t just Manchester City’s best player but arguably the best in the Premier League full stop, then his inspiring display at the Etihad Stadium in their emphatic 5-2 comeback against Crystal Palace should have well and truly quashed those.
Man City received a rather large early shock after finding themselves two goals down after just 21 minutes on Saturday, and it looked to be a topsy-turvy day that would once again confirm they are human in what has been their least dominant season for some time.
However, the reminder that we ultimately got is that is aging, injury problems and legs not moving quite as quickly as they used to may get the better of some, but class is permanent and if Blues could pick any player slightly past his prime to get them out of a tight spot, it will be Kevin De Bruyne 11 times out 10.
The Belgian midfielder not only got he team and the crowd back in the fight with a wonderful free-kick to make it 2-1, but he also managed to grab an assist for the third goal by Mateo Kovačić, having well and truly gotten their creative juices flowing. Speaking after the game, he made the objectives clear:
A leader, armband or not. Here’s what he has to say after the game.
Leading by example and then some.
In truth, he could have had at least one more goal were it not for a strike rattling the post, as well as essentially helped carve out the equaliser from Omar Marmoush – now on six league goals for the season – and regardless of his recent fitness issues, his quality shone through as always.
The 33-year-old described himself as being relatively “pain-free” for the last year, and putting smaller issues with hamstrings and a hernia aside, he is already starting to reflect on what has been a remarkable 10 years both for the club and him personally here in Manchester.
He went on to add that winning the FA Cup would be the “perfect ending” to his time in Manchester, but who knows? Maybe they could always tie on a second FIFA Club World Cup if he’s still around by then.
As for Pep Guardiola, you only need to see the way he looked at his number 17 when he walked off the pitch to see how much he means to the side and the fans, going on to add in the post-match that not only did he obviously “change the momentum” and the game but he knows he can always “rely on him.”
In fact, Pep summed up the legacy he’s going to leave behind in just one word…
“His legacy will be eternal.” 💙
Pep Guardiola on the race for Champions League football and Kevin de Bruyne's announcement 🤝
De Bruyne confirmed he will be leaving the Etihad at the end of the season after a decade that has established him as one of the very best players in the world, and it’s more than fair to say that City won’t be the same without him – we’re pretty sure neither will the league.
It doesn’t matter who you support, he won’t be playing forever, so enjoy watching it while it lasts.
You can watch the highlights from Man City’s magnificent Premier League comeback against Crystal Palace, led by the brilliance of Kevin De Bruyne, in full down below: