Jim Ratcliffe could have a major say in Manchester United if he buys a minority stake in the club

British billionaire Jim Ratcliffe, the founder of the INEOS Chemicals company, is interviewed by AP at the Iffley Road Track, in Oxford, England, on Apr. 30, 2019. (AP/File)
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Updated 19 October 2023
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Jim Ratcliffe could have a major say in Manchester United if he buys a minority stake in the club

  • The owner of petrochemicals giant Ineos appears to be ready to invest in the storied English soccer club
  • Ratcliffe is trying to buy a 25 percent share of United and also wants to run soccer operations

MANCHESTER, England: If British billionaire Jim Ratcliffe is successful in his attempt to buy a minority stake in Manchester United, he could end up with a major say in the running of the underperforming club.
The owner of petrochemicals giant Ineos appears to be ready to invest in the storied English soccer club after rival Sheikh Jassim bin Hamad Al Thani of Qatar said over the weekend he was withdrawing from the bidding process.
Ratcliffe is trying to buy a 25 percent share of United and also wants to run soccer operations, a person with knowledge of the proposal told The Associated Press.
The person spoke on the condition of anonymity because they were not authorized to comment publicly.
United’s American owners, the Glazer family, in November announced plans to seek outside investment that could have resulted in the sale of the 20-time English league champions.
Ratcliffe initially bid for the family’s controlling stake of about 69 percent, while Qatari banker Sheikh Jassim wanted 100 percent of the club.
With the process dragging on beyond an expected completion date of June, Ratcliffe has adjusted his offer and that could pave the way to him becoming a co-owner of the club he has supported since he was a child.
THE PROPOSAL
Ratcliffe’s bid would mean the Glazers, who also own the Tampa Bay Buccaneers, remain in control of United. But if he is given responsibility of running the sporting side of the business, it would give him a real opportunity to improve the team’s performance on the field.
United has not won a league title since former manager Alex Ferguson retired in 2013.
United won the Champions League title in 2008, five Premier League titles, one FA Cup, five League Cups and the Europa League under the Glazers, but the vast majority of those trophies were won by Ferguson. United has won four trophies in 10 years since his retirement.
Ratcliffe reportedly still eventually wants to take complete control of the club over a staggered process, but that has not been confirmed.
Ratcliffe is one of Britain’s richest people and is said to be worth $15.1 billion. He previously tried to buy Chelsea and already owns French club Nice and cycling’s Team INEOS. He is one-third shareholder of the Mercedes-AMG Petronas Formula One team and competes in the America’s Cup with sailing team INEOS Britannia.
THE RECRUITMENT
Despite spending about $2 billion on transfers in the past decade, United has been toppled as English soccer’s most dominant force. While rival Manchester City has been backed by the vast wealth of Abu Dhabi’s ruling family, United has still been able to compete for the world’s leading players and has broken records to sign the likes of Paul Pogba and Harry Maguire.
But that hasn’t brought success, with many of United’s signings failing to live up to the expectations of leading the team back to the top.
There have been changes in recent years. Former executive vice chairman Ed Woodward has gone. The role of football director was introduced, with John Murtough appointed to that position, and Matt Hargreaves was recently hired to lead player negotiations.
The club believes its soccer operations department has been strengthened, pointing to the recent signings of Andre Onana, Mason Mount and Rasmus Hojlund as evidence of an improving recruitment policy.
Hojlund is considered among the best emerging strikers in Europe and was signed from Atalanta for 64 million pounds ($82 million).
Critics, however, would point to Hojlund joining Atalanta just a year earlier for a reported 20 million euros ($21.2 million) and Onana moving from Ajax to Inter Milan on a free transfer in 2022. United paid 51 million euros ($57 million) for the goalkeeper this year.
THE MANAGER
United manager Erik ten Hag has been backed by Murtough and United since he was hired last year.
The Dutchman has been allowed to bring in expensive signings like Brazil internationals Antony and Casemiro, as well as Hojlund, as he tries to overhaul the squad.
He enjoyed an impressive first season when winning the club’s first trophy in six years — the League Cup — and leading United back to the Champions League.
Ten Hag has also been backed over his disciplining of star players such as Cristiano Ronaldo and Jadon Sancho, while Maguire has been stripped of the captaincy and made a peripheral figure in the team after falling out of favor.
While fans have jeered as United has endured a difficult start to this season, losing six of its first 11 games, Ten Hag remains popular.
His record at Ajax when winning three league titles and two cups shows he can deliver success.
He is the club’s fifth permanent manager since Ferguson retired.
A policy of hiring and firing clearly hasn’t worked, but would Ratcliffe want to make his own appointment if in charge?
THE STADIUM
Old Trafford may be iconic, but it is in need of redevelopment. It remains the biggest club stadium in the country, but looks dated compared to Tottenham’s new ground, which regularly hosts NFL games.
Ratcliffe is reportedly offering about 1.3 billion pounds ($1.58 billion) for a minority stake, but it is not known how that money will be spent. Ratcliffe also reportedly wants to expand Old Trafford from 74,000 seats to 90,000.
It is not likely that stadium redevelopments would come under soccer operations, but it would be a meaningful change that would generate extra funds and also appeal to supporters.
Last year, United appointed stadium developers Populous to look at options for Old Trafford. While another possibility would be to rebuild the stadium, that would pose problems in terms of relocating the team during the building process and lost revenue as a result.
THE FANS
Manchester United’s supporters have long-campaigned to drive out the unpopular owners since the late Malcom Glazer bought the club for 790 million pounds (then about $1.4 billion) in 2005. Fans have been critical of the leveraged nature of the Glazers’ buyout that loaded debt onto the club, as well as a perceived lack of investment and the dividends taken out by the owners.
Many have called for the Glazers to be completely removed. The Manchester United Supporters Trust told the AP that propping the family up permanently would be a “nightmare scenario.”
Fans have continued to protest against the family and chants of “Glazers out” are regularly heard at games.
Ratcliffe, who was born in the Manchester area, has risked angering supporters by offering to buy a minority stake. But if he is successful in gaining control of soccer operations and oversees a period of success, he could help to placate them and ease tension around the club.
However, if United’s decline continues, he would be in danger of being a visible figure of blame.


