LIVE
...

Follow us on

News

Pundit makes £1 billion transfer funds claim over Glazer ownership at Manchester United

Add as preferred source on Google

A new management structure is required at Manchester United to stop the Glazers blowing more money, a former Premier League star has warned.

Sir Jim Ratcliffe is paying £1.3 billion for a 25 per cent stake in Manchester United.

This is not the total takeover Manchester United fans wanted. But a report in The Mail report the investment is with a view to a bigger investment later down the line.

Crucially, Ratcliffe’s Ineos are demanding control of football operations, BBC Sport report.

Manchester United v Everton FC - Premier League
Photo by Stu Forster/Getty Images

Don’t let the Glazers spend money

One of the many unclear aspects regarding Sir Jim Ratcliffe’s investment, is how much money will be available to spend on the squad.

But one pundit has warned, it wouldn’t matter if it was a bottomless pit, if it is the Glazers who are in charge of spending it.

Shaka Hislop told ESPN FC via YouTube that it is crucial that real expertise is brought in to oversee any new investment into the squad.

He said: “The biggest improvement Manchester United need is their management structure. That needs to be addressed first.

“Let’s be honest you could give the Glazers another billion, and they would absolutely blow it. I’m not sure that would improve them.

“I think Manchester United need to get that management structure in place. Sir Jim Ratcliffe getting involved is a huge step in the right direction.”

Ratcliffe must still prove expertise

Hislop added that he still wants to see more detail about Ratcliffe’s proposals before feeling confident it will be a success, due to concerns over the structure of the minority investment.

He said: “If I’m a Manchester United fan I’m welcoming anybody who takes some of that power away from the Glazers. It just leaves so many questions I’m not sure I’m comfortable with.”

The former Premier League goalkeeper speaks sense, especially about the Glazers potentially wasting as much as £1 billion.

They have overseen the spend of £1 billion in the post-Sir Alex Ferguson era. And what is there to show for it?

Right now eight games into the 2023/24 season, the club are 10th in the table, and are now a decade without a Premier League title.