• Sir Jim Ratcliffe completed his purchase of a stake in Man United this week
  • The British billionaire has major ambitions for the club, but pleaded for patience
  • David Moyes doesn’t deserve the negativity towards him at West Ham. It’s ridiculous and shameful for the job he’s done – It’s All Kicking Off podcast 

Sir Jim Ratcliffe has revealed he is in it for the long haul at Manchester United and won’t spend millions on a short-term fix.

Ratcliffe took a 27.7 per cent stake in United on Christmas Eve for £1.3bn – with the deal ratified by the Premier League on Tuesday – after a long-winded sale process that began in November 2022. 

The British billionaire has plenty on his plate as he takes control of football operations of a team who haven’t won the Premier League in 11 years.

He has already made encouraging strides, with the Red Devils swooping for Man City’s Omar Berrada, who will become United’s new CEO, while an approach has also been made for Newcastle United’s sporting director Dan Ashworth, with Ratcliffe pledging to restore the club to the top of world football.

Despite the promising early signs, Ratcliffe insisted fixing the club will take time and outlined how he won’t splash large sums of money on a stop-gap solution.

Sir Jim Ratcliffe has claimed fixing Man United will take time and pleaded for patience

Ratcliffe insisted he wouldn't just spend millions on a short-term fix for Erik ten Hag's squad

Ratcliffe insisted he wouldn’t just spend millions on a short-term fix for Erik ten Hag’s squad

‘Quite often in football people just get the cheque book out and they think it’s all going to be solved in the summer transfer window,’ he told Bloomberg Television. 

‘That’s proven many many times to not end well. (Turning United around) will take us two or three seasons.’

While the hugely unpopular Glazers remain in ultimate control of United, there is hope the Ineos chief will bring several positive changes to the club, with Ratcliffe announcing his desire to improve the environment and structure surrounding Erik ten Hag’s first team.

Ratcliffe has also announced his aim to improve United’s ailing infrastructure, with the 71-year-old describing Old Trafford as ‘tired and in need of refurbishment’.

Several options are on the table, with the possibility of improving the Theatre of Dreams or building a new stadium.

Ratcliffe has even announced his desire to turn the 74,000 seater venue into a ‘Wembley of the North’.

Ratcliffe also said wants to improve the environment and structure surrounding the first team

Ratcliffe also said wants to improve the environment and structure surrounding the first team

The British billionaire, 71, similarly revealed he is planning to set up a task force who will look the option and feasibility of a possible redevelopment and new stadium around Old Trafford

The British billionaire, 71, similarly revealed he is planning to set up a task force who will look the option and feasibility of a possible redevelopment and new stadium around Old Trafford

And Ratcliffe told Bloomberg that he is planning to set up a task force, who will be charged with looking at the option and feasibility of a possible redevelopment and new stadium around Old Trafford.

He added: ‘(Refurbishing Old Trafford) will give us a great facility of 80,000 or 90,000 and will cost about £1 billion.

‘But there is another scenario which could maybe act as a catalyst to regenerate that part of Manchester, which is a little bit neglected.’  

Jim RatcliffePremier League

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Post source: Daily mail

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