Football

Sir Jim Ratcliffe may have indicated first thing he would do as Manchester United owner

Sir Jim Ratcliffe is seen by many Manchester United fans as the saviour to rescue them from the talons of the Glazers, and they were given a boost when the Ineos billionaire officially registered his interest in a purchase on Tuesday.

Gary Neville described his potential arrival as a nailed-on win in regards to supporter popularity but warned the formula to that outcome isn’t straightforward. “The problem is the price is going to be big and you’re going to need deep pockets,” he said this week.

Ineos are known to be very diligent in their investments and like to make sure they will get a beneficial return within a specified timeframe. However, it is thought that United would be the exception to the rule for Sir Jim, who hails from Failsworth and is a lifelong supporter of the Reds.

But it would be naive to think he would filter all the revenue from his portfolio exploits – which include Formula One and cycling – solely into United. He is a businessman, as well as a fan.

Sir Jim has, of course, experience in operating a high-profile European club having taken over OGC Nice in 2019. He recently showed he keeps his finger on the pulse on proceedings at the French outfit, sacking popular manager Lucien Favre with the club languishing in mid-table in Ligue 1

The British petrochemicals magnate announced Favre would return for a second stint in June last year after he previously guided Nice into the Champions League in 2017. But in the letter announcing that he was bringing back an old face, he bestowed a tone that was very much looking forward.

He had appointed Sir Dave Brailsford – the ex-British Cycling chief and now general manager of Ineos’ cycling team, Grenadiers – to conduct an audit of the club to give a financial overview of where Nice could improve, after qualifying for the Europa Conference League last term.

In a letter to Nice fans, he explained: “The audit carried out by Sir Dave Brailsford has underlined both the growth opportunities and also the areas where we must improve if we want to progress further.”

The post Sir Jim Ratcliffe may have indicated first thing he would do as Manchester United owner appeared first on zululegit.

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