MX23RW : Tuesday, April 30 10:47:29| >> :120:7459:7459:

Sir Jim Ratcliffe 'hoping Manchester United deal will be completed by Christmas'

Ratcliffe 'hoping Man United deal will be completed by Christmas'
© Reuters
Sir Jim Ratcliffe hopes that his 25% purchase of Manchester United will be completed by Christmas, according to a report.

British billionaire Sir Jim Ratcliffe is reportedly hopeful that his 25% purchase of Manchester United will be completed by Christmas.

An announcement on the 71-year-old's arrival as a minority shareholder was expected to be made during the November international break, but there was a delay due to the complex nature of the deal.

According to The Mirror, the process is now reaching its final stages, and Ratcliffe is hopeful that he will be able to take over football operations at Old Trafford before Christmas.

The report claims that INEOS performance director Sir Dave Brailsford is set to make the move to the club, and he will play a leading role in the changes that will be made to the sporting department.

Richard Arnold's departure as CEO has already been confirmed, with Jean-Claude Blanc widely expected to arrive in that position once Ratcliffe's deal has been announced.

Former Paris Saint-Germain general manager and marketing executive Jean-Claude Blanc on April 7, 2019© Reuters

Blanc worked for the French Tennis Federation as a chief executive before switching to football, and he has previously been the Juventus CEO and marketing executive of Paris Saint-Germain.

The 60-year-old is currently the chief executive of INEOS Sport, and it is believed that he will be Arnold's permanent replacement in the senior position.

John Murtough could remain as football director for now, but it is understood that a change will also be made in that position, with Crystal Palace's Dougie Freedman regarded by many to be the frontrunner.

The role of director of football operations David Harrison is also in severe doubt, with Ratcliffe seemingly preparing to make a number of changes to what he views to be a failing department.

Nice owner Jim Ratcliffe before the match on April 20, 2023© Reuters

Ratcliffe is said to be taking advice from Man United's legendary former manager Sir Alex Ferguson when it comes to his overhaul of the football side of the business.

At one stage, it appeared that Sheikh Jassim bin Hamad Al Thani would be completing a 100% takeover of Man United from the Glazer family.

However, the Qatari banker recently withdrew his offer due to his frustrations in dealing with the Glazers, who signalled last November that they were open to discussing a potential sale of the club.

Ratcliffe is coming in at initial 25%, but it is understood that the Brit wants to complete a staggered takeover in the coming years.

Man United will be back in Premier League action on Saturday evening following their 3-3 draw with Galatasaray in the Champions League, facing a trip to St James' Park to take on Newcastle United.

ID:530426:1false2false3false:QQ:: from db desktop :LenBod:collect5331:

Manchester United takeover - Click here for more stories

Click here for more stories about David Harrison

Click here for more stories about Manchester United

Collect / Create New Data
Share this article now:
Crystal Palace sporting director Dougie Freedman in January 2016
Read Next:
Man United 'set to appoint Freedman as new director of football'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Arsenal35255585285780
2Manchester CityMan City34247382325079
3Liverpool35229477364175
4Aston Villa35207873522167
5Tottenham HotspurSpurs33186967521560
6Manchester UnitedMan Utd34166125251154
7Newcastle UnitedNewcastle341651374551953
8West Ham UnitedWest Ham351310125665-949
9Chelsea33139116359448
10Bournemouth35139135260-848
11Wolverhampton WanderersWolves35137154855-746
12Brighton & Hove AlbionBrighton341111125257-544
13Fulham35127165155-443
14Crystal Palace351010154557-1240
15Everton35128153748-1136
16Brentford3598185260-835
17Nottingham ForestNott'm Forest3579194262-2026
18Luton TownLuton3567224877-2925
19Burnley3559213870-3224
RSheffield UnitedSheff Utd3537253497-6316


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!