Troubled Manchester United humiliated by Bournemouth

Updated 22 December 2024
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Troubled Manchester United humiliated by Bournemouth

  • Second successive flop for Amorim’s side following 4-3 League Cup quarterfinal exit at Tottenham
  • Bournemouth win came a year after securing first ever victory at Old Trafford

MANCHESTER: Manchester United crashed to a humiliating 3-0 home defeat to Bournemouth on Sunday as Ruben Amorim lost for the fourth time in his nine games in charge of the troubled Old Trafford club.
It was a second successive flop for Amorim’s side following their 4-3 League Cup quarter-final exit at Tottenham on Thursday.
Bournemouth took a first-half lead through Dean Huijsen before Justin Kluivert and Antoine Semenyo netted after the interval to complete a dismal afternoon for Amorim, who replaced the sacked Erik ten Hag in November.
A year after securing their first ever victory at Old Trafford, Andoni Iraola’s Cherries triumphed by the same scoreline as they inflicted the biggest blow of Amorim’s short reign.
Huijsen became the latest player to capitalize on United’s woeful set-piece defending, before a Kluivert penalty and a Semenyo strike sealed a stunning win that brought boos from the home fans at full-time.
The result leaves United marooned in 13th over Christmas and marked an alarming fall from grace after last Sunday’s 2-1 derby win at Manchester City.
Amorim had always warned there would be bumps in the road but this fourth defeat in his ninth match in charge further underlined the issues at hand.
Marcus Rashford’s absence from a third consecutive matchday squad had dominated the pre-match discussion as Amorim made six changes.
United offered little attacking threat without Rashford and their glaring deficiences at the back were ruthlessly exploited by a Bournemouth side who are now up to fifth place.
Tyrell Malacia was furious to be adjudged to have fouled Adam Smith and Huijsen easily beat Joshua Zirkee to head home the resulting free-kick from Ryan Christie in the 29th minute.
Amorim brought on Leny Yoro for Malacia at half-time and soon made two further changes, with Rasmus Hojlund and Alejandro Garnacho replacing Zirkzee and Manuel Ugarte.
The changes made no difference and Noussair Mazraoui conceded a careless penalty when he brought down Kluivert in the 61st minute.
The Netherlands international stepped up to send Andre Onana the wrong way as he stroked home from the spot.
United’s capitulation was complete two minutes later.
Kobbie Mainoo’s pass was cut out and Bournemouth broke as Evanilson slipped in Dango Ouattara, whose cutback was driven home by Semenyo.
Jubilant Bournemouth fans chanted “Man United, it’s happened again” in reference to last year’s victory, while the dejected home supporters flooded toward the exits.


