Sir Jim Ratcliffe will need to oversee significant development if he wants to accomplish his ultimate ambition of controlling Manchester United.
Joel Glazer rang the bell on Wall Street eleven years ago when Manchester United was listed on the Stock Exchange. The bell has rung for Sheikh Jassim Bin Hamad Al Thani.
In July, a banker a few minutes walk away from the bronze Charging Bull in Manhattan revealed that the Raine Group, which was in charge of overseeing the probable sale of United, believed they had been tasked with selling something unsellable.
The Glazers have adopted the mantra ‘United, United, not for sale’.
For a long time, it appeared that United would not be sold outright. On the club’s pre-season tour in Las Vegas, a high-ranking official reminded us that the statement announcing the strategic review last November did not specifically declare that the end outcome would be a sale.
Many employees have kept their powder dry. Collette Roche, the chief operations officer, appeared uncomfortable when she was inadvertently photographed with Sir Jim Ratcliffe, while a colleague cooed over what a “brilliant person” Joel Glazer is.