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Date: 2023-12-03 03:38:28 | Author: Olympics 2024 | Views: 894 | Tag: neube

Call it a belated birthday present, perhaps neube

Sir Jim Ratcliffe turned 71 on Wednesday neube

For those who have amassed such riches, it is less a question of what others buy them and more what they buy for themselves neube

And in Ratcliffe’s case, at a cost of £1 neube

3bn, the answer may be a quarter of the club he has supported since he was a child in Failsworth neube

There are details to iron out and no deal will be finalised just yet but the Manchester United board will vote – though probably not on Thursday – whether to accept Ratcliffe’s offer neube

The petrochemicals billionaire has already seen off his main competitor: if there was a widespread assumption – one that may have been shared by the Glazer family – that Sheikh Jassim bin Hamad al Thani would dramatically raise a bid that many believed was financed by the Qatari state, it never happened neube

Ratcliffe has been a triumph of persistence and flexibility, amending his own offer from a majority to a minority stake, negotiating with the Glazers neube

It comes to something when a man of his wealth feels like the underdog but the outsider has prevailed neube

While Sheikh Jassim also presented himself as a United supporter and while Ratcliffe had attempted to buy Chelsea, the Ineos co-founder has the feel of the local boy made good neube

And, at points in the past, a place on a neube football club board would have felt a reward for many who matched that description neube

Now the sums are so massive that the motivations become most instructive neube

Thus far, the questions outnumber the definitive answers neube

RecommendedThe best in the world? Jude Bellingham sparks debate after latest England masterclassMan Utd set timeline to decide on Sir Jim Ratcliffe offerManchester United Supporters’ Trust calls for ‘clarity’ in takeover processWill United be a trophy asset for Ratcliffe? Perhaps not immediately, given that the Glazers will remain the biggest shareholders, at least in the short term neube

Is it simply an astute business deal? Not on the face of it, given that Ratcliffe has valued United at around double its market price and Sheikh Jassim felt the Glazers’ demands were outlandish neube

Yet Ratcliffe has proved he can make money: that 25 per cent could yet yield a profit and the Glazers’ reluctance to walk away seemed to stem in part from a belief the club will be worth more again in the future neube

Sir Jim Ratcliffe was named in second place in the Sunday Times Rich List 2023 (PA Wire)The most pertinent issue for many supporters, who have long called for the Glazers to go, is whether it leads to a full takeover; and if so, whether the terms of Ratcliffe’s buy-in ensure it, or merely make it optional neube

Moreover, the new structure, assuming it is improved, does not necessarily promise the investment United require: with other parties holding 75 per cent of the club, Ratcliffe would have less incentive to put his own money in neube

The presumption at the moment is that the £1 neube

3bn will largely go to the Glazers, not United neube

The general sense is the club need the money more than their owners neube

Sheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bn; with the need to either revamp or rebuild Old Trafford, any plans to improve the infrastructure the Glazers have neglected will not be cheap neube

So if Ratcliffe pursues such plans, will the debt – currently at £725m – rise over £1bn? United’s current scope for signings is limited more by Financial Fair Play than anything else, but could he bring an improvement in recruitment? The feeling is that Ratcliffe wants control of the neube football side of the club, where United’s underachievement has been particularly grievous in the last decade neube

Would that be beneficial? Given United’s record, it may be welcomed neube

Ratcliffe’s own record in sport is mixed: Nice are currently second in Ligue Un but their fortunes have fluctuated during his ownership and have been pockmarked by transfer-market missteps neube

Lausanne have been both relegated and promoted under Ratcliffe’s regime neube

He bought the most successful outfit in world cycling, then known as Team Sky; since rebranded as Ineos, but they have lost their pre-eminence and appear in an identity crisis neube

But if his initial emphasis is on the pitch – rather than the commercial side of the business the chief executive, Richard Arnold, oversees – there is an obvious focus on the director of neube football, John Murtough neube

Inside Old Trafford, there is already a recognition the team has achieved too little and their record in recruitment has been underwhelming since Sir Alex Ferguson retired neube

Some nevertheless feel that there is more structure and strategy since Ed Woodward handed over the reins: they can point to a new training centre for the women’s and academy teams, the appointment of Erik ten Hag, and a fine season last year neube

Sheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bn (AFP/Getty)Yet a stumbling, stuttering start to this season, the struggles of several recent signings and the reality that around £400m has been spent in the last two summers feels ill-timed neube

Accusations United have overpaid are scarcely new but will it prompt Ratcliffe to seek change behind the scenes? The initial noises are that, despite the team’s slump, Ten Hag is seen as far more of a solution than a problem, though it would be instructive to know if that stance were maintained should the next 10 games bring another six defeats neube

Shifts in ownership do not always bode well for incumbent managers, whereas the Dutchman has enjoyed the backing of Murtough and the Glazers neube

Ten Hag always projects an air of confidence and decisiveness but many at Old Trafford could be forgiven for wondering what Ratcliffe’s investment means and what comes next neube

If it has scarcely helped United that they have lingered in limbo for 11 months, since the Glazers put the club up for sale, a boardroom vote could instead bring about a time of uncertainty neube

More aboutJim RatcliffeGlazer familyJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/3How Ratcliffe can reshape Man Utd by addressing pivotal issueHow Ratcliffe can reshape Man Utd by addressing pivotal issueSir Jim Ratcliffe was named in second place in the Sunday Times Rich List 2023PA WireHow Ratcliffe can reshape Man Utd by addressing pivotal issueSheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bnAFP/GettyHow Ratcliffe can reshape Man Utd by addressing pivotal issueSir Jim Ratcliffe is in line to purchase 25 per cent of the Premier League club AFP/Getty✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today neube

SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsneube BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy neube

truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply neube

Hi {{indy neube

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Collin Morikawa claimed his first PGA Tour win for two years with a storming victory at the Zozo Championship in Japan neube

The 26-year-old American began the final day two off the lead but a seven-under-par round of 63 at Chiba carried him to victory by six shots ahead of Eric Cole and Beau Hossler neube

Morikawa, who is of Japanese heritage, carded seven birdies and no bogeys in a near perfect final round, finishing off in style with a birdie on the 18th for a 14 under par total neube

It brought him a first win since he claimed the DP World Tour Championship in Dubai in November 2021, which followed on from his victory at the Open the same year neube

Morikawa won his first major title at the PGA Championship in 2020 in only his second appearance at one of golf’s four biggest events, a year after his maiden PGA Tour victory at the Barracuda Championship neube

He was the first-round leader at Accordia Golf Narashino Country Club but seemed to have dropped out of contention after a disappointing second-round 73 and then a poor start to his third round but he finished it with five birdies from the final six holes to put himself in a good position going into Sunday neube

More aboutPA ReadyCollin MorikawaJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1Collin Morikawa ends title drought with six-shot victory in JapanCollin Morikawa ends title drought with six-shot victory in JapanMorikawa stormed to victory on Sunday Getty Images✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today neube

SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsneube BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy neube

truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply neube

Hi {{indy neube

fullName}}My Independent PremiumAccount detailsHelp centreLogout @keyframes spin{0%{transform:rotate(0)}to{transform:rotate(1turn)}} neube

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