It has been revealed that Jim Ratcliffe will retain the Glazers on a new constituted Manchester United football committee when his partial ownership of the club is ratified, MySportDab reports.
Sir Jim Ratcliffe is well on course to acquire 25% of Manchester United stake with an estimated £1.4bn bid.
His bid was expected to be ratified today Thursday, October 19, 2023 but it has been shifted to the next fortnight.
Meanwhile, sources close to Manchester United revealed earlier that Sir Jim Ratcliffe will be given an exclusive control of Manchester United sporting and football operations when his bid is ratified.
He was expected to oversee the recruitment of playing and non-playing staff, technical officers, hiring of managers, including the conduct of transfer of activities and articulating transfer policies.
Now, a report reaching us from @UtdPlug sourced from @FT reveals Sir Jim Ratcliffe will still retain the Glazers in Manchester United sporting operations.
As stated in the report, “Sir Jim Ratcliffe’s proposed stake for Manchester United will see Sir Dave Brailsford and Joel Glazer – member of the Glazer brothers – sitting on a committee of football matters.
The report further adds Sir Jim Ratcliffe will have two of his representatives from his company, Ineos, as a member in addition to Joel Glazer.
The report has already generated negative reactions by some Manchester United fans who have blamed the Glazers for the rot and degradation at Old Trafford under their watch.
A fan wrote, “what do the Glazers family know about football.”
Another fan wrote, “Sir Jim Ratcliffe doesn’t meant business. It will be same outcome under new hands with the Glazers still stuck in there.”
Another fan added, “so disappointing. The Glazers should leave. They have killed the club.”
Sir Jim Ratcliffe 25% bid for Manchester United will be ratified in a fortnight and there have been concerns whether the anticipated break from the Glazers 18-years rot will be possible with Sir Jim Ratcliffe at the helm.
