{"id":291734,"date":"2023-10-23T08:53:58","date_gmt":"2023-10-23T08:53:58","guid":{"rendered":"https:\/\/sportsloveme.com\/?p=291734"},"modified":"2023-10-23T08:53:58","modified_gmt":"2023-10-23T08:53:58","slug":"jim-ratcliffe-has-already-squashed-three-major-concerns-over-1-4bn-man-utd-deal","status":"publish","type":"post","link":"https:\/\/sportsloveme.com\/soccer\/jim-ratcliffe-has-already-squashed-three-major-concerns-over-1-4bn-man-utd-deal\/","title":{"rendered":"Jim Ratcliffe has already squashed three major concerns over \u00a31.4bn Man Utd deal"},"content":{"rendered":"

Jim Ratcliffe's potential Man Utd investment assessed | Football Digest<\/h3>\n

After almost a year of being sold a dream by Sheikh Jassim bin Hamad Al Thani, there is some resistance to Sir Jim Ratcliffe’s potential takeover among the Manchester United fanbase. The INEOS CEO is set to complete a \u00a31.4billion deal with the Glazer family for 25 per cent of the club, the likely first step to an eventual full takeover.<\/p>\n

Sir Jim – who also owns FC Lausanne-Sport and OGC Nice – has already proven the backing he is prepared to provide his childhood club.<\/p>\n

Express Sport pinpoints three signs that the 71-year-old billionaire beating Sheikh Jassim to the post isn’t the disaster some may believe it to be.<\/p>\n

Investment in playing staff<\/h2>\n

Sir Jim entered control of Nice in 2019, splurging a net spend of around \u00a3113m since, eclipsed only by Paris Saint-Germain and Marseille.<\/p>\n

It represents a staggering \u00a3158m swing, given in the five years prior to INEOS’ arrival, Nice had made a profit of \u00a345m on transfers.<\/p>\n

The financial backing has paid off four years after Sir Jim entered the helm. Nice are the only unbeaten Ligue 1 club after nine games, sitting one point behind AS Monaco in second.<\/p>\n

Francesco Farioli looks like an inspired managerial appointment. His side currently boasts the best defence in Europe’s top five leagues, keeping six clean sheets and conceding just four goals.<\/p>\n

Click\u00a0<\/strong>here<\/strong>\u00a0to join our Man Utd WhatsApp community to be the first to receive breaking and exclusive F1 news.<\/strong><\/p>\n

READ MORE <\/strong> Man Utd boss Erik ten Hag makes special request after being ignored by Onana[NEWS] <\/strong><\/p>\n

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Investment in club infrastructure<\/h2>\n

Sheikh Jassim vowed to inject significant funds to redevelop Old Trafford, United’s Carrington training ground, the club’s wider infrastructure and the local community.<\/p>\n

His withdrawal has sparked fears that the much-needed investment won’t come. But Sir Jim has been proactive in sanctioning upgrades at Nice.<\/p>\n

The Failsworth-born businessman has overseen a \u00a313.5m investment into the French club’s modern training complex, which opened in the summer of 2020.<\/p>\n

He is said to have funds set aside – on top of the \u00a31.4bn he is paying for a minority stake – to go towards upgrades the Glazer family have ignored for 18 years.<\/p>\n