Sir Jim Ratcliffe says Manchester United’s journey back to the top of world football starts now after completing his £1.3billion deal to become minority owner of the Premier League giants
A year and three months after the club announced a strategic review, and 58 days after a deal was struck, there is finally a new power structure in place at Old Trafford.
Ratcliffe has completed his purchase of 25 per cent of the shares owned by the Glazer family, who have been United’s majority owners since their controversial leveraged buyout in 2005.
The Ineos chairman paid 33 US dollars (£26) for each of those shares and the same price for 25 per cent of Class A shares, with 10 times fewer voting rights, following a tender process.
Ratcliffe takes control of football operations as part of the deal and plans to ramp up United’s rebuild after his team looked under the hood and began to make moves during the ratification process.
“To become co-owner of Manchester United is a great honour and comes with great responsibility,” the British billionaire said.
“This marks the completion of the transaction, but just the beginning of our journey to take Manchester United back to the top of English, European and world football, with world-class facilities for our fans.
“Work to achieve those objectives will accelerate from today.”
Faltering United have not added to their England record 20 league titles since Sir Alex Ferguson retired in 2013, winning just four major trophies in that period.
The Red Devils have lost their way under the Glazer family and Ratcliffe’s involvement brings new hope to Old Trafford.
United co-chairman Joel Glazer said: “I would like to welcome Sir Jim as co-owner and look forward to working closely with him and Ineos Sport to deliver a bright future for Manchester United.”
Ratcliffe’s ownership of United stands at 27.7 per cent as further shares were issued in return for his initial 200m US dollars (£158.5m) capital investment upon completion.
His ownership will increase to 28.9 per cent when he invests a further 100million US dollars (£79.2m) by December 31, 2024.
The outlay from Trawlers Ltd, a company wholly owned by Ratcliffe, is worth a total of 1.65bn US dollars (£1.3bn).
That deal received Premier League and Football Association approval last week and was officially confirmed on Tuesday evening.
The 71-year-old, who was born in Failsworth, Greater Manchester, was a United fan growing up and has been a regular presence around the club since the deal was announced on Christmas Eve.
That included Ratcliffe attending United’s Premier League match against Tottenham on January 14 and the Munich air disaster memorial at Old Trafford on February 6.
Sir Dave Brailsford, Ineos’ director of sport, has been an even greater presence and is set for a key role as Ineos takes control of football operations.
Changes have already started and United raised eyebrows across the football world last month when announcing Manchester City’s Omar Berrada as their new chief executive.
United are hoping to bring in Newcastle sporting director Dan Ashworth as part of their rebuild. The former Football Association technical director has been placed on garden leave after telling the Magpies he was leaving.
The completion of the deal marks the conclusion of a saga which began back in November 2022 when the Glazers announced plans for a strategic review, which could include the sale of the club.
Ratcliffe and Qatari businessman Sheikh Jassim were the front-runners when it became apparent a full sale would be considered, but the latter withdrew last October.
Ratcliffe’s focus shifted to the purchase of a significant minority stake, which has now finally been completed.
Veteran coach Harrison joins STETHS to lead athletic and football development
Renowned track and field coach, formerly of Munro College, Kingston College and Jamaica College, has taken his wealth of coaching experience to St Elizabeth Technical High School (STETHS), where he is set to play a key role in the development of the institution's sporting programmes.
Coach Harrison officially joined the STETHS team on September 2, after having worked with the school in an unofficial capacity during the summer.
Harrison, a seasoned Physical Education teacher and coach, will not only continue his role on the track but will also extend his expertise to the school’s football programme. His responsibilities at STETHS go beyond coaching, as he will be tasked with overseeing the school's entire sports programme, ensuring that there are comprehensive development initiatives in place for student-athletes.
Principal Keith Wellington, speaking on Harrison’s appointment, highlighted the coach’s experience and leadership qualities as crucial additions to the school’s sports culture. "Coach Harrison brings significant experience and maturity as a Physical Education teacher, coach, and mentor," Wellington said. "He is expected to provide guidance, mentorship, and technical leadership to our overall sports programmes. It is also expected that Coach Harrison's addition to the STETHS team will lead to more of our student-athletes optimizing their talents across our various school programmes."
In addition to his coaching duties, Harrison will serve as a classroom teacher at STETHS, fostering the holistic development of students both academically and athletically. His mandate also includes the coordination of sports activities, working closely with Wellington to ensure that STETHS’ co-curricular programmes are robust and inclusive.
Harrison’s distinguished coaching career includes stints at Kingston College, where he served from 2014 to 2018, and Jamaica College, where he led the school to victory in the ISSA Boys and Girls National Championships in 2021. Despite his success, his contract at Jamaica College was not renewed for the 2024/2025 academic year, paving the way for his new role at STETHS.
With his extensive experience and proven track record of success, Coach Harrison's presence is expected to enhance STETHS' already formidable sports tradition, especially in track and field and football. Principal Wellington remains confident that Harrison will provide the technical expertise and mentorship necessary to elevate the school's athletic achievements.
STETHS has long been known as a powerhouse in rural Jamaica, and the addition of Coach Harrison to the team signals their intent to continue that legacy while nurturing young talent for years to come.
Ronaldo 'entitled to his opinion', says Ten Hag after Man United criticism
Manchester United head coach Erik ten Hag has brushed aside Cristiano Ronaldo's latest comments as he continues to block out the criticism surrounding his tenure.
