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Revealed: Man United Will Have To Consult Ratcliffe’s INEOS on All Transfers & Potential Ten Hag Sack
Erik ten Hag’s possible dismissal or any other transfer-related decision will need Manchester United to confer with INEOS in the following weeks.
The New York Stock Exchange has released a document detailing INEOS’s plans for United, and Sir Jim Ratcliffe is getting close to purchasing a 25% ownership in the team. The club announced his investment on Christmas Eve. It states that United will not get dividend payments, but it also stipulates that they must be informed on all significant football decisions while their investment is being approved, according to The Times. The ratification procedure, which encompasses the January transfer window, may need up to six weeks.
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Boxing Day saw United come back from a 2-0 deficit to defeat Aston Villa 3-2, relieving some of the burden on struggling manager Erik ten Hag. The Red Devils are currently sixth in the standings. Nevertheless, the contract also states that United would want Ratcliffe’s group’s consent once more if they were to fire the Dutchman. There have already been reports that Ratcliffe intends to make cuts, perhaps putting 300 jobs at danger.
Ten Hag has insisted that the process of United’s takeover has had no impact on his squad, although he is excited by the prospect of the investment.
He said: “I don’t think it has had an impact on the players. I was kept informed during the whole process. I think it is positive for the club they are stepping in.
“They have a lot of experience of sport at the highest level — of F1, of the cycling team, of other football clubs.”
In an attempt to surge up the league standings once more, United will be hoping to get the Premier League’s approval to proceed with INEOS’s partial takeover. With Ratcliffe‘s goal of getting United back to the “very top of world football,” their influence will probably be felt strongly throughout the January transfer window.