Sir Jim Ratcliffe is considering making a potentially controversial Old Trafford decision How could this be possible that he gets to bring with this kind of decision so late 🙀
New Manchester United minority owner Sir Jim Ratcliffe may soon find himself in the spotlight for a potentially contentious decision. The INEOS owner, who purchased a 25% stake in the club last December for £1.3 billion, is contemplating selling the naming rights to Old Trafford, the club’s legendary stadium.
Ratcliffe’s commitment to Manchester United is clear, as he aims to significantly upgrade Old Trafford. According to The Athletic, the club is evaluating the possibility of selling naming rights either for a refurbished Old Trafford or for an entirely new stadium. If a new stadium is constructed, the total naming rights will be sold, marking a significant departure from the tradition associated with one of the world’s most iconic football stadiums. However, if the decision is to remain at Old Trafford, an associated partner will be brought in.
To finance this ambitious project, Manchester United has begun discussions with major financial institutions, including the Bank of America. Ratcliffe, now in charge of football operations through his INEOS Sport company, envisions creating a “Wembley of the North.”
As these discussions continue, Manchester United fans and stakeholders will be keenly watching how this potential move could reshape the club’s future. While the sale of naming rights is a controversial move, it could provide the club with a significant financial boost, facilitating the envisioned improvements and ensuring the club remains competitive on and off the field.