Balotelli almost scores first goal for Genoa but Napoli hold on to lead Serie A again

Updated 22 December 2024
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Balotelli almost scores first goal for Genoa but Napoli hold on to lead Serie A again

  • Lazio rebounded from a dismal 6-0 thrashing at home to Inter Milan by winning at lowly Lecce 2-1
  • Bologna had a penalty saved but won at Torino 2-0

MILAN: Mario Balotelli almost scored his first goal back in Serie A while Napoli returned to the top after withstanding a late siege from Genoa to hold on for a 2-1 win on Saturday.

Balotelli returned to Serie A after more than four years in October and has made six appearances totalling just 57 minutes.

The 34-year-old was sent on with seven minutes remaining against Napoli and almost had an immediate impact as Andrea Pinamonti’s glancing header clipped Balotelli’s knee but goalkeeper Alex Meret managed to push it off the post.

It was one of several decisive saves by Meret in the second half as Genoa came out fighting after going into the break two goals down following headers from Frank Anguissa and Amir Rrahmani.

Pinamonti got Genoa back into it six minutes into the second half with a fine finish into the bottom right corner but the home side went on to suffer its first defeat since hiring Patrick Vieira as coach last month.

It was also Genoa’s first match since coming under the ownership of Romanian businessman Dan Șucu.

The loss left Genoa 13th in Serie A but only two points above the relegation zone.

Napoli moved a point above Atalanta, who host Empoli on Sunday.

10-men Lecce almost hold out

Lazio rebounded from a dismal 6-0 thrashing at home to Inter Milan by winning at lowly Lecce 2-1 but it was far from convincing despite Lecce playing the entire second half with 10 men.

Lecce’s chances of getting something from the match appeared to evaporate on the stroke of halftime.

Taty Castellanos’ first shot was parried brilliantly by Wladimiro Falcone and his follow-up was cleared off the line by the hand of Lecce defender Frédéric Guilbert, who was shown a straight red card.

Castellanos fired the resulting penalty into the bottom left corner.

Tete Morente volleyed Lecce level five minutes after the break and it seemed as if the 10 men were going to hold out for a point but substitute Adam Marusic — who had only just come off the bench — scored the winner three minutes from time.

Lecce almost leveled in stoppages but Mohamed Kaba’s header came off the crossbar.

Lazio moved to fourth while Lecce remained two points clear of the drop zone.

Bologna had a penalty saved but won at Torino 2-0.


Wirtz, Schick star for Leverkusen in rout of Freiburg and keep pressure on Bayern

Updated 22 December 2024
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Wirtz, Schick star for Leverkusen in rout of Freiburg and keep pressure on Bayern

  • Leverkusen resume their league defense at Borussia Dortmund on Jan. 10, while Bayern visit Borussia Mönchengladbach on Jan. 11
  • Brazilian goalkeeper Kaua Santos endured a game to forget as his Eintracht Frankfurt was shocked by 10-man Mainz 3-1

BERLIN: Florian Wirtz starred and Patrik Schick scored four goals as Bayer Leverkusen routed Freiburg 5-1 on Saturday to keep the pressure on Bundesliga leader Bayern Munich over the winter break.

Wirtz, who has yet to extend his Leverkusen contract, set up a hat trick for Schick and scored his seventh league goal of the season.

Leverkusen dominated but needed patience before Schick broke the deadlock with a chip over the goalkeeper right before the break.

Wirtz, who’d played Schick through, score after the break when he displayed brilliant close control to elude a defender before firing the ball inside the near post from a narrow angle.

Vincenzo Grifo pulled one back four minutes later, but Wirtz floated in a precise cross for Schick to head Leverkusen’s third in the 67th, then laid the ball back for Schick to fire Leverkusen’s fourth in the 74th.

“For a striker, it’s a dream to have this player behind you,” Schick said of Wirtz.

Schick scored again with a header to a corner three minutes later — the only goal that didn’t involve Wirtz.

Leverkusen stayed four points behind Bayern after its eighth straight win across all competitions.

Leverkusen resume their league defense at Borussia Dortmund on Jan. 10, while Bayern visit Borussia Mönchengladbach on Jan. 11.

Frankfurt goalkeeper’s woes

Brazilian goalkeeper Kaua Santos endured a game to forget as his Eintracht Frankfurt was shocked by 10-man Mainz 3-1.

Frankfurt had 34 shots at goal compared to nine by the visitor, which played with a man less from the 21st after captain Nadiem Amiri was sent off for catching Ellyes Skhiri’s right ankle with his studs.

Santos had already conceded an unfortunate own goal. The ‘keeper played out a short pass to Skhiri, who was immediately under pressure from two Mainz players. Skhiri sent the ball looping back toward Santos, who deflected it onto the crossbar, from where it rebounded back off Santos’ arm and in.

