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Since Sir Jim Ratcliffe purchased 27.7% of Manchester United earlier this year, the club has experienced many changes welcoming in the reign of Ratcliffe.
Whilst Erik ten Hag has been kept in his role as first team manager, with an extension keeping him at Old Trafford until 2026, a lot of the senior directors have now been replaced.
Omar Berrada is joining the Red Devils from Manchester City as the new CEO of the club, with Jason Wilcox already in position as technical director having joined from Southampton.
United have finally seen Dan Ashworth join them from Newcastle after £10 million was paid to the Magpies in compensation for the move following Ashworth’s controversial garden leave.
Finally Christopher Vivell has also join following spells and RedBull Leipzig and Chelsea to lend his expert skills in recruitment on a short-term basis.
As for the infrastructure at Old Trafford, Ratcliffe has already pledged an investment into the club of around £200 million, with the renovation of the training ground at Carrington costing over £50 million.
However, it’s being reported now that the INEOS owner’s purchase of the minority stake at the club has actually cost United £40 million to get it over the line thanks to the release of the Red Devils’ third quarter financial reports.
The Daily Mail have reported that United spent £30.3 million in legal fees relating to the deal with a further £9.6 million which was reported in quarter two, bringing a grand total of £39.9 million spent on the deal.
The Red Devils have expressed they believed it was necessary in order to complete the deal and that the long-term benefits of the deal will make it worth while.
Ten Hag has showed support to the co-owner saying: “With the new ownership coming in, they can help us, they are very supportive. We’ve made a process, which we’ve constructed across the summer and we are in a very strong position to go and attack.”
He continued: “We really have something to look forward to and that will be the best training ground in English football, but the most important is now. We live today and they did a great job to make this work and make this facility work to a professional condition, so we can work professionally. Four weeks ago here it was chaotic; now it’s set up so professionally.”
