Rasmus Hojlund claimed to be the “happiest man alive” after breaking his Premier League duck to earn Manchester United a stunning 3-2 comeback win over Aston Villa.

Under-fire striker Hojlund, who cost an initial £64million from Atalanta in the summer, grabbed the 82nd-minute winner on his 15th top-flight appearance.

Villa were on course to move level on points with Liverpool at the top of the table following first-half finishes from John McGinn and Leander Dendoncker before Alejandro Garnacho’s double brought the hosts level.

Hojlund’s decisive strike, which followed five goals in the Champions League, further eased the pressure on manager Erik ten Hag as United celebrated victory in their first match since Sir Jim Ratcliffe’s investment in the club was confirmed.

“It’s been a while but I’m happy,” the 20-year-old Denmark international told Amazon Prime.

“I’m the happiest man alive right now – you can see in the celebrations as well. We believe until the end and we showed a lot of character again today.”

United had failed to score in their previous four matches in all competitions and looked set to see their winless run stretch to five matches before the dramatic turnaround.

Hojlund hopes to increase his tally in the league after ending his lengthy wait to hit the net.

“I’ve scored a couple in the Champions League but of course it’s been a while in the Premier League,” he said.

“I’m happy to get the first one and now hopefully I can keep going.”

Rasmus Hojlund’s long-awaited first Premier League goal completed a stunning comeback as Manchester United recovered from 2-0 down to beat high-flying Aston Villa 3-2 at Old Trafford.

Villa appeared to be heading level on points with league leaders Liverpool after goals from John McGinn and Leander Dendoncker put them 2-0 up inside 26 minutes, but United found a rousing response in the second half, with Alejandro Garnacho scoring twice before Hojlund won it in the 82nd minute.

The result was badly needed by Erik ten Hag after four games without a win or even a goal, and with INEOS director of sport Sir Dave Brailsford watching on from the director’s box two days after Sir Jim Ratcliffe’s imminent investment in the club – and control of footballing matters – was confirmed.

And the goal was badly needed by £72million man Hojlund, who had gone 16 games without finding the net in domestic competition, despite finishing United’s ill-fated Champions League campaign as their top scorer.

At half-time, boos had rung out around the stadium with United seemingly on their way to a 14th defeat of the season.

By full-time, there was an almighty cheer and United, who have rarely seemed far from a crisis this season, were up to sixth in the table.

Ratcliffe’s minority shareholding brings the promise of change but it is not the clean break from the hated Glazer family most United fans crave. Chants against their American owners surfaced almost immediately after kick-off.

Brailsford, due to take a seat on the football club board once Ratcliffe’s 25 per cent minority stake-holding is ratified by the Premier League, would have been worried by what he saw as Villa made scoring against United look all too simple.

The opening goal came 21 minutes in. United seemed too easily distracted by Leon Bailey standing behind Andre Onana as McGinn lined up a free-kick wide on the right and, as Bailey sprinted away, the ball curled its way through the crowd and into the net.

Barely five minutes later, the second goal looked even more straightforward as McGinn’s corner found Clement Lenglet unmarked at the back post, and he headed it back in for Dendoncker to score his first Villa goal with an almost lazy flick of the boot.

United belatedly stirred into action but could not score before the break as Marcus Rashford, starting for the first time since December 2, passed up two opportunities.

Two minutes into the second half Rashford teed up Garnacho, who rounded Emiliano Martinez to finish but VAR found the Argentinian had been a fraction offside.

United took encouragement though. Martinez was fortunate to just beat Rashford to the ball in the 54th minute, leaving the England forward in a heap.

Rashford was slow to get up, but moments later helped United get back into the game, racing down the left and playing the ball across for Garnacho, onside this time, to sweep home.

Onana had to make a smart save to deny Bailey an immediate response but United were now on top in what had become a frantic encounter.