Mainz’s Paul Nebel then scored with a deflected shot for 2-0, and Santos was at fault again when a botched pass invited another Mainz attack. Nebel grabbed his second goal in the 58th.

Rasmus Kristensen, who struck the crossbar in the first half, scored Frankfurt’s consolation in the 75th.

“We were already there for Kaua as a team on the field,” Frankfurt defender Robin Koch said of Santos’ bad day. “He’s a young player, these things happen. But he’s a good guy, he’ll come out of it and the same will help him with his development.”

Regular goalkeeper Kevin Trapp and reserve Jens Grahl were out with illness.

Stuttgart stunned at home

Johannes Eggestein fired promoted St. Pauli to a 1-0 win at Stuttgart, last season’s runner-up. Stuttgart had won their last four games across all competitions.

Union Berlin’s winless run stretched to nine games across all competitions as Bo Svensson’s team slumped to a 4-1 defeat at Werder Bremen.

Holstein Kiel ended their five-game losing run by routing Augsburg 5-1, and Borussia Mönchengladbach won at Hoffenheim 2-1.

There were tributes with silences before all the games for the victims of an attack on a Christmas market in Magdeburg the night before.

“There are always more important things than football,” Freiburg coach Christian Günter said.


Atletico snatch late win at Barca to top La Liga

Updated 22 December 2024
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Atletico snatch late win at Barca to top La Liga

  • Barcelona started the season in superb form but have stumbled in recent weeks and have now won just one of their last seven league games

BARCELONA: Atletico Madrid came from behind to snatch a last-gasp 2-1 victory over Barcelona and claim leadership of La Liga on Saturday.
Pedri sent the Catalans ahead but second-half goals from Rodrigo De Paul and Alexander Sorloth helped Diego Simeone’s side move three points clear at the top of the table, having played one match fewer than Barca.
Hansi Flick’s side dominated at the Olympic stadium but Atletico clung on before claiming a 12th consecutive victory across all competitions with Sorloth’s stoppage-time strike.
Barcelona started the season in superb form but have stumbled in recent weeks and have now won just one of their last seven league games.
Champions Real Madrid face Sevilla on Sunday and can also move ahead of Barcelona with a victory.
Barcelona controlled the first half, with their press suffocating Atletico, but struggled to construct many chances.
Raphinha missed with an early header and had another effort blocked, while Jan Oblak fielded a stinging Inigo Martinez effort.
The hosts appealed for a penalty when the ball struck Giovanni Simeone’s arm in the area but it would have been a harsh punishment for the Atletico coach’s son.
Barcelona took the lead after 30 minutes with Pedri both the architect and scorer of the goal.
The Spain midfielder burst forward with the ball and fed Gavi, who tried to turn and inadvertently nudged the ball back to the surging Pedri, who entered the box and slotted past Oblak.
Barcelona should have doubled their lead early in the second half, with Fermin Lopez denied by Oblak’s legs before Raphinha hit the crossbar.
Pedri played in the Brazilian winger with a fine pass over the top and Raphinha lofted the ball over the goalkeeper but it struck the woodwork on its way down.
Moments later Atletico were level, with Marc Casado’s misguided backheel clearance falling to De Paul on the edge of the area.
The in-form Argentine midfielder finished with a firm low effort into the bottom corner for his third goal in his last four league games.
In the final stages both teams tried to snatch a winner, with La Liga’s top goalscorer Robert Lewandowski missing from point-blank range, although Ferran Torres appeared offside in the build-up.
At the other end Inaki Pena made a fine save to keep Pablo Barrios at bay, while Oblak saved from Raphinha after another superb Pedri ball.
The outstanding Canarian midfielder had a chance to score himself but Oblak again proved too hard to beat, and his efforts did not go unrewarded.
Deep in stoppage time Nahuel Molina crossed for regular super-sub Sorloth to strike and ensure Atletico will be top of the pile at Christmas.


Newcastle deepen Ipswich woes with thumping win at Portman Road

Updated 21 December 2024
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Newcastle deepen Ipswich woes with thumping win at Portman Road

  • Isak volleyed Eddie Howe’s team ahead in the first minute

IPSWICH: Newcastle deepened Ipswich’s plight and lifted themselves to seventh in the table with a 4-0 win at Portman Road.

Isak volleyed Eddie Howe’s team ahead in the first minute and Jacob Murphy doubled their lead before Isak side-footed in from close range just before the break.

The Sweden international scored his third nine minutes into the second half, poking the ball home after more fine work from Murphy.

It was a ninth defeat in 17 games for Ipswich since they returned to the Premier League and they remain in the relegation zone, two points from safety.