Sir Jim Ratcliffe is closing in on deal for partial ownership of Manchester United after Sheikh Jassim withdrew his bid, MySportDab reports.
The question that has been on the lips of every Man United fan is Sir Jim Ratcliffe’s next step after his £1.5bn bid for a partial ownership of the club will be ratified.
According to reports, Sir Jim Ratcliffe will be handed all football and sporting operations at Manchester United when his bid is ratified.
His first plan at the club as disclosed exclusively by The Times is to expand and renovate Old Trafford.
The Glazers have recently come under heavy criticism by Manchester United fans for neglect and leaving the Theatre of Dreams in shambles with reckless abandon.
Fans have complained of the leaky roof that has always got them drenched during matches when it is raining.
One of the Glazers’ biggest critics has been Manchester United legend and pundit, Gary Neville.
Neville has slammed the Glazers for treating Manchester United with reckless abandon while taking in huge profits and caring less of the sporting aspect.
Old Trafford has been left out of Stadiums that will 2028 Euros due to the poor state of stadium
As reported by The Times, Sir Jim Ratcliffe is ready to set aside a huge sum of money to renovate the stadium and also expand its capacity.
Old Trafford is among the biggest stadiums in England but Jim Ratcliffe reportedly wants to expand it by 15,000 more seats to 90,000 when his bid is ratified.
Also, Ratcliffe will also oversee all sporting and football activities, including funding transfer activities and recruitment of playing staff.
Sir Jim Ratcliffe’s bid will be ratified on Thursday, October 19, 2023 in a meeting of Manchester United board members.