Manchester United have announced INEOS Group chairman Sir Jim Ratcliffe will buy a 25 per cent stake in the club.
Here the PA news agency takes a look at some of the key questions following the £236million deal.
What does it mean for the club’s ownership?
In the short-term, not much, given the Glazer family are still majority shareholders.
However, under the agreement, INEOS has accepted a request by the board to be delegated responsibility “for the management of the club’s football operations”.
This is set to include “all aspects” of both the men’s and women’s teams as well as the academies. Just how Ratcliffe and the INEOS Group will implement those on a day-to-day basis remains to be seen – which has already been highlighted by the Manchester United Supporters Trust.
So when will the INEOS Group start their new job?
Detailed and complicated discussions have been going on for some time – but the announcement on Christmas Eve does not mean everything has been signed off.
United’s statement noted the deal was still “subject to customary regulatory approvals” which is expected to take some time.
The process must be ratified by the Premier League and also an official announcement made via the New York Stock Exchange.
Given the Christmas and New Year holidays, there have been suggestions it could take up to six weeks for changes to the club’s ownership to be established with all the relevant parties – which would come right in the middle of a key January transfer window.
What changes are their likely to be in the boardroom?
Lifelong United supporter Ratcliffe will bring with him plenty of sports administration experience – from owning French Ligue 1 side Nice, the INEOS Grenadiers elite cycling team, the Britannia sailing team fronted by Sir Ben Ainslie as well as a holding in Formula One with Mercedes.
Along with structural change, it is expected Ratcliffe will look to bring in some fresh personnel.
Sir Dave Brailsford, former performance director for British Cycling and current director of sport for INEOS, is reported to be in line for a key role at Old Trafford – as is INEOS Sport chief executive Jean-Claude Blanc, who has also held key positions with Juventus and Paris St. Germain.
Manchester United’s director of football, currently John Murtough, is another role which has been suggested could be under review once the INEOS deal is formally approved.
So what about manager Erik ten Hag?
United suffered a 13th defeat of a so-far uninspiring campaign when beaten 2-0 at West Ham on Saturday – the most they have lost before Christmas since 1931.
Despite being well off the pace in the Premier League and failing to reach the knockout stage of the Champions League, Dutchman ten Hag insists he can turn things around again.
Sir Jim Ratcliffe has vowed to return United to “the very top of English, European and world football” – which means results will either have to improve or INEOS could well implement some of that “delegated responsibility” in the dugout.
What else will be on the ‘to-do’ list?
As well as refurbishing the debt-laden club’s infrastructure under the agreement, INEOS will inject £158m (USD 200m) to upgrade Old Trafford.
The on-going renovations are much needed – with reports of roof leaks and a feeling of out-dated concourses which leaves United behind many of their Premier League rivals (not to mention over at the Etihad Stadium).
Ratcliffe’s pledge to see United competing with the best on the pitch again is also not likely to come cheap in the transfer market or be a quick fix – and neither will be unifying the fanbase once again on the back of what MUST feel has been “18 years of debt, decay and mismanagement”.
'I will keep fighting' - Ten Hag adamant he is the right manager for Man Utd
Erik ten Hag insists that he is the right man for the job at Manchester United despite their 4-0 thrashing at the hands of Crystal Palace on Monday.
Michael Olise netted twice against a sorry United team at Selhurst Park, with Jean-Philippe Mateta and Tyrick Mitchell also getting on the scoresheet.
It is the first time that Palace have done the double over the Red Devils in the Premier League, as United extended their winless run on the road to five games.
There has been a lot of speculation over Ten Hag’s future following a disappointing second campaign in charge, with just one year left on his contract.
Asked if he was the right manager for United, he told Sky Sports: "Absolutely. If the right players are there and available, we have a good squad, but are missing the whole backline – we had problems.
"I will keep fighting. I prepared the team in the best way I could do. It was not good enough, by far – I have to take responsibility for that. But I will find energy and prepare them for Sunday’s game.
"At the end of the day, I have to do it with the players who are available. All season, we have huge [injury] problems. Many times we have sorted it out. Today we didn’t."
United have struggled with injury problems all season, with Harry Maguire and club captain Bruno Fernandes joining the lengthy list of players missing against Palace.
Ten Hag highlighted the lack of defensive options at his disposal but did not make excuses for the poor performance, adding: "It’s clear and obvious – this is underperforming. It’s not good enough. We are very disappointed in this. Our fans were behind us all the way – we should have kept fighting like the fans did.
"There are always reasons. Everyone sees our backline, we have huge problems, but at the end of the day we have to deal with it – we should have done better than we did.
"We know [how damaging it could be], but we have nine points to play, so we have to fight for the nine points."
Man Utd thrashing a 'big statement' but Palace are not surprised, says Eze
Eberechi Eze says Crystal Palace's 4-0 thrashing of Manchester United is a "big statement" but insists there should be little surprise that it happened.
Micheal Olise scored twice as Palace ran riot against the sorry Red Devils at Selhurst Park on Monday.
Jean-Philippe Mateta and Tyrick Mitchell also got in on the act as Palace sealed their first league double over United.
Palace have now won four of their last five Premier League games, with Oliver Glasner having turned the tide in the past few weeks.
Speaking to Sky Sports, Eze said: "It says a lot, it's a big statement, but we're not surprised.
"We know what we're capable of, we know what we can do. The quality we've got in the dressing room is high – we don't see it as a surprise. We know what we came here to do today, it worked.
"You can see we’re creating chances, we're not worried about what's going on behind us. We're attacking, pressing, we're aggressive – we're going to continue to create chances for sure."
Also speaking to Sky Sports, Glasner said: "Congratulations to the team. I think in the first half, we didn't play as well as we could, but we were very efficient and scored very nice goals.
"At half-time, we made some adaptations, and the second half was much better. We created a lot of chances, scored some nice goals, and it's a great win.
"We know we have quality when we get our players in situations to score a goal.
"Good players, a good team spirit, but we must always stay humble. It's not so long ago we were struggling [in a relegation battle]. We are doing well, but we have a lot to improve."
This was Palace's biggest Premier League win since beating Leeds United 5-1 in April 2023, while it also marked their biggest on home soil in the competition since a 5-0 victory over Leicester City in April 2018.
Udinese 1-1 Napoli: Struggling Bianconeri grab last-gasp home draw
Napoli were held to a 1-1 draw at relegation-battling Udinese in Serie A on Monday after a stoppage-time goal by forward Isaac Success cancelled out a Victor Osimhen header.
Osimhen nodded home to give Napoli the lead in the 51st minute after Matteo Politano sent a lofted cross from the right into the middle of the box, and the Nigerian striker headed the ball in off the left post.
The Nigerian thought he doubled their advantage in the 80th minute, but his effort was ruled out for offside, before Success bundled in the leveller in stoppage time, netting from a Thomas Kristensen header.
Napoli moved up to eighth on 51 points from 35 games and are nine points behind both fifth-placed Atalanta and Roma, in sixth.
Data Debrief:
Osimhen is the third Napoli player to score in six matches in a row against a single team in Serie A in the three-points-for-a-win era, after Gonzalo Higuain against Lazio between 2013 and 2016 and Dries Mertens against Bologna between 2016 and 2019.
Despite fighting back to earn a point, Udinese have now failed to win three games under a new manager for the first time since August-September 2010 under Francesco Guidolin.
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