Sir Jim Ratcliffe’s initial move at Manchester United will be a copy of Todd Boehly’s Chelsea strategy.
Chelsea news as it appears that Sir Jim Ratcliffe will appoint new executives to lead Manchester United following the confirmation of his minority investment in the team
As Sir Jim Ratcliffe looks to compete with Chelsea and Todd Boehly, Manchester United is rumored to have hired American recruitment company Pace to find a new talent scout for young players.
With his move to buy a 25% stake in Red Devils nearing completion, the 71-year-old—who is reportedly worth over $22 billion (£18.5 billion)—finally appears set to join the team after a protracted saga that nearly saw the entire club sold to Qatari banker Sheikh Jassim. Ultimately, though, Ratcliffe will take over to manage the football operations at Old Trafford, while the Glazer family will still own a 52% majority stake in the team.
Ratcliffe has attempted to participate in the Premier League before, though, as he was previously connected to a possible takeover at Chelsea in 2018 and then submitted a late bid for the team in 2022. He would lose to Boehly and the executives at Clearlake Capital and BlueCo., though, as he plans to restructure Manchester United with his incredible $35 billion portfolio.
The British tycoon is expected to ‘accelerate’ the modernization of Old Trafford, with stadium improvements constituting a’significant part’ of his club investment. With funds set aside for the Old Trafford renovations—which would increase the stadium’s capacity from 74,310 to 90,000—he is predicted to inject £1.3 billion ($1.58 billion) into the team, making it the joint largest sports venue in the United Kingdom.
With over 10,000 more seats than Tottenham’s new stadium, which opened in 2019, Old Trafford leads the Premier League in capacity. However, the upcoming modifications will make it competitive with Wembley Stadium. However, he intends to make additional modifications to the stadium.
To make internal changes at the club,
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