The equaliser came after 71 minutes. Clement Lenglet could not properly cut out Bruno Fernandes’ cross, and the ball bounced kindly for Garnacho to hit a left-footed shot which deflected off Diego Carlos to beat Martinez.

Emery, frantically bouncing along his touchline in the first half, was now calling for calm. It almost worked for Villa as Alex Moreno sprang forward down the left and found McGinn, whose goal-bound shot was flicked clear by Jonny Evans.

Evans then played a role in the winning goal. The Northern Ireland defender got a flick on Fernandes’ corner, which then struck McGinn’s knee, bouncing up for Hojlund to hook home on the volley, delivering relief to all in United red.

Rasmus Hojlund broke his Premier League duck as Manchester United celebrated Sir Jim Ratcliffe’s investment in the club by battling back from two goals down to beat Aston Villa 3-2.

Villa were on course to move level on points with Liverpool at the top of the Premier League table following first-half goals from John McGinn and Leander Dendoncker at Old Trafford.

But the hosts levelled thanks to Alejandro Garnacho’s double before 20-year-old Hojlund, who cost an initial £64million from Atalanta in the summer, stole the headlines with an 82nd-minute winner on his 15th top-flight appearance.

The rousing comeback victory came two days after Ratcliffe agreed to buy a 25 per cent stake in United and ended a four-match winless run without scoring to ease mounting pressure on manager Erik ten Hag.

Ten Hag’s side rise to sixth, while Villa remain third after blowing a major opportunity.

Earlier on Boxing Day, Liverpool climbed to the summit after Darwin Nunez ended his goal drought in a 2-0 success at second-bottom Burnley.

Nunez fired Jurgen Klopp’s men into a sixth-minute lead at Turf Moor with his first strike in 13 matches in all competitions before substitute Diogo Jota sealed victory late on with his 50th goal for the club.

Mohamed Salah hit the crossbar and Harvey Elliott saw his second-half strike ruled out for offside with the score still 1-0, while Jacob Bruun Larsen almost snatched an equaliser for the Clarets.

Victory for the Reds lifted them two points above Arsenal, who host West Ham on Thursday, while lowly Burnley are five points from safety following a 14th defeat of the season.

Chris Wood retuned to haunt Newcastle with a stunning hat-trick as Nottingham Forest handed new boss Nuno Espirito Santo the first Premier League victory of his reign.

Wood, who joined Forest from the Magpies in January, produced two fine second-half finishes to secure a 3-1 comeback success at St James’ Park.

Newcastle went ahead through Alexander Isak’s 23rd-minute penalty but slipped to a sixth defeat in seven games in all competitions after Wood tapped home Anthony Elanga’s cross just before the break and went on to complete his treble in style.

Forest remain two points above the relegation zone after 18th-placed Luton pulled off a 3-2 success at bottom club Sheffield United thanks to two late own goals.

Blades pair Jack Robinson and Anis Ben Slimane each turned the ball into their own goal during the final 14 minutes of a chaotic clash at Bramall Lane.

Chris Wilder’s hosts had looked set for a vital three points after second-half strikes from Oli McBurnie and Anel Ahmedhodzic overturned Alfie Doughty’s 17th-minute opener.

In-form Bournemouth continued their remarkable resurgence by moving into the top half of the table thanks to a thumping 3-0 victory over Fulham.

Justin Kluivert put the Cherries ahead just before half-time at Vitality Stadium before Dominic Solanke’s eighth goal in seven games – a penalty after Joao Palhinha brought down Antoine Semenyo – doubled the lead.

Substitute Luis Sinisterra sealed an emphatic success late on as Andoni Iraola’s hosts made it 19 points from the last 21 available.

Sir Jim Ratcliffe has directly contacted fans after agreeing to buy a 25 per cent stake in Manchester United, telling them he takes his responsibility to put the club back on top of world football “very seriously” but also calling for patience.

