Manchester United midfielder Casemiro could stay at the club next season despite his huge pay-off demands. The club is eager to remove Casemiro's £290,000-a-week salary from their wage books, but the cost of releasing him would be significant. Casemiro could demand up to £25 million as a pay-off. His agent is scheduled to meet with manager Erik ten Hag in the coming week to discuss the situation. Although Casemiro had a difficult second season with the Red Devils, struggling with form and multiple injuries, he made crucial contributions in his debut season and remains a valuable player off the bench. In addition to Casemiro's potential stay, Manchester United is also looking to sign Manuel Ugarte from Paris Saint-Germain [08098826].
Manchester United is reportedly planning to make BAFTA-winning actor Barry Keoghan the face of the club's commercial campaign in the 2024-25 season. The campaign is aimed at keeping the club's global audience engaged amidst changes in ownership and management. Manchester United's new manager is Erik ten Hag, and the new co-owner is Sir Jim Ratcliffe [d7120973].
Manchester United, once a powerhouse in football, is now facing a series of challenges both on and off the field. The rise of young football talents like Oscar Gloukh has brought hope to the club, with comparisons being made to the likes of Erling Haaland and Sadio Mane. Gloukh, who has emerged through the Red Bull ranks, has caught the attention of Manchester United, who are closely monitoring his progress [101ebf7b].
However, Manchester City's star striker, Erling Haaland, has suffered an injury while on international duty with the Norwegian team. Despite this setback, Haaland remains determined to make a quick comeback and has expressed his desire to return to Manchester City [973e3004].
In addition to these challenges, recent reports reveal conflicts between Manchester United's manager, Erik ten Hag, and players Anthony Martial and Marcus Rashford. Their attitude during a recent defeat against Newcastle has caused controversy within the club [d2787373]. The poor performance in the Champions League further confirms the struggles faced by Manchester United. The behavior of the players and the upcoming change in ownership are causing concern among fans and critics alike.
Despite the turmoil, Manchester United must find a way to overcome these challenges and return to their former glory.
Manchester United has announced a deal to sell up to 25% of the club to British billionaire Sir Jim Ratcliffe. Ratcliffe, who owns petrochemicals giant INEOS, will invest $300 million in the club's Old Trafford stadium. The deal is worth around $1.6 billion, including the funding. Ratcliffe will initially provide $200 million upon completion of the deal and a further $100 million by the end of 2024. The transaction is subject to approval by the Premier League. Manchester United is currently eighth in the Premier League and has not won the title since 2013 [6129c7a0].
INEOS, owned by Sir Jim Ratcliffe, has made significant investments in various sports, including Formula 1, sailing, cycling, rugby union, and football. The article discusses INEOS's ownership of Team INEOS (formerly Team Sky) in cycling, their partnership with Mercedes in Formula 1, their involvement in the America's Cup sailing competition, and their ownership of football clubs Nice, Lausanne-Sport, and Racing Club Abidjan. The article highlights the successes and challenges faced by INEOS in each sport and the impact of their investments.
The English Football Association has approved British billionaire Jim Ratcliffe's purchase of a 25% stake in Manchester United. Ratcliffe, the owner of petrochemicals giant INEOS, agreed to buy the stake in December 2022 after the Glazer family put the club up for sale. The deal includes an initial payment of $1.3 billion and an additional $300 million for future investment into Old Trafford. Ratcliffe's INEOS Sport division will take over control of United's soccer operation. The Glazer family will retain a 49% stake in the club [e0268951].
British billionaire Jim Ratcliffe has completed the purchase of a minority stake in Manchester United, giving him control of football operations at the club. Ratcliffe's investment was approved by the Premier League and English Football Association. He initially agreed to buy a 25% stake in United from the Glazer family for around £1.02 billion ($1.3 billion) and has since invested a further $200 million, taking his total stake to 27.7%. Ratcliffe plans to invest $100 million more by the end of the year to improve infrastructure at Old Trafford. The goal is to take Manchester United back to the top of English, European, and world football. Ratcliffe has already met with supporters' groups and local politicians and aims to revolutionize the club's recruitment structure [9dee7d88].
Sir Jim Ratcliffe, the British billionaire and owner of petrochemicals giant INEOS, has ambitious plans for the redevelopment of Manchester United's stadium, Old Trafford. Ratcliffe wants to create a new stadium with a capacity of over 100,000, and has assembled a task committee including Gary Neville and Lord Sebastian Coe to find a solution. The proposed stadium may cost between £1 and $2 billion. Visualizations of the proposed stadium, created by the AI programme Midjourney, show options with a massive lower deck similar to Wembley and a glass exterior with curved stands. INEOS, with experience in large-scale infrastructure projects, may secure funding and take the lead. The current stadium, built in 1910, would be renovated as a temporary solution. The Glazers, the majority owners, are reportedly willing to allow INEOS to take the lead [7d933558].
Billionaire Sir Jim Ratcliffe criticizes the Conservatives for their management of the economy and immigration post-Brexit. He endorses Brexit but finds fault with how it was executed under Tory leadership. Ratcliffe believes that immigration was the primary driver of the Brexit decision and that the country was not adequately prepared to accommodate such vast numbers of immigrants. He anticipates a change in government due to the Tories' negligence in addressing this issue. Ratcliffe also criticizes the Conservatives' economic stewardship, stating that the UK must enhance its competitiveness in the business arena and foster economic growth. He highlights the decline of the manufacturing sector and the punitive tax levied on North Sea resources as hindrances to the British economy. Ratcliffe asserts that INEOS, his petrochemicals conglomerate, maintains political neutrality and aims to bolster the manufacturing sector in the UK. He also discusses his involvement with Manchester United and advocates for the development of a 'stadium of the North' in Manchester for footballing matters and regeneration efforts [136e5539].