• Home
  • /
  • News
  • /
  • Premier League Approves Sale of Manchester United
Premier League Approves Sale of Manchester United
  • Total Views : 1217    
  • News
  • 14 February 2024

Premier League Approves Sale of Manchester United

An English media report today stated that the Premier League has approved a deal for Sir Jim Ratcliffe to acquire a portion of shares in Manchester United. Manchester United announced last December that they had reached an agreement with Sir Jim Ratcliffe to sell him 25% of the English club's shares.

In a statement released by the Premier League, it was stated: "The partial acquisition deal for Sir Jim Ratcliffe to acquire Manchester United has been approved." The statement further added: "The deal will be finalized in the coming days upon approval from the English Football Association."

This move signals a significant development in the ownership structure of one of the most iconic football clubs in the world. Sir Jim Ratcliffe, a British billionaire and founder of the multinational conglomerate Ineos, is poised to inject fresh capital and potentially influence the club's future direction.

Manchester United's Current Form

In other news, Manchester United secured a 2-1 victory over Aston Villa in the Premier League's 24th round of matches.

With this victory, Manchester United currently occupies the sixth position in the Premier League standings with 41 points. They have won three of their last five games, including their latest win against Aston Villa, where Scottish midfielder Scott McTominay scored a late goal.

Manchester United manager Erik Ten Hag has been under immense pressure since the start of the season due to the team's performances and results. The recent victories come as a lifeline for him as he seeks to improve the team's form, especially following a disappointing exit from the Champions League and consistent underwhelming performances.

However, despite these recent successes, there are lingering concerns among fans and pundits alike regarding the team's overall consistency and ability to challenge for top honors. The club's performances in the league have been inconsistent, with notable losses to teams considered inferior.

Furthermore, Manchester United's struggles in European competitions have raised questions about their competitiveness on the continental stage. The recent Champions League exit at the group stage was a bitter disappointment for fans and a setback for the club's ambitions.

Erik Ten Hag, who took over as manager earlier this season, faces the daunting task of revitalizing a squad that has underperformed in recent years. The pressure is mounting on him to deliver results and restore Manchester United to their former glory.

Despite the challenges, there is optimism among supporters that the club can turn its fortunes around under Ten Hag's leadership. The upcoming matches will be crucial in determining Manchester United's trajectory for the remainder of the season and beyond.

Latest and Greatest

Arsenal: With Arsene Wenger & Without - Will They Ever Return to Their Former Glory?

Arsenal: With Arsene Wenger & Without - Will They Ever Return to Their Former Glory?

Arsenal, led by Arsene Wenger, is a major English football club with 13 league titles and 14 FA Cups

Manchester United: Comparing performance with and without Sir Alex Ferguson - Can they return to their former glory?

Manchester United: Comparing performance with and without Sir Alex Ferguson - Can they return to their former glory?

Manchester United, a major English and European club, has a rich history under legendary Scottish ma

Messi Dropped from Argentina Squad Ahead of Crucial 2026 World Cup Qualifiers

Messi Dropped from Argentina Squad Ahead of Crucial 2026 World Cup Qualifiers

Lionel Messi will miss Argentina's crucial 2026 World Cup qualifiers against Brazil and Uruguay.

Leroy Sané Set to Leave Bayern Munich – Which Club Will He Join Next?

Leroy Sané Set to Leave Bayern Munich – Which Club Will He Join Next?

Leroy Sane's contract with Bayern Munich expires this summer, with interest from numerous clubs in E

Arsenal vs Real Madrid: Champions League Quarter-Final Preview

Arsenal vs Real Madrid: Champions League Quarter-Final Preview

Arsenal faces Real Madrid for the first time since 2006, aiming for their first Champions League tit

Manchester City Set for Transfer Battle With Manchester United for Jeremie Frimpong

Manchester City Set for Transfer Battle With Manchester United for Jeremie Frimpong

Manchester City are highly interested in signing Bayer Leverkusen right-back Jeremie Frimpong, but a

Bayern Munich boss Vincent Kompany counting on young players to shape club's future

Bayern Munich boss Vincent Kompany counting on young players to shape club's future

Vincent Kompany, a former Man City captain, has been appointed as the new manager of Bayern Munich,

Manchester United 1-1 Arsenal: The Old Trafford Battle Ends in a Draw

Manchester United 1-1 Arsenal: The Old Trafford Battle Ends in a Draw

Arsenal and Manchester United played a back-and-forth game at Old Trafford, ending in a 1-1 draw wit

Loading…