Sir Jim Ratcliffe won the battle for control at Manchester United after 10 parties submitted initial offers or indications of interest to Raine for a stake or ownership of the club.
29.12.2023 - 22:51 / manchestereveningnews.co.uk
Erik ten Hag is confident Ineos's experience in other sporting fields will benefit Manchester United.
Ineos are awaiting regulatory approval from the Premier League for their minority stake of 29% in United, with the petrochemicals group set to invest an initial £1.3billion.
The company founded by boyhood United fan Sir Jim Ratcliffe will run football operations at the club, having embarked on sporting ventures in football, cycling, sailing, racing and marathon running.
Ineos own Ligue 1's second-placed side Nice, Swiss club FC Lausanne-Sport, cycling outfit Team Sky was rebranded as the Ineos Grenadiers, Ineos are the principal partner of the McLaren Formula One team and Ratcliffe is bankrolling Sir Ben Ainslie's quest to win the America's Cup, having funded Eliud Kipchoge's record marathon run in under two hours.
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"I can say in this moment I’m looking forward to the talks with them," Ten Hag reiterated. "In other clubs, they have experience in other sports, they have a lot of experience, a lot about performance, a lot of knowledge, so I’m really looking forward to [seeing] how they can contribute and I’m sure they can.
"Football is a very complicated sport, especially at the top, so I’m sure they will contribute, they will help us to achieve our high ambitions.
"From the start of the process I was kept informed, first by (former chief executive) Richard Arnold and later on by (interim chief executive) Patrick Stewart so I know everything,
"I know every detail, how the meetings and talks and agreements are. Now it just has to settle down and give us some time. I have to talk with
Sir Jim Ratcliffe won the battle for control at Manchester United after 10 parties submitted initial offers or indications of interest to Raine for a stake or ownership of the club.
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Sir Jim Ratcliffe has finally managed to complete his minority acquisition of Manchester United, subject to the deal gaining approval.