Sir Jim Ratcliffe says Manchester United’s journey back to the top of world football starts now after completing his £1.3billion deal to become minority owner of the Premier League giants
A year and three months after the club announced a strategic review, and 58 days after a deal was struck, there is finally a new power structure in place at Old Trafford.
Ratcliffe has completed his purchase of 25 per cent of the shares owned by the Glazer family, who have been United’s majority owners since their controversial leveraged buyout in 2005.
The Ineos chairman paid 33 US dollars (£26) for each of those shares and the same price for 25 per cent of Class A shares, with 10 times fewer voting rights, following a tender process.
Ratcliffe takes control of football operations as part of the deal and plans to ramp up United’s rebuild after his team looked under the hood and began to make moves during the ratification process.
“To become co-owner of Manchester United is a great honour and comes with great responsibility,” the British billionaire said.
“This marks the completion of the transaction, but just the beginning of our journey to take Manchester United back to the top of English, European and world football, with world-class facilities for our fans.
“Work to achieve those objectives will accelerate from today.”
Faltering United have not added to their England record 20 league titles since Sir Alex Ferguson retired in 2013, winning just four major trophies in that period.
The Red Devils have lost their way under the Glazer family and Ratcliffe’s involvement brings new hope to Old Trafford.
United co-chairman Joel Glazer said: “I would like to welcome Sir Jim as co-owner and look forward to working closely with him and Ineos Sport to deliver a bright future for Manchester United.”
Ratcliffe’s ownership of United stands at 27.7 per cent as further shares were issued in return for his initial 200m US dollars (£158.5m) capital investment upon completion.
His ownership will increase to 28.9 per cent when he invests a further 100million US dollars (£79.2m) by December 31, 2024.
The outlay from Trawlers Ltd, a company wholly owned by Ratcliffe, is worth a total of 1.65bn US dollars (£1.3bn).
That deal received Premier League and Football Association approval last week and was officially confirmed on Tuesday evening.
The 71-year-old, who was born in Failsworth, Greater Manchester, was a United fan growing up and has been a regular presence around the club since the deal was announced on Christmas Eve.
That included Ratcliffe attending United’s Premier League match against Tottenham on January 14 and the Munich air disaster memorial at Old Trafford on February 6.
Sir Dave Brailsford, Ineos’ director of sport, has been an even greater presence and is set for a key role as Ineos takes control of football operations.
Changes have already started and United raised eyebrows across the football world last month when announcing Manchester City’s Omar Berrada as their new chief executive.
United are hoping to bring in Newcastle sporting director Dan Ashworth as part of their rebuild. The former Football Association technical director has been placed on garden leave after telling the Magpies he was leaving.
The completion of the deal marks the conclusion of a saga which began back in November 2022 when the Glazers announced plans for a strategic review, which could include the sale of the club.
Ratcliffe and Qatari businessman Sheikh Jassim were the front-runners when it became apparent a full sale would be considered, but the latter withdrew last October.
Ratcliffe’s focus shifted to the purchase of a significant minority stake, which has now finally been completed.
Guardiola confident Man City can avoid fourth straight loss
Pep Guardiola is facing the prospect of losing four consecutive matches for the first time in his career but is confident Manchester City do not need extra reassurance.
All three of City's recent losses have come in different competitions, first falling to Tottenham in the EFL Cup round of 16 before following it up with defeats to Bournemouth in the Premier League and Sporting CP in the Champions League.
It is the first time the Citizens have been on such a run since doing so between May and August 2021, while in the same season, it is the first time since April 2018.
In the Premier League, Guardiola's men were on a 32-match unbeaten run before their defeat to Bournemouth, and they have only lost two consecutive top-flight matches three times under the Spaniard before.
The Spaniard has been vocal about his team's recent injury struggles, and will once again be without Jack Grealish, despite his recent England call-up, John Stones and Ruben Dias for the trip to Brighton on Saturday.
Bernardo Silva said the team were in a "dark place" after their game at Sporting on Tuesday, but Guardiola does not believe he needs to provide any extra motivation to help get his players back to winning ways.
