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Erik Ten Hag and his Manchester United Football Club are in the middle of transition on and off the pitch. Manchester United are facing a likely European Football Ban once the Jim Ratcliffe 25% stake goes through.
This news will come as a huge blow to the Old Trafford faithfuls who are already reeling with a bad start to the new seon. Jim Ratcliffe is set to invest close to 1.2 Billion Pounds after agreeing a deal with the Glazer Family which will see them retain power.
Manchester United are in huge turmoil on the pitch ahead of the game against Everton this Sunday at the Goodison Park. Everton themselves are going through a rough phase after they were given a penalty of 10 points deduction for breaching the financial fair play rules.
Jim Ratcliffe’s multi-ownership to cost Manchester United dear?
INEOS Owner Jim Ratcliffe is set to acquire 25% stake in Manchester United and the deal could be done very soon. The biggest problem that is in front of the Old Trafford side ois the fact that Jim Ratcliffe also owns OGC Nice a French club which is 2nd in the table.
Manchester United risk being given a European Football ban as the UEFA has changed the rules recently. As per the new rules, Manchester United need to finish higher than OFC Nice in their respective tables if they want to play the UEFA Champions League. UEFA are also set to give French Football three automatic spots plus one qualification spot.
Only way Manchester United will get to play Champions League football next season is if they finish in the same position as OGC Nice. In that case since the English Football has a better “Access List” the Red Devils will play Europe ahead of the French club.
A lot of disgruntled Manchester United fans are now aiming their guns at the Glazers and Jim Ratcliffe fearing the worst. Failure to qualify for the Champions League means loss of revenue and losing the chance to sign some top talents.
One top source from UEFA Stated “As the rules stand, It’s a clear situation. INEOS own Nice and are set to have a significant role in running United. Unless the regulations are changed or INEOS sell one of their stakes, they cannot both play in European Competitions, unless one in the Champions League and other in the Conference League”.
