Sir Jim Ratcliffe could finalise a deal to become a minority shareholder at Manchester United during the upcoming international break.
Ratcliffe’s Ineos Group is expected to pay in the region of £1.25billion for a 25 per set stake in the Old Trafford club, while also acquiring significant control over footballing operations.
There is no a firm timetable for the deal to be finalised, but the PA news agency understands it could come as early as next week, with Ineos optimistic it will be done before the Premier League campaign resumes on November 25 after the international break.
Reports that the deal could come as soon as Monday have, however, been dismissed as that is the date of Sir Bobby Charlton’s funeral.
It is almost a year since the Glazer family announced, on November 22, 2022, that they were considering “strategic alternatives” to help the club grow, which included consideration of a sale.
Qatari Sheikh Jassim bin Hamad Al Thani and Ratcliffe emerged from a large field of interested parties, and made offers in the region of £5bn for a complete takeover, but that fell short of the Glazer family’s valuation.
Sheikh Jassim then withdrew from the process last month, while Ratcliffe continued to pursue a minority shareholding which could later be increased.
The 71-year-old, who tried to buy Chelsea last year, grew up in the Manchester region and describes himself as a lifelong fan of United.
The deal is expected to lead to a major shake up of United’s football operations. Sir Dave Brailsford, the former performance director of British Cycling, is expected to take on significant influence in his role as Ineos’s director of sport.
The group already owns French Ligue 1 club Nice and Swiss club Lausanne, as well as the Ineos Grenadiers cycling team and Ineos Britannia – the sailing team led by Sir Ben Ainslie.
They also have a stake in Formula One team Mercedes, whose team principal Toto Wolff last week said he would also consider investing in United once Ratcliffe’s deal is completed.
Ongoing speculation and uncertainty over the club’s ownership has come at a time when United are struggling on the pitch.
Wednesday’s stunning 4-3 defeat to Copenhagen has left Erik ten Hag’s side bottom of their Champions League group, while they are eighth in the Premier League, having lost nine of 17 games in all competitions.
'Just work hard mate' – Postecoglou's simple answer to Tottenham's tricky question
Tottenham simply have to put in the hard graft as they look to salvage something from what is turning out to be a disappointing end to the campaign.
Spurs' Champions League hopes appear to be fading fast after they lost for a third straight game in the Premier League, going down 2-0 at Stamford Bridge on Thursday.
Tottenham have four games remaining, albeit that includes meetings with Liverpool and Manchester City, and they are seven points behind fourth-placed Aston Villa.
They were particularly vulnerable from set-pieces once again, with both of Chelsea's goals coming from such scenarios.
Asked how Spurs can turn it around, Postecoglou said told BBC Sport: "Just hard work mate, there's no major formula. We will work hard and make sure we get it right."
He added: "It wasn't a great night for us. We didn't play at the levels we needed to and didn't deserve something from it.
"We lacked belief and conviction in our game. I don't know if it is low confidence but we are not playing with the mindset we need to play the football we want to and that is something I have to look at.
"It is on me to fix it. That is what we will be doing. We had bigger issues tonight than set pieces."
Speaking to Sky Sports, the Tottenham boss said: "I feel like we've lost a bit of belief and conviction in our football and that is on me to change that.
"It wasn't about conceding the [first] goal, it was our approach to playing football and we were nowhere near good enough. That is on me.
"We've been in a bit of a grind for a while now, that is part of our challenge and part of our growth. We have to go out there and perform and sometimes you have to grind out. We were poor today."
Spurs defender Micky van de Ven, meanwhile, conceded Champions League qualification looks out of sight.
"It will be difficult. I don't want to look up to the Champions League after this game, it was not a good performance from us and it is important we play a good game on Sunday," he said.
Mauricio Pochettino, meanwhile, became the first manager to complete a Premier League double over Tottenham having previously managed them in the competition.
Chelsea are up to eighth, just three points behind sixth-placed Manchester United.
"So happy and so pleased. So happy for our players," Pochettino said.
"The first half was fantastic. Then you have to contain and suffer. Tottenham have quality players. Not too much to say, all credit to the players."
Chelsea 2-0 Tottenham: Chalobah and Jackson goals dent Spurs' top-four hopes
Trevoh Chalobah and Nicolas Jackson scored as Chelsea dealt a huge blow to Tottenham's Champions League hopes, recording a 2-0 derby win over Mauricio Pochettino's old club at Stamford Bridge.
