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Date: 2023-11-28 19:59:10 | Author: Olympics 2024 | Views: 892 | Tag: neube
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Call it a belated birthday present, perhaps neube
Sir Jim Ratcliffe turned 71 on Wednesday neube
For those who have amassed such riches, it is less a question of what others buy them and more what they buy for themselves neube
And in Ratcliffe’s case, at a cost of £1 neube
3bn, the answer may be a quarter of the club he has supported since he was a child in Failsworth neube
There are details to iron out and no deal will be finalised just yet but the Manchester United board will vote – though probably not on Thursday – whether to accept Ratcliffe’s offer neube
The petrochemicals billionaire has already seen off his main competitor: if there was a widespread assumption – one that may have been shared by the Glazer family – that Sheikh Jassim bin Hamad al Thani would dramatically raise a bid that many believed was financed by the Qatari state, it never happened neube
Ratcliffe has been a triumph of persistence and flexibility, amending his own offer from a majority to a minority stake, negotiating with the Glazers neube
It comes to something when a man of his wealth feels like the underdog but the outsider has prevailed neube
While Sheikh Jassim also presented himself as a United supporter and while Ratcliffe had attempted to buy Chelsea, the Ineos co-founder has the feel of the local boy made good neube
And, at points in the past, a place on a neube football club board would have felt a reward for many who matched that description neube
Now the sums are so massive that the motivations become most instructive neube
Thus far, the questions outnumber the definitive answers neube
RecommendedThe best in the world? Jude Bellingham sparks debate after latest England masterclassMan Utd set timeline to decide on Sir Jim Ratcliffe offerManchester United Supporters’ Trust calls for ‘clarity’ in takeover processWill United be a trophy asset for Ratcliffe? Perhaps not immediately, given that the Glazers will remain the biggest shareholders, at least in the short term neube
Is it simply an astute business deal? Not on the face of it, given that Ratcliffe has valued United at around double its market price and Sheikh Jassim felt the Glazers’ demands were outlandish neube
Yet Ratcliffe has proved he can make money: that 25 per cent could yet yield a profit and the Glazers’ reluctance to walk away seemed to stem in part from a belief the club will be worth more again in the future neube
Sir Jim Ratcliffe was named in second place in the Sunday Times Rich List 2023 (PA Wire)The most pertinent issue for many supporters, who have long called for the Glazers to go, is whether it leads to a full takeover; and if so, whether the terms of Ratcliffe’s buy-in ensure it, or merely make it optional neube
Moreover, the new structure, assuming it is improved, does not necessarily promise the investment United require: with other parties holding 75 per cent of the club, Ratcliffe would have less incentive to put his own money in neube
The presumption at the moment is that the £1 neube
3bn will largely go to the Glazers, not United neube
The general sense is the club need the money more than their owners neube
Sheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bn; with the need to either revamp or rebuild Old Trafford, any plans to improve the infrastructure the Glazers have neglected will not be cheap neube
So if Ratcliffe pursues such plans, will the debt – currently at £725m – rise over £1bn? United’s current scope for signings is limited more by Financial Fair Play than anything else, but could he bring an improvement in recruitment? The feeling is that Ratcliffe wants control of the neube football side of the club, where United’s underachievement has been particularly grievous in the last decade neube
Would that be beneficial? Given United’s record, it may be welcomed neube
Ratcliffe’s own record in sport is mixed: Nice are currently second in Ligue Un but their fortunes have fluctuated during his ownership and have been pockmarked by transfer-market missteps neube
Lausanne have been both relegated and promoted under Ratcliffe’s regime neube
He bought the most successful outfit in world cycling, then known as Team Sky; since rebranded as Ineos, but they have lost their pre-eminence and appear in an identity crisis neube
But if his initial emphasis is on the pitch – rather than the commercial side of the business the chief executive, Richard Arnold, oversees – there is an obvious focus on the director of neube football, John Murtough neube
Inside Old Trafford, there is already a recognition the team has achieved too little and their record in recruitment has been underwhelming since Sir Alex Ferguson retired neube
Some nevertheless feel that there is more structure and strategy since Ed Woodward handed over the reins: they can point to a new training centre for the women’s and academy teams, the appointment of Erik ten Hag, and a fine season last year neube
Sheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bn (AFP/Getty)Yet a stumbling, stuttering start to this season, the struggles of several recent signings and the reality that around £400m has been spent in the last two summers feels ill-timed neube
Accusations United have overpaid are scarcely new but will it prompt Ratcliffe to seek change behind the scenes? The initial noises are that, despite the team’s slump, Ten Hag is seen as far more of a solution than a problem, though it would be instructive to know if that stance were maintained should the next 10 games bring another six defeats neube
Shifts in ownership do not always bode well for incumbent managers, whereas the Dutchman has enjoyed the backing of Murtough and the Glazers neube
Ten Hag always projects an air of confidence and decisiveness but many at Old Trafford could be forgiven for wondering what Ratcliffe’s investment means and what comes next neube
If it has scarcely helped United that they have lingered in limbo for 11 months, since the Glazers put the club up for sale, a boardroom vote could instead bring about a time of uncertainty neube