United announced on Christmas Eve that Ratcliffe, the chairman of INEOS, had finalised a £1.25billion deal for a share of the Premier League outfit and will invest more than £236m to refurbish the debt-laden club’s infrastructure.

INEOS will also take over the management of United’s football operations. INEOS director of sport Sir Dave Brailsford attended United’s match against Aston Villa at Old Trafford on Tuesday night.

Ratcliffe has now written to the Manchester United Supporters’ Trust, the Fans’ Forum and the Fans’ Advisory Board insisting INEOS “are in for the long-term” but advising that success on the pitch “will require time and patience”.

“I wanted to write to you at this time given the critical role of the fans to the future of Manchester United as we recognise our responsibility as custodians of the club on your behalf,” Ratcliffe wrote, echoing various sentiments expressed in a Christmas Eve statement outlining his ambitions for the club.

“I believe we can bring sporting success on the pitch to complement the undoubted commercial success that the club has enjoyed.

“It will require time and patience alongside rigour and the highest level of professional management.

“You are ambitious for Manchester United and so are we. There are no guarantees in sport, and change can inevitably take time but we are in it for the long term and together we want to help take Manchester United back to where the club belongs, at the very top of English, European and world football.

“I take that responsibility very seriously.

“Please note that, as with any deal, it is subject to the usual regulatory sign-off process and therefore we do not expect to speak publicly about club matters until after the deal is completed.”

It is understood that Premier League approval for Ratcliffe’s investment could take between four and six weeks.

The 71-year-old Ratcliffe, a childhood United fan who was born in nearby Failsworth, agreed his stake in the club following an ownership saga that lasted 13 months.

The club’s United States-based owners, the Glazer family, revealed their intention to undertake a strategic review of their options, including the possibility of selling up, in November 2022.

Ratcliffe and Qatari businessman Sheikh Jassim were both in the running to oversee a buyout of the club until October.

Sheikh Jassim withdrew his bid for full control of the club on October 14, with Ratcliffe’s focus shifting to taking a significant minority stake.

Sir Jim Ratcliffe has reached out to fans after agreeing to buy a 25 per cent stake in Manchester United, telling them he takes his responsibility to put the club back on top of world football “very seriously” but also calling for patience.

United announced on Christmas Eve that Ratcliffe, the chairman of INEOS, had finalised a £1.25billion deal for a share of the Premier League outfit and will invest more than £236m to refurbish the debt-laden club’s infrastructure.

INEOS will also take over the management of United’s football operations.

Ratcliffe has now written to the Manchester United Supporters’ Trust, the Fans’ Forum and the Fans’ Advisory Board insisting INEOS “are in for the long-term” but advising that success on the pitch “will require time and patience”.

“I wanted to write to you at this time given the critical role of the fans to the future of Manchester United as we recognise our responsibility as custodians of the club on your behalf,” Ratcliffe wrote, echoing various sentiments expressed in a Christmas Eve statement outlining his ambitions for the club.

“I believe we can bring sporting success on the pitch to complement the undoubted commercial success that the club has enjoyed.

“It will require time and patience alongside rigour and the highest level of professional management.

“You are ambitious for Manchester United and so are we. There are no guarantees in sport, and change can inevitably take time but we are in it for the long term and together we want to help take Manchester United back to where the club belongs, at the very top of English, European and world football.

“I take that responsibility very seriously.

“Please note that, as with any deal, it is subject to the usual regulatory sign-off process and therefore we do not expect to speak publicly about club matters until after the deal is completed.”

It is understood that Premier League approval for Ratcliffe’s investment could take between four and six weeks.

The 71-year-old Ratcliffe, a childhood United fan who was born in nearby Failsworth, agreed his stake in the club following an ownership saga that lasted 13 months.

The club’s United States-based owners, the Glazer family, revealed their intention to undertake a strategic review of their options, including the possibility of selling up, in November 2022.

Ratcliffe and Qatari businessman Sheikh Jassim were both in the running to oversee a buyout of the club until October.

