IMAGO

1 November 2023 - 5:00 PM

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Sir James Arthur Ratcliffe is the chairman and chief executive officer of the INEOS chemicals group.

Analysis: Ratcliffe's unexpected governance approach at Manchester United – it looks like a misstep

  • Media reports suggest unusual changes at Manchester United, seemingly uncharacteristic for a seasoned businessman like Ratcliffe. Giving control of the sporting department to a minority investor might foster a toxic club atmosphere.
  • If Ratcliffe assumes 25 per cent ownership, Richard Arnold may face dismissal. Why remove the executive behind significant revenue growth during the club's challenging times?
  • Why it matters: Manchester United have been in flux for nearly a year as the Glazers contemplate a club sale. Fans are optimistic that Sir Jim Ratcliffe can bring positive change.
  • The perspective: Across Europe, club owners and executives aim to bridge the disconnect with their sporting departments. Why might Manchester United take a different approach?

The pieces don't fit.

In recent weeks, UK media has been buzzing with reports about significant changes slated for Manchester United, contingent upon Sir Jim Ratcliffe acquiring a 25 per cent stake from the Glazer family.

Initial reports suggest that the Ineos magnate, in retur

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