It is no big news that Britain’s richest continue to buy Manchester United. – It has been a must for Sir Jim Ratcliffe to buy the entire club. – Now that some time has passed, the Glazer siblings can sell individually from December 1st this year. Until now, the unpopular Glazer family has operated as a group.
This is happening at the same time as fans are starting to get tired of constant austerity measures and a series of bad decisions. The billionaire has implemented a number of small cost-cutting measures during his time at United, giving redundancies to more than 250 employees and benefits such as Christmas parties and company cards cancelled.
What has angered most fans is the fact that Manchester United have scrapped some concession tickets and increased prices by 124% in some areas.
Before Bournemouth are welcomed to a run-down stadium Old Trafford, Manchester United are in 13th place with 22 points after 16 games.
Sir Jim Ratcliffe owned 27.7% of the shares in Manchester United before this week.
Ratcliffe took over as a minority owner of United in February and increased his stake in the club this week, investing a further £75 million and increasing his stake to 28.49%.