Sheikh Jassim withdrew his bid for full control of the club on October 14, with Ratcliffe’s focus shifting to taking a significant minority stake.

What the papers say

Chelsea are looking at a double January raid on Lisbon side Sporting, according to the Evening Standard. Ivory Coast defender Ousmane Diomande, 20, and Sweden striker Viktor Gyokeres, 25, are in the Blues’ sights.

Manchester City are in talks with River Plate midfielder Claudio Echeverri. The Times reports City plan to loan the 17-year-old back to the Argentinian side, who have a £21.4million release clause in his contract.

Sunderland midfielder Pierre Ekwah, 21, is catching the eye of several Premier League clubs, reports the Evening Standard. Sunderland are keen to keep the French youngster but Crystal Palace, Fulham and Nottingham Forest are all circling.

Ole Gunnar Solskjaer is close to making a return to management, according to the Daily Mirror. The former Manchester United manager, 50, is the front runner to take over at Turkish club Besiktas.

Social media round-upPlayers to watch

Said Benrahma: West Ham’s 28-year-old Algeria winger is interesting Lyon, according to talkSPORT.

Roberto Firmino: Steven Gerrard’s Al-Ettifaq could takes the former Liverpool forward, 32, from Saudi Pro League rivals Al-Ahli.

Erik ten Hag admits Manchester United need to get Old Trafford rocking in a bid to put their season back on track.

United host high-flying Aston Villa on Boxing Day, three days after slumping to a 2-0 defeat at West Ham, in what will be their first game since it was announced that Sir Jim Ratcliffe has agreed to buy a 25 per cent stake in the club.

The Hammers defeat was their 13th loss in 26 matches this term, and a 20th defeat in 2023 – their worst tally in a calendar year since 1989.

Liverpool boss Jurgen Klopp criticised the atmosphere at Anfield following their Carabao Cup win over the Hammers last week, and Ten Hag knows he needs to give the Old Trafford faithful something to shout about.

“I am sure they are very disappointed in us and we have to put things right and do things different,” said the United chief.

“We appreciate all the time they are supporting us. With all the setbacks this season, they are all the time behind us and we really appreciate that. Of course we need any help but first of all I and the team have to do it.”

United have suffered their most defeats before Christmas since 1931, and need to bounce back against a Villa side threatening an unlikely title challenge.

“Villa is a different side in very good form, a very good team,” added Ten Hag.

“If you are creating the chances you have to take them, otherwise you don’t win games. That’s clear.

“I am not disappointed by the attitude, but of course we know what the standard is at Manchester United.

“We have to win as a team therefore responsibility we have to take as a team and every individual has to contribute 100 per cent in that responsibility.”

Ten Hag hopes to be able to call on centre-half Raphael Varane, who missed the defeat at West Ham through illness, while winger Amad Diallo could also be involved having returned to training after a knee injury.

United fans will be heading to Old Trafford in the wake of the Christmas Eve announcement that Ineos Group chairman Ratcliffe has agreed a £1.25billion deal with the Glazer family, the club’s American owners.

Ratcliffe, 71, a boyhood United fan, will inject around £236million, with Ineos set to take over the management of the club’s football operations.

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”.

Gary Neville has described Manchester United’s year a “disgrace to the end” after Sir Jim Ratcliffe’s acquisition of a 25 per cent stake in the club was announced on Christmas Eve.

Neville wished Ineos Group chairman Ratcliffe, 71, a childhood United fan who was born in nearby Failsworth, “all the very best” in attempting to return the club to former glories.

But former United captain Neville questioned the timing of the announcement, which came at 4pm on Christmas Eve, writing on X: “Manchester United 2023 has been a disgrace to the end.

“The timing of this is truly awful and no functioning organisation would even think about it.

“Anyway all the very best to Jim Ratcliffe and I hope he can somehow work out a way to get the club right again and back to being something respectable on and off the pitch.”

