Man Utd Decide on new Leadership Committee as Part of Sir Jim Ratcliffe Deal

Manchester United are set to appoint a new leadership committee as part of the deal that will see INEOS founder Sir Jim Ratcliffe become a minority owner.

With Qatari banker Sheikh Jassim withdrawing his full takeover bid, Ratcliffe has been able to agree a deal with the Glazer family to acquire a smaller share of the club. It will see the British billionaire come on board but also allows the Glazers, who first issued a statement confirming a willingness to consider ‘strategic alternatives’ last November, to remain in charge for at least the time being.

Ratcliffe’s longer-term ambition remains a full takeover in the future, with his staggered approach valuing United higher overall than Sheikh Jassim’s £5bn offer. Ultimately, the Qatari bid fell short of the Glazers’ valuation of the club, which ranges from in excess of £6bn to potentially up to £10bn.

90min understands that a three-person committee of Ratcliffe, Sir Dave Brailsford and Joel Glazer will oversee the immediate changes at United as the club evolves with the new input. It is not expected to be a very formal arrangement, but will sit at a level higher than chief executive Richard Arnold, who continues to run the business side, and a yet to be decided sporting director.

The committee could also be expanded or disbanded in the future depending on how things go.