For £1.2 billion, Sir Jim Ratcliffe acquired 25% of Manchester United; this transaction grants the INEOS owner authority over football operations and a voice in the Glazer family's business division; Man Utd won't likely be active in the January transfer window.
How will Ratcliffe alter things?
Before the January transfer market begins, Ratcliffe hopes to have a significant influence over how United is operated. Paul Mitchell, who now serves as Monaco's sports director after leading recruitment departments at Southampton, Tottenham, and RB Leipzig, is expected to take over as the club's next sporting director.
The chief executive position is being considered for INEOS Sport's Jean Claude Blanc, a former executive at both Juventus and Paris St-Germain, while cycling legend Dave Brailsford will also have a key role at United after carrying out an audit of club operations and transfer business.
Erik ten Hag's job as head coach is not in danger right now, according to Sky Sports News, but the Dutchman is aware that performance needs to increase.
who is the real owner of Manchester United?
"At last, we've arrived, but where are we now? This is a step into the unknown since, in my opinion, the Glazer family is admitting failure by giving up 25% of football operations, while someone else is purchasing 25% of a football team and gaining control over football operations.
"Basically, they're claiming that since Sir Alex Ferguson left, we haven't performed well on the field despite our best efforts.
We have backed managers with financial support, but it hasn't worked out.
"These new people have arrived; they will only own 25% of the team, but we will give them command over football."
In a way, it works out nicely for the Glazers as well because they can stand back and hope that Ratcliffe and INEOS will get the brunt of the blame rather than them if something goes wrong on the field.
"However, after talking to a few individuals about this agreement over the past several days, they have asked me how this will work.
"There's an additional voice in the room now. Thus, you have an extra layer, an additional owner, who will be involved in the decision-making process when it comes to hiring players, for example, or firing managers.
Although Ratcliffe and INEOS ultimately own only 25% of the team, we are informed that they will only oversee football operations.
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