"I don't think [the players need extra reassurance]. Of course, we are not used to losing three games in three different competitions, but it is football, and it has happened," Guardiola said.
"We know the reason why we struggle, but we are looking forward to this game and after the international break, and after that a few players will be back and recovered. All the little problems we have with players will be solved. I hope.
"There always is a first time [to lose four straight]. Hopefully, it is not the case.
"Twenty minutes against Fulham we were not good, against Bournemouth we were not good, but the rest of the games we were good. We are good. We will see what happens."
Khadija 'Bunny' Shaw's record-breaking hat-trick powers Manchester City to 4-0 victory Over Tottenham Hotspur Women
Reggae Girl Khadija "Bunny" Shaw delivered a historic performance on Friday, scoring a hat-trick that led Manchester City Women to a dominant 4-0 victory over Tottenham Hotspur Women in the Barclays Women's Super League (WSL). Shaw's incredible feat helped City extend their lead at the top of the table, reaching 19 points, four clear of Chelsea, who have played two games fewer.
Shaw, who has now scored seven goals in the league this season, wasted no time asserting her dominance, scoring just moments after kick-off. Bursting through on goal, she slotted the ball into the bottom corner, giving City an immediate 1-0 lead. In the 15th minute, Shaw struck again, towering over defenders to head home a looping cross from Lauren Hemp. Tottenham’s goalkeeper and fellow Jamaican, Rebecca Spencer, got a hand to it, but Shaw's powerful header proved unstoppable.
City continued to apply pressure, and in the 66th minute, Jill Roord added to the scoreline. After evading a challenge, Hemp found Roord in the box, who shifted the ball onto her left foot and fired it into the roof of the net, making it 3-0. Just a minute later, Shaw completed her hat-trick. Hemp, instrumental throughout, drove down the byline and delivered a precise cross into the box, where Shaw was perfectly positioned to knock it home.
Shaw's hat-trick set new records in the WSL. She became the first player to record three hat-tricks against the same team and broke her teammate Vivianne Miedema’s record with her sixth career hat-trick in the league.
Facing her fellow Reggae Girlz teammates Drew Spence and Rebecca Spencer, Shaw showed why she is one of the most prolific strikers in the league, continuing to propel Manchester City to the top of the WSL standings with her record-breaking performance.
Arsenal 5-0 Brighton: Five-star hosts run riot in statement win
Arsenal got back to winning ways in the Women's Super League, brushing aside high-flying Brighton with an emphatic 5-0 victory at the Emirates Stadium.
Three goals in 12 first-half minutes had put the Gunners out of sight to ensure Renee Slegers continued her unbeaten start as interim boss.
Beth Mead returned to the starting line-up and took just 13 minutes to get her name on the scoresheet, cutting inside from the right to bend a lovely shot into the far-bottom corner.
Brighton were picked apart down their left again shortly after, with Kim Little fizzing a dangerous low cross into the six-yard box, and Caitlin Foord was on hand to turn it in from close range.
Three minutes later, Frida Maanum got a stunning third, whipping a delightful finish into the top-right corner from the edge of the box, and Foord should have got their fourth on the stroke of half-time but fired against the post while off-balance.
Substitute Lina Hurting then rose high in the 76th minute to flick on a corner which neither Sophie Baggaley nor Guro Bergsvand could keep out despite their best efforts.
Stina Blackstenius was dragged down in the penalty area in stoppage time, and Alessia Russo confidently stepped up to bury the resulting spot-kick to send Arsenal fourth in the table.
Data Debrief: Off the mark at home
Slegers looks to have settled into life as Arsenal's interim boss seamlessly, and Arsenal avoided a slip-up against a tricky opponent to register their first home win of the season.
They have now won all 13 of their WSL meetings with Brighton by an aggregate score of 48-2, while it is the fifth clean sheet Arsenal have kept against them at home.
Mead also improved on her already impressive record against Brighton - against no side does she have more combined goals and assists than the Seagulls (13 - eight goals, five assists).
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