In terms of co-ownership of Manchester United Club with an expenditure of around 1.3-1.5 billion pounds, the richest person in England is said to want complete control of football activities at Old Trafford, with The goal is to bring the Red Devils back to where they belong.
There is information about participating in the takeover MU of Sir Jim Ratcliffe will be voted on and expected to be approved at the meeting of the Club’s Board of Directors today, Thursday (October 19).
However, according to the latest news from the British press, that will not happen yet. Sir Jim Ratcliffe hopes that all procedures can be ‘closed’ before the important moment – transfer mid-season (January 2024).
According to ESPN, this billionaire understood the reaction from Red Devils fans and was unhappy to learn that he was about to buy 25% of MU shares, meaning the Glazer family still had main control – something they did not want. Red Devils fans would prefer that the club be completely bought by Qatari billionaire Sheikh Jassim.
Therefore, Sir Jim Ratcliffe wants to comfort the fans with a big transfer plan for MU in order to calm the situation and win their hearts.
But it is said that it will be difficult for him to do this in January, because they are limited by financial fairness laws due to spending reaching the limit in the summer transfer of 2023. ESPN also emphasized that MU is still in debt. £1 billion and only if this is ‘cleared’ will they be able to increase their procurement budget.
According to Football Transfers, MU’s summer transfer could be very different if Sir Jim Ratclifee took over the club from the beginning of the year when he targeted 5 names to upgrade Erik ten Hag’s squad.
Specifically, the billionaire wants to bring in striker Osimhen (Napoli), then Jude Bellingham (joined Real Madrid and is shining here, Declan Rice (to Arsenal) and De Jong (still staying at Barca) are also considered. came to supplement the MU midfield, alongside midfielder Axel Disasi, who then joined Chelsea in the summer.