Ratcliffe’s purchase of a 25 per cent stake comes after the club’s United States-based owners, the Glazer family, revealed their intention to undertake a strategic review of their options, including the possibility of selling up.

United have suffered a poor season so far, losing more matches before Christmas than in any season since 1930 and have not scored for four games – their worst run for 30 years.

Erik ten Hag’s side have dropped to eighth in the Premier League, eight points from fourth-placed Tottenham, and finished bottom of their Champions League group.

Ratcliffe has agreed to inject around £236million into the club and Ineos will take over the management of United’s football operations.

But Manchester United Supporters Trust has questioned how the relationship between the Glazer family and the Ineos Group will work, calling on the club’s owners to clarify the situation.

MUST also said fans would be left with “mixed feelings” after Ratcliffe’s investment left the Glazers still in overall charge at Old Trafford.

“During 18 years of debt, decay and mismanagement, Manchester United fans have loudly and consistently called for change at our club,” a statement from MUST read.

“When the so-called Strategic Review was announced nearly a year ago, it finally appeared that the sale of the club was on the horizon, potentially bringing the new investment and new direction MUFC so clearly needs.

“Against that backdrop, fans have very mixed feelings today. We welcome the investment from a boyhood red, Sir Jim Ratcliffe and his Ineos company, but many will wish his ownership stake was greater than the initially rumoured 25 per cent.

“We note the statements that he and his team will control sporting activities, yet puzzle how any organisation can put its very core business in the hands of a minority shareholder, and how that meaningfully works in practice.

“It is now incumbent on the club’s owners and management to properly explain how this new structure will work, where the new investment will be directed and how it will benefit the team on the field.

“As the supporters’ trust, we expect to have discussions with the club management and the Ineos team in the near future to understand their plans, and to put to them the very many questions fans have today.

“Today might – just might – be a step forward for Manchester United after some very difficult years. But with the Glazers still in charge, people should understand that United fans will remain sceptical and wait for the proof in the pudding.”

It is understood that Premier League approval for Ratcliffe’s investment could take between four and six weeks.

Sir Jim Ratcliffe has vowed to return Manchester United to “the very top of English, European and world football” after agreeing a £1.25billion deal to buy a 25 per cent stake in the club.

The Old Trafford outfit announced on Christmas Eve that the chairman of INEOS, who will assume delegated responsibility for football operations, had entered into an agreement, which is “subject to customary regulatory approvals”, which will also see him invest US dollars 300million – more than £236million – to refurbish the debt-laden club’s infrastructure.

However, it is boyhood fan Ratcliffe’s promise to put United “back where we belong” which will excite fans who have been in open revolt against owners the Glazer family, who launched a strategic review of the business in November last year.

Ratcliffe said: “As a local boy and a lifelong supporter of the club, I am very pleased that we have been able to agree a deal with the Manchester United board that delegates us management responsibility of the football operations of the club.

“Whilst the commercial success of the club has ensured there have always been available funds to win trophies at the highest level, this potential has not been fully unlocked in recent times.

“We will bring the global knowledge, expertise and talent from the wider INEOS Sport group to help drive further improvement at the club, while also providing funds intended to enable future investment into Old Trafford.

“We are here for the long term and recognise that a lot of challenges and hard work lie ahead, which we will approach with rigour, professionalism and passion. We are committed to working with everyone at the club – the board, staff, players and fans – to help drive the club forward.

“Our shared ambition is clear: we all want to see Manchester United back where we belong, at the very top of English, European and world football.”

Under the agreement, INEOS will acquire 25 per cent of the Class B shares owned by the Glazers and tender an offer for up to 25 per cent of the Class B shares at USD33 each in a deal which will not add to the club’s existing debt.

In addition, he will inject USD200million – £158million – on completion to upgrade Old Trafford and a further USD100million – £79million – by the end of 2024, taking his total investment to around £1.25billion.