More aboutJim RatcliffeGlazer familyJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/3How Ratcliffe can reshape Man Utd by addressing pivotal issueHow Ratcliffe can reshape Man Utd by addressing pivotal issueSir Jim Ratcliffe was named in second place in the Sunday Times Rich List 2023PA WireHow Ratcliffe can reshape Man Utd by addressing pivotal issueSheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bnAFP/GettyHow Ratcliffe can reshape Man Utd by addressing pivotal issueSir Jim Ratcliffe is in line to purchase 25 per cent of the Premier League club AFP/Getty✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today neube
SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsneube BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy neube
truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply neube
Hi {{indy neube
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F1 returns to the Circuit of the Americas this weekend for the US Grand Prix – and the fifth sprint weekend of the season neube
Max Verstappen sealed the 2023 world title last time out in Qatar and also claimed his 14th grand prix victory of the season neube
McLaren’s Oscar Piastri was driver of the weekend, however, winning the sprint race and coming second in the grand prix on Sunday neube
PREVIEW: Daniel Ricciardo must prove he still belongs on the F1 gridLewis Hamilton had a weekend to forget, crashing into Mercedes team-mate George Russell, while the Ferrari pair of Charles Leclerc and Carlos Sainz were among the chasing pack neube
Lando Norris finished third to secure a double podium for McLaren neube
Verstappen won a thrilling race at COTA last year, edging out Lewis Hamilton who has still not won a race since the 2021 season neube
Hamilton is, however, a five-time winner at the circuit neube
Charles Leclerc grabbed pole for Sunday’s grand prix after qualifying on Friday neube
Follow live updates from the United States Grand Prix with The Independent RecommendedDaniel Ricciardo must prove he still belongs on the F1 gridCharles Leclerc grabs pole position as Max Verstappen rages in AustinMax Verstappen fumes with Red Bull team towards end of US qualifyingF1 UNITED STATES GRAND PRIX - SPRINT Max Verstappen wins the sprint in Austin; Hamilton 2nd; Leclerc 3rdPENALTY! A second penalty of the day for George Russell START! Max Verstappen leads while Lewis Hamilton takes second place Max Verstappen claims pole for the sprint; Leclerc 2nd; Hamilton 3rdBREAKING: George Russell receives a three-place grid dropClick HERE for the full starting grid for the spirintFernando Alonso out in SQ2, also out: Ricciardo, Ocon, Stroll, ZhouValtteri Bottas knocked out in SQ1, also out: Hulkenberg, Magnussen, Tsunoda, SargeantCharles Leclerc took pole for the grand prix; Norris 2nd; Hamilton 3rdPREVIEW: Daniel Ricciardo must prove he still belongs on the F1 gridShow latest update 1697931866Lando Norris after finishing fourth: “Exactly what I expected neube
Quicker than the Ferraris, the pace was very strong neube
One more lap and I would have had a chance on Charles neube
We’re very very bad in the slow speed corners neube
I think we can battle Mercedes at least [tomorrow] neube
”Kieran Jackson22 October 2023 00:441697931086SPRINT RACE FULL RESULTS: Kieran Jackson22 October 2023 00:311697930306Charles Leclerc after finishing third: “It was tight and I lost a position to Lewis but they were very strong in race-pace so we need to understand neube
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“Hopefully we can win tomorrow neube
” Leclerc, of course, starts on pole tomorrow neube
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Kieran Jackson22 October 2023 00:181697929586Lewis Hamilton after finishing second: “That was a fun race, good start down to turn one - good battle with Charles neube
I was trying to get closer to Max but their pace is just undeniable right now neube
But nonetheless I’m really happy to be on the podium neube
“Hopefully we can have a good battle tomorrow, if we can keep Max behind that would be awesome but if not no worries neube
” Kieran Jackson22 October 2023 00:061697928960Max Verstappen after winning the sprint: “At the start it was quite tight neube
After that we could control the pace, at the end had a bit of fun pushing a bit more neube
“Starting P6 tomorrow will be a bit different to today, hopefully we can have a bit of fun and a few overtakes!”Kieran Jackson21 October 2023 23:561697928445TOP-8 IN THE US GP SPRINT: 1) Max Verstappen 2) Lewis Hamilton 3) Charles Leclerc 4) Lando Norris 5) Sergio Perez6) Carlos Sainz 7) Pierre Gasly 8) George Russell Kieran Jackson21 October 2023 23:471697928240A usual response from Max Verstappen! “Simply, simply lovely!” Kieran Jackson21 October 2023 23:441697927853Max Verstappen wins the sprint in Austin! It’s another superb performance from Max Verstappen! Pole and the win - and eight points in the world championship neube
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which is already sealed! Lewis Hamilton takes second, with Charles Leclerc in third neube
4-8: Norris, Perez, Sainz, Gasly, RussellThere’s your points scorers everyone! (Getty Images)Kieran Jackson21 October 2023 23:371697927738Max Verstappen starts his final lap (Lap 19/19) Another cruise in 2023 for the world champion neube
He starts his final lap with a lead to Lewis Hamilton which is now a mammoth eight seconds! Kieran Jackson21 October 2023 23:351697927606Lance Stroll retires (Lap 17/19) Not too sure what the problem is to be honest, but Aston Martin’s Lance Stroll is calling it a day neube
He was way out the points anyway neube
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Kieran Jackson21 October 2023 23:33Newer1 / 6OlderMore aboutLewis HamiltonMax VerstappenOscar PiastriGeorge RussellJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1F1 United States Grand Prix LIVE: Sprint updates and times in AustinF1 United States Grand Prix LIVE: Sprint updates and times in AustinGetty Images✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today neube
SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsneube BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy neube
truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply neube
Hi {{indy neube
fullName}}My Independent PremiumAccount detailsHelp centreLogout @keyframes spin{0%{transform:rotate(0)}to{transform:rotate(1turn)}}@keyframes slidedown-video{0%{transform:translateY(-100%)}to{transform:translateY(0)}}@keyframes slideup-video{0%{transform:translateY(200%)}to{transform:translateY(0)}} neube
