The eagerly awaited partial takeover of Manchester United by Sir Jim Ratcliffe seems to be on the horizon, expected to be fully ratified within the next six weeks. While certain club decisions can be made in the interim, specific aspects of club business are slated to wait until the completion of the takeover.
Sir Jim Ratcliffe is viewed by many as a potential savior for Manchester United, with fans eagerly anticipating changes under his ownership, particularly in contrast to the Glazer family’s management that has been criticized for not respecting the club’s proud heritage.
In a move likely to receive a positive response from the Old Trafford faithful, Ratcliffe has reportedly halted the payment of dividends for the next three years. This decision means that the Glazers will be prevented from diverting additional funds from Manchester United into their personal accounts during this period.
As supporters look forward to decisions concerning playing staff, the manager, and funding for the first team, Sir Jim’s move to address the dividend issue is seen as a promising start to his tenure, earning early approval from fans eager to see positive changes under the new ownership.