Executive co-chairmen and directors Avram Glazer and Joel Glazer, who announced a strategic review 13 months ago, said: “We are delighted to have agreed this deal with Sir Jim Ratcliffe and INEOS.

“As part of the strategic review we announced in November 2022, we committed to look at a variety of alternatives to help enhance Manchester United, with a focus on delivering success for our men’s, women’s and academy teams.

“Sir Jim and INEOS bring a wealth of commercial experience as well as significant financial commitment into the club. And, through INEOS Sport, Manchester United will have access to seasoned high-performance professionals, experienced in creating and leading elite teams from both inside and outside the game.

“Manchester United has talented people right across the club and our desire is to always improve at every level to help bring our great fans more success in the future.”

Ratcliffe found himself engaged in a lengthy battle with Qatari businessman Sheikh Jassim after it became apparent that the club – or ultimately part of it – could be up for sale.

Sheikh Jassim withdrew his bid for full control in October with a long-running saga showing little sign of reaching a conclusion until Ratcliffe’s focus shifted to the pursuit of a significant minority stake.

The deal was announced by United at 4pm on Sunday in a statement which read: “The joint ambition is to create a world-class football operation building on the club’s many existing strengths, including the successful off-pitch performance that it continues to enjoy.”

The Red Devils have not lifted the Premier League trophy since 2012-13, Sir Alex Ferguson’s last season at the helm, and last won the Champions League in 2008.

Confirmation of INEOS’ investment was given a guarded welcome by the Manchester United Supporters Trust.

A statement read: “Today might – just might – be a step forward for Manchester United after some very difficult years. But with the Glazers still in charge, people should understand that United fans will remain sceptical and wait for the proof in the pudding.”

Former United defender Gary Neville was less than impressed by the timing of the announcement.

“Manchester United 2023 has been a disgrace to the end,” he wrote on X.

“The timing of this is truly awful and no functioning organisation would even think about it.

“Anyway all the very best to Jim Ratcliffe and I hope he can somehow work out a way to get the club right again and back to being something respectable on and off the pitch.”

Sir Jim Ratcliffe has become part owner of Manchester United as one of the UK’s richest men has bought a 25 per cent stake in the club he supported as a boy.

The billionaire has bought a share in the Old Trafford club, worth a reported £1.25billion, after Sheikh Jassim bin Hamad Al Thani withdrew his interest to end a lengthy process where he tried to buy the club outright.

The 71-year-old has a reported net worth £12.5billion thanks to the success of global chemical company Ineos, which has enjoyed exponential growth since he founded it in 1998, and will assume delegated responsibility for the club’s football operations. He will also invest an additional 300 million US dollars (£236.7million) into the club’s infrastructure.

Ratcliffe has been chairman throughout and has seen the company go from 400 employees to 26,000 and annual revenues of around £52.5bn.

Ineos has diversified its interests over the years to incorporate consumer brands and sports interests, which now includes the club Ratcliffe grew up supporting.

Born in Failsworth in 1952, a “quite deep-rooted” passion for United grew as he spent the first 10 years of his life in the Greater Manchester town.

Ratcliffe’s family eventually moved to Hull before he went onto to study chemical engineering at Birmingham University, then gain an MBA from London Business School.

He began his career at Exxon Chemicals before moving to Courtaulds and in 1992 led the buyout of Inspec Group plc, mortgaging his house to help complete that deal.

Six years on, he bought a plant in Antwerp, Belgium from Inspec for £84million and formed Ineos, which has gone onto become a chemical giant.

Ratcliffe – who received a knighthood the 2018 for services to business and investment – remains chairman of the company, which has developed a varied sporting portfolio over recent years.

Ineos Grenadiers are a leading professional cycling team and Sir Ben Ainslie-led Ineos Britannia is the Challenger of Record for the 37th America’s Cup.