Ronaldo, who recently surpassed 900 career goals during the international break, returned to Old Trafford in 2021 for a second stint at the club he made his name at.
The Portugal international netted 27 goals in 55 appearances in all competitions across one and a half seasons but fell out of favour under Ten Hag before joining Al Nassr in December 2022.
During the 2021-22 season, no one registered more goal contributions in the Premier League for United than Ronaldo (21, 18 goals and three assists), while he also produced an expected goals tally (xG) of 17.75, also the highest in the Red Devils squad.
And speaking to former United team-mate Rio Ferdinand on a podcast, Ronaldo said Ten Hag had been wrong to say in a pre-season interview that the club were "a long way away" from winning the Premier League.
When questioned about the veteran forward's comments, Ten Hag said: "No, he said this, if you read the article very well.
"He is entitled to his opinion. It's OK. He is far away in Saudi, far away from Manchester."
United headed into the international break off the back of successive defeats in the Premier League, the latest coming in a 3-0 humbling against arch rivals Liverpool.
The Red Devils have now lost as many as two of their first three league games in a season for the second time under the Dutchman's tenure (also 2022-23).
They last lost three of their first four back in 1986-87, when Ron Atkinson was sacked and replaced by Sir Alex Ferguson.
While United are unbeaten in their last 12 Premier League away games against the Saints, the encounter at St. Mary's seems a seismic one for Ten Hag's future at the club.
The two-week break since the Liverpool defeat has seen Ten Hag's future widely discussed, but the Dutchman insisted that the outside noise did not bother him.
"It doesn't impact me. I know where we are in the process and what we have to do and where we are going," Ten Hag said.
"I have said before we are still in a transition period.
"We have to integrate a lot of young players in the team and still have to deal with injuries and bring players back into the team.
"Before anyone thinks about excuses, no, we have to win every game. I know that. The team knows that. It doesn't matter who is available."
Chicago Fire v New York Red Bulls: Klopas seeking to overcome slow starts
Chicago Fire head coach Frank Klopas insisted his side must overcome their slow start against D.C. United in order to push for the playoffs ahead of facing the New York Red Bulls this weekend.
Klopas watched on as his side conceded twice in three minutes midway through the first half against D.C. as Christian Benteke and Gabriel Pirani’s struck to secure the triumph for the visitors.
The result leaves the Fire 14th in the Eastern Conference standings, with Klopas stressing the importance of energy from the first whistle to his players.
“We needed to come out with energy. If we did that, I felt that we were in the game,” Klopas said.
“We got that goal. And then, if you see the second half, the amount of possession, and it's a team that was sitting back, looking to counter.
“We get in good spots, and then our ability in the final 25 yards from goal, whether it's just making a play, the quality of the crosses coming in, connecting, we get in really good spots and we need to be better and sharper in the final third, in those areas.”
The Red Bulls, meanwhile, played out a 13th draw of the season on home soil against Kansas City last time out, with 16-year-old Julian Hall snatching a point in the final minute of normal time.
It marked just their second goal from their last three MLS fixtures since returning from the Leagues Cup, and they have since lost pace with the top three in the Eastern Conference but are still four points ahead of rivals New York City FC in fourth place.
Head coach Sandro Schwarz acknowledged his side's difficulties in the final third of late but insisted that his squad have addressed their lack of confidence at the top end of the pitch.
“I think it is also from the mental side,” Schwarz said. “When you did not have the best game last week, and then you concede the first goal, it is not easy for a young team.
“On this point, I am very happy we were able to get this point. This is what we can improve, and this is what we have done also to create more of these moments in the final third.
“We had big chances throughout the game, but from this point you need a goal to give you confidence to believe in your quality – this is what we have to do."
PLAYERS TO WATCH
Chicago Fire – Andrew Gutman
Gutman scored Chicago’s only goal against D.C. from outside the box, the seventh Fire goal from outside the penalty area in 2024.
Chicago last scored more goals from outside the box in the 2012 season (13).
NYRB – Cory Burke
Burke has scored 28 career regular season MLS goals with eight of those coming against this weekend’s opponents.
The Jamaican has not scored more than three goals against any other MLS opponent but has scored at least once in every season he’s faced the Fire from 2018 to 2023.
MATCH PREDICTION: NYRB WIN
The Fire are unbeaten in four straight meetings with the Red Bulls (W1 D3), including a scoreless draw at Red Bull Arena in April. Chicago last went five straight unbeaten against New York in all competitions from August 2010 to June 2012 (W2 D3).
However, they have lost three straight home matches in all competitions for the third time since the start of last season. Chicago had lost three straight home matches in all competitions just twice in the club’s first 25 seasons and have never lost four in a row at home before.
While coming into the encounter as favourites, eight of the Red Bulls’ last 11 regular season matches have ended in draws (W2 L1), including all four on the road during that time. They are also winless in six straight regular season road games (D4 L2) since a win at D.C. United in May.
OPTA WIN PROBABILITY
Chicago Fire – 27.3%
Draw – 24%
NYRB – 48.7%
SportsMax is the Caribbean sports channel of choice, committed to providing sporting content of the highest quality to the Caribbean, delivered by a team of highly innovative, passionate and qualified professionals.
(876) 619-7629
digitalmedia@sportsmax.tv
