"During 18 years of debt, decay and mismanagement, Manchester United fans have loudly and consistently called for change at our Club," read a statement from the Manchester United Supporters Trust in response to Sir Jim Ratcliffe's 25% stake purchase.
"When the so-called Strategic Review was announced nearly a year ago, it finally appeared that the sale of the club was on the horizon, potentially bringing the new investment and new direction MUFC so clearly needs.
"Against that backdrop, fans have very mixed feelings today.
"We welcome the investment from a boyhood red, Sir Jim Ratcliffe and his INEOS company, but many will wish his ownership stake was greater than the initially rumoured 25%."
Addressing a question that's been in our minds, the statement continued: "We note the statements that he and his team will control sporting activities, yet puzzle how any organisation can put its very core business in the hands of a minority shareholder, and how that meaningfully works in practice."
Indeed, as a minority shareholder, it's strange that Ratcliffe will still get full control over all football operations.
He will also get a seat on the board in addition to having a say over commercial activities as well.
Right now, there's not much clarity from official sources over the shift in power dynamics at Old Trafford. However, good or bad, this is the dawn of a new era in our history.
Ultime notizie