The company is principal partner to the Mercedes Formula One team, performance partner to New Zealand’s rugby union teams and supported Eliud Kipchoge’s bid to run a sub-two hour marathon.

Ineos is now looking to take its football ownership to another level, having taken over Swiss Super League team FC Lausanne-Sport in 2017 and acquired Ligue 1 club Nice two years later.

In 2022, Ratcliffe saw a last-ditch £4.25bn bid for Chelsea – a club he grew a “split allegiance” for during his time in London – rejected.

“I am a season ticket holder at Chelsea,” the billionaire told the Daily Telegraph in 2018. “Have been for years, although I’m a Manchester United fan really. Or was… but it’s not getting any better (at United).

“It’s gone from bad to catastrophic. Talk about a glass half-empty.”

Things have improved on the field lately, but there is plenty of work to do away from it, which is why so many United fans are grateful that Ratcliffe has bought a stake in the club.

He said in October 2022 that he “can’t sit around hoping that one day Manchester United will become available” after Joel and Avram Glazer indicated to him that they did not want to sell.

But the following announcement that a full or partial takeover would be considered moved the goalposts,  paving the way for Ratcliffe’s investment in United.

Ineos Group chairman Sir Jim Ratcliffe has agreed to buy a 25 per cent stake in Manchester United and inject around £236million into the club, the Red Devils have announced.

Ineos, who will assume delegated responsibility for the club’s football operations, and United have entered an agreement under which he will acquire 25 per cent of the Class B shares held by the Glazer family and up to 25 per cent of the Class A shares while investing 300 million US dollars (£236.7million) into its infrastructure.

A club statement said: “Manchester United announces that it has entered into an agreement under which chairman of Ineos, Sir Jim Ratcliffe, will acquire 25 per cent of Manchester United’s Class B shares and up to 25 per cent of Manchester United’s Class A shares and provide an additional 300 million intended to enable future investment into Old Trafford.

“As part of the transaction, Ineos has accepted a request by the board to be delegated responsibility for the management of the club’s football operations. This will include all aspects of the men’s and women’s football operations and academies, alongside two seats on the Manchester United PLC board and the Manchester United Football Club boards.”

The statement continued: “The joint ambition is to create a world-class football operation building on the club’s many existing strengths, including the successful off-pitch performance that it continues to enjoy.

“The transaction is subject to customary regulatory approvals and all parties are hopeful it will be completed as soon as possible.”

Ratcliffe said: “As a local boy and a lifelong supporter of the club, I am very pleased that we have been able to agree a deal with the Manchester United board that delegates us management responsibility of the football operations of the club.

“While the commercial success of the club has ensured there have always been available funds to win trophies at the highest level, this potential has not been fully unlocked in recent times.

“We will bring the global knowledge, expertise and talent from the wider Ineos Sport group to help drive further improvement at the club, while also providing funds intended to enable future investment into Old Trafford.

“We are here for the long term and recognise that a lot of challenges and hard work lie ahead, which we will approach with rigour, professionalism and passion. We are committed to working with everyone at the club – the board, staff, players and fans – to help drive the club forward.

“Our shared ambition is clear: we all want to see Manchester United back where we belong, at the very top of English, European and world football.”

Sir Jim Ratcliffe’s purchase of a 25 per cent stake in Manchester United is due to be announced later on Christmas Eve, according to a report.

Confirmation of the investment by the 71-year-old’s Ineos Group would end a saga which has lasted more than a year.

Sky News has reported that a deal is set to be announced, 13 months after the club’s United States-based owners the Glazer family revealed their intention to undertake a strategic review of their options, including the possibility of selling up.

Ratcliffe and Qatari businessman Sheikh Jassim were both in the running to oversee a buyout of the club until October.

Sheikh Jassim withdrew his bid for full control of the club on October 14, with Ratcliffe’s focus shifting to taking a significant minority stake.

