Sir Jim Ratcliffe will provide a 'transfer war chest' for Erik ten Hag to overhaul his Manchester United squad in January, according to reports.
26.10.2023 - 08:09 / manchestereveningnews.co.uk
Former Manchester United captain Gary Neville has questioned how prospective investor Sir Jim Ratcliffe can 'feed five hungry beasts' amid the prospect of him securing a 25 per cent investment in the club.
Ratcliffe, who is a lifelong United supporter, is understood to be edging closer to securing a majority stake in the club and providing fresh investment. He is now the frontrunner to provide the Reds with a cash injection after Qatari banker Sheikh Jassim bin Hamad al Thani withdrew from the takeover race earlier this month.
Though nothing has yet been signed and sealed between Ratcliffe and the Glazer family, it has been reported elsewhere that the British billionaire will have a huge say in the direction the club takes on the pitch. It has been claimed he will head up a team that oversees football operations.
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United's supporters, following the Glazers' announcement that they would seek fresh investment in November last year, have always demanded for the American-based family to sell the club, calling for nothing but a full sale. That, however, is now unlikely to happen anytime soon
Though Ratcliffe's expected investment could potentially give United a lift in terms of the playing squad, Neville, it seems, has raised concerns about how the Failsworth-born billionaire, with just a minority stake, can fund the Glazers, the New York Stock Exchange (NYSE) and clear nearly £1billion worth of debt.
Taking part in a Q&A on X, formerly known as Twitter, on Thursday morning, Neville was asked by one United supporter: "Thought's on Sir Jim Ratcliffe's 25 per cent bid and keeping the
Sir Jim Ratcliffe will provide a 'transfer war chest' for Erik ten Hag to overhaul his Manchester United squad in January, according to reports.
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