It will take “time and patience” to bring success back to Manchester United, says Sir Jim Ratcliffe
Sir Jim Ratcliffe has insisted that it will take “time and patience” to “bring sporting success” back to Manchester United as the club continues to struggle with its good old glories.
Recall that British billionaire agreed to buy a 25% stake in the Old Trafford club for about $1.3bn (£1.03bn).
Reports say his Ineos Group will take control of football operations and Ratcliffe will also provide $300m (£236m) for future investment into United’s stadium.
Speaking with supporters, Ratcliffe said, “We recognise our responsibility as custodians of the club on your behalf”.
In an open letter to fans, he added: “I believe we can bring sporting success on the pitch to complement the undoubted commercial success that the club has enjoyed.
“It will require time and patience alongside rigour and the highest level of professional management.
“You are ambitious for Manchester United and so are we. There are no guarantees in sport, and change can inevitably take time but we are in it for the long term and together we want to help take Manchester United back to where the club belongs, at the very top of English, European and world football.
“I take that responsibility very seriously.”
Ratcliffe added: “Please note that, as with any deal, it is subject to the usual regulatory sign-off process and therefore we do not expect to speak publicly about club matters until after the deal has completed.”
The English football giants say the deal by the billionaire is subject to customary regulatory approvals” but they are “hopeful it will be completed as soon as possible”.