Ratcliffe’s Ineos Group is expected to pay in the region of £1.25billion for the share purchase, while also acquiring significant control over footballing operations.

It has also been reported that Ratcliffe is prepared to invest a further £245million to improve the club’s ageing infrastructure.

Luke Shaw surveyed the wreckage of Manchester United’s latest defeat and admitted: “It’s just not good enough.”

The Red Devils went down 2-0 at West Ham to slip to their 13th loss from 26 matches this season.

They have now gone four matches in a row without scoring for the first time since 1992 after another limp display.

“It’s just not good enough really, we have to win games and that’s it,” full-back Shaw told TNT Sports.

“We keep losing games, losing points and we’re making it very hard for ourselves – especially that second half, it’s not good enough.

“In the first half, we controlled the game, I think we had chances again. If we score the first goal, maybe the result is different, but we don’t, so we suffered in that second half and, again, it’s not good enough.”

Second-half goals from Jarrod Bowen and Mohammed Kudus lifted West Ham up to sixth in the Premier League, while United slid down to eighth.

Hammers boss David Moyes came in for criticism for making six changes in their 5-1 Carabao Cup defeat at Liverpool in midweek.

But the Scot stood by that decision as he looked back on a largely successful 2023, including West Ham’s memorable Europa Conference League win last season.

“Our record here at home is as good as most,” he said. “Of course we can think of clubs who will do better, but for us we’ve had a brilliant year.

“The players we’ve had, whether they’ve gone or whether it’s new ones we’ve brought in, we’ve had a fantastic year, with a trophy in the middle of it.

“It looks like if you don’t quite give everyone what they want then you get criticism for it, but I don’t think we could have won on Saturday if we had played all the players in midweek.”

Erik Ten Hag insists Manchester United have goals in them despite drawing another blank in a dispiriting 2-0 defeat at West Ham.

The Red Devils have now gone four matches in a row without scoring for the first time since 1992 after another limp display.

But beleaguered boss Ten Hag said: “We have players who can do it. They’ve proved in the past they can do it.

“But we also have to acknowledge the fact that we didn’t do it as a team. We have to take responsibility. Football is about winning games and scoring goals.

“We have issues. We have had many setbacks and injuries, etc. But the players on the pitch are good enough to win the game. Get into the box, make sure you’re there, make sure you have the willingness to arrive and willingness to score goals.

“They are capable of it. I know (Marcus) Rashford can score, (Rasmus) Hojlund can score, (Alejandro) Garnacho can score, Bruno (Fernandez) can score, Scott McTominay can score.

“We have scoring abilities in our squad and also from set plays. At this moment we’re not doing it. They have to stick together and believe in themselves that they can do it.

“To get where you have to be to score and that is to get in the box especially in the double six-yard box, you have to arrive as a striker.”

The stats make grim reading for United following a 13th defeat in 26 matches this season – the most they have lost before Christmas since 1931.

A 20th defeat in 2023 is also their worst tally in a calendar year since 1989.

Late goals from  Jarrod Bowen and Mohammed Kudus secured victory for West Ham to lift them above United in the Premier League table.

Yet for 72 minutes two poor teams were cancelling each other out in a dreadful spectacle until Bowen broke the deadlock.

“I thought whoever scored the first goal would probably win the game and thankfully we got it,” admitted manager David Moyes.

West Ham are now back in and around the top six, an achievement Moyes feels is all the more impressive given the rebuild he has undertaken since selling Declan Rice to Arsenal.

“I think when you sell England’s best player at the moment and you’re still challenging… we’ve tried to pull another team together, we’ve made some signings, now at this time of the season we’ve got 30 points,” he added.

“It’s a brilliant number of points for us at West Ham because we’re not going to be a club rattling right at the top – we’ll try to, but until we keep growing and improving a bit every year that’s all we can do.

“I think we’re making pretty good strides and today was another good victory. We can do better but while we’re doing that we’re still picking up points and moving along.”