Sir Jim Ratcliffe has declared his intention to buy a stake in Manchester United with a long-term view to gaining full control.
The pressure on the Glazer family has increased substantially after a horror start to the season.
Man United are currently rock bottom at the Premier League table with zero points.
Not only the results but their dreadful performances are indicating that this could be a long season for the Red Devils.
United supporters are crying for a change of ownership as they consider the Glazers to be the root cause of the clubs’ downfall over the last decade.
Ratcliffe, head of chemical company INEOS, is Britain’s richest man. His spokesperson confirmed his interest in buying a stake in United.
“If something like this was possible, we would be interested in talking with a view to long-term ownership.
“This is not about the money that has been spent or not spent.
“Jim is looking at what can be done now and, knowing how important the club is to the city, it feels like the time is right for a reset.”
A change of ownership will be the start of a new era at Manchester United
Ratcliffe’s signal to buy the club came soon after the report from Bloomberg which claimed that the Glazers are open to selling a minority stake.
The British billionaire is a boyhood United fan and closely associated with the game of football.
He already owns Ligue 1 club Nice and Swiss Super League outfit FC Lausanne-Sport.
He also showed interest in buying Chelsea in May but lost out to US businessman Todd Boehly’s consortium.
The appointment of Erik ten Hag felt like a breath of fresh air but the club failed to back him up in the transfer window.
The Red Devils have made only three signings this summer – Tyrell Malacia, Lisandro Martínez and Christian Eriksen.
They have spent only £50 million net approximately in this transfer window. Around half a dozen new faces were expected to make their way to the Theatre of Dreams.
With only two weeks left in the window, United face a race against time to bolster their squad.
To mount further pressure on the American owners, Red Devils fans are planning to stage fresh protests on Monday when Liverpool visit Old Trafford.
Hopefully, these repeated protests force the Glazers to give up their ownership and bring an end to this painful era.
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