• Thursday, February 22, 2024
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Manchester United manager Ten Hag confident of investors backing


Amid pressure and speculations about his future at Old Trafford, Manchester United manager Erik ten Hag believes he has the backing of Sir Jim Ratcliffe and other investors at Old Trafford.

British Billionaire and CEO of INEOS Sir Jim Ratcliffe recently acquired a 25 per cent stake at Manchester United in a deal worth £1.3 billion, and Ten Hag said he is happy with the assurances he received from former Man United chief executive Richard Arnold and interim CEO Patrick Stewart.

In the new deal, Ratcliffe, the 71-year-old is expected to take full control of Manchester United’s footballing affairs, including the signing of new players and will also inject an additional £237 million into the club for investment in its infrastructure.

Ten Hag has been under pressure following The Red Devils’ poor run both in the Premier League and Europe.

United are in sixth place in the Premier League table at the moment and have been inconsistent so far this season.

United have lost 13 of 27 games this season and finished bottom of their Champions League group, but the former Ajax manager is hopeful of working with the new investor, Ratcliffe.

“We are looking forward to working together. Ineos wants to work with me in this structure, and I want to work with them, ” Ten Hag said as reported by Daily Mail.

“From the start of the process I was kept informed – first by Richard Arnold and later on by Patrick Stewart – so I know everything, I know every detail, how the meetings and talks and agreements are.

“Now it just has to settle down and give us some time. I have to talk with them and then we will see, but I’m very positive about the messages I have been given.

“The schedule is so condensed I didn’t have the time so far to speak with them, but it will come.

“I’m focused on the game so far, so I said no, at this moment I don’t want to have distractions. But there will be time for this and then I’ll know more. I think it’s a good thing, it’s very positive.

“I’m looking forward to the talks with them. In other [football] clubs, they have experience, in other sports, they have a lot of knowledge so I’m looking forward to seeing how they can contribute and I’m sure they can.”

The Red Devils will play Nottingham Forest at the City Ground on Saturday evening in an important Premier League fixture.