Sir Jim Ratcliffe’s purchase of a 27.7 per cent stake in Manchester United has been completed to enable his
company control of football operations at the club. The Ineos founder, chairman and chief executive has completed his acquisition of 25 per cent of the Club's class B shares and 25 per cent of the club's Class A shares. The investment from Trawlers Ltd, a company wholly owned by Ratcliffe, received Premier League and Football Association approval last week.
, a regular presence around the club. One of their first moves has been to appoint Omar Berrada from rivals Manchester City as the club's new chief executive. Sky Sports News understands the appointment was made by Ratcliffe in consultation with Joel and Avram Glazer but that were the driving force behind the move.
are also lining up a move for Newcastle sporting director Dan Ashworth after Manchester United approached the Magpies for the 52-year-old. Newcastle have placed Ashworth on gardening leave after he told the Tyneside club he wanted to leave on Sunday. Ashworth is top of Ratcliffe's list to front up his new football operation at Old Trafford but a deal is not straightforward.
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