Exactly eight years on from the memorable "Battle of the Bridge" between the teams, which saw nine Spurs players booked in a fiery 2-2 draw that confirmed Leicester City as champions, Chelsea inflicted more woe upon their rivals.
Spurs paid for lacklustre set-piece defending midway through the first half as Chalobah headed Conor Gallagher's free-kick home, then Jackson pounced when Cole Palmer rattled the crossbar from another dead ball 72 minutes in.
Ange Postecoglou's side were far from their free-flowing best and have now lost three straight Premier League games. They stay fifth, seven points behind fourth-placed Aston Villa with just one game in hand.
Chelsea, meanwhile, climb above West Ham into eighth, just three points adrift of Manchester United in sixth.
The Blues went agonisingly close to a fifth-minute lead as Jackson raced through on goal to slot his effort under Guglielmo Vicario, but Micky van de Ven raced back to hook it off the line and Palmer could not sort his feet out on the rebound.
Chelsea were ahead after 24 minutes, though, as Chalobah met Gallagher's deep free-kick with a looping header into the top-right corner, the goal being confirmed by VAR following a check for a possible foul by Marc Cucurella.
Mykhailo Mudryk went close with a curling effort as Tottenham continued to toil, the visitors' best chance of the first half coming when Cristian Romero headed Pedro Porro's free-kick wide.
Ange Postecoglou cut an animated figure before half-time, and his side improved after the restart, but Chelsea could have had a second when Palmer shot over at the end of a promising break.
Chelsea did double their advantage with 18 minutes to play, the opportunistic Jackson heading into an unguarded net after Palmer's free-kick clattered off the woodwork with Vicario at full stretch.
Tottenham never looked like responding from there, and they now need a minor miracle to secure a top-four finish.
Pochettino haunts former employers
Having also overseen Chelsea's memorable 4-1 win in November's return fixture at the Tottenham Hotspur Stadium, Pochettino completed a league double over his former employers.
He is the first coach to ever beat Spurs home and away in a single Premier League campaign having previously managed them in the competition.
The Argentine's first season at Stamford Bridge may not have gone entirely to plan, but there may just be green shoots of recovery emerging in the closing weeks of the campaign.
Having endured a run of one win in 14 home Premier League games between March and November last year (seven draws, six losses), Chelsea – who face West Ham next – have now won eight of their last 10 on their own turf (one draw, one defeat).
Set-pieces costing Spurs
Tottenham have a set-piece problem. Arsenal ruthlessly exploited some slack marking from their neighbours to score two goals from corners in Sunday's north London derby, and on Thursday, it was two free-kicks that undid Postecoglou's men.
Prior to this game, Spurs had conceded 12 goals from set-pieces, excluding penalties, in the Premier League this season. Only Manchester United (15.3) and Burnley (14.9) had allowed opponents a higher cumulative expected goals (xG) figure from such situations than their 14.3.
They did not learn their lesson, Emerson Royal and Brennan Johnson getting nowhere near Chalobah as he headed home from a routine delivery to the back post for the opener.
Those fine margins could prove incredibly costly, with Tottenham now a long way adrift of top-four rivals Aston Villa with daunting fixtures against Liverpool and Manchester City still to come.
Lucas Hernandez to miss Euro 2024 after PSG defender sustains knee injury
France have been dealt a blow ahead of Euro 2024 following confirmation that Paris Saint-Germain's Lucas Hernandez will miss the tournament.
Hernandez sustained a knee injury and had to be taken off in the 42nd minute of PSG's Champions League defeat to Borussia Dortmund on Wednesday.
And on Thursday, PSG announced Hernandez had sustained an anterior cruciate ligament (ACL) injury and will now need surgery.
"Lucas Hernandez suffered a torn anterior cruciate ligament in his left knee after coming off injured during the Champions League match," a statement read.
"An MRI scan carried out today confirmed the diagnosis made by the club's doctors on Wednesday evening.
"The player will undergo surgery in the next few days."
Hernandez suffered a similar injury during the last major international tournament, the 2022 World Cup, in which France finished as runners-up to Argentina.
The 28-year-old subsequently posted on his official Instagram account.
"When I signed with PSG, I made a promise that I would give my heart and soul to this team and this is what I have done ever since. Unfortunately, during last night's match I ended up with an injury," Hernandez said.
"I pushed myself back onto the field and tried to keep on fighting for our team, but it was not possible. My comeback will be stronger than ever before."
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