# EPL Manchester United Finally Begins the ‘Ratcliffe Era’… 456 Days After Declaration of Sale

Manchester United (Man United) of the English Professional Football Premier League (EPL) has completed its transformation into the ‘Ratcliffe system’ 456 days after announcing its sale.

Manchester United announced on its website on the 21st (local time) that Jim Ratcliffe, the founder of global chemical group Ineos and widely known as a British billionaire, has acquired a 27.7% stake in the club.

Ratcliffe, who received approval to become the owner of the club from the EPL on the 13th and the English Football Association (FA) on the 14th, completed the actual share transaction, completing the acquisition process. **[온라인카지노](https://www.oncasino.site)**

According to the BBC, Ratcliffe invested about 1.6 billion pounds (about 2.7 trillion won) in Manchester United through this transaction.

Ratcliffe's stake is only 27.7%, but he gained the status of co-owner by receiving full management rights of the soccer club from the existing owners, the Glazer family.

Ratcliffe said in a statement to the club: "Becoming co-owner of Manchester United is both a great honor and a great responsibility.

The deal is done, but our journey to build world-class facilities and return Manchester United to the best team in Britain, Europe and the world has just begun. “He said.

Ratcliffe was officially crowned as owner of the club 456 days after the Glazer family announced the sale of Manchester United.

The Glazer family announced their intention to sell in a statement on November 22, 2022, saying they would seek strategic alternatives, including an equity transaction, for the future of the club.

This was also the day that [Manchester United](https://www.hebergementweb.org/threads/sun-yingsha-the-strongest-china-lost.1142321/) officially announced that it was parting ways with superstar Cristiano Ronaldo (Al-Nasr), who had been in conflict with the club's leadership and manager Eric Tenhag.

Afterwards, the competition to acquire the club unfolded as a two-way battle between Ratcliffe and a consortium led by Sheikh Jassim bin Hamad Al Thani, Chairman of Qatar Islamic Bank (QIB).

The final winner was Ratcliffe, whose interests aligned with the Glazer family.

According to the BBC, Qatari capital offered a large sum of over 5 billion pounds (approximately 8.3 trillion won), but reportedly withdrew after determining that the Glazer family had no intention of completely handing over its stake.

According to this transaction, all management rights, including the management of Manchester United's men's and women's teams and the academy, were delegated to Ineos.

Ratcliffe is widely known as a long-time Manchester United fan.

He announced his participation in the takeover battle through Ineos in February last year, saying, "I want to return my influence in Manchester to Manchester United, which has its roots in northwest England and a proud history.

In particular, I will focus on winning the [UEFA Champions League](https://www.behance.net/gallery/192614521/Klinsmanns-Dismissal-Chung-Mong-gyu-Accepts-Criticism) (UCL)."

“I want to do it,” he said.

Manchester United is in 6th place in the EPL this season, accumulating 44 points with 14 wins, 2 draws, and 9 losses.