{"id":294993,"date":"2023-10-21T22:25:18","date_gmt":"2023-10-21T22:25:18","guid":{"rendered":"https:\/\/allmysportsnews.com\/?p=294993"},"modified":"2023-10-21T22:25:18","modified_gmt":"2023-10-21T22:25:18","slug":"in-the-money-sir-jim-ratcliffes-man-utd-investment-faces-more-delays","status":"publish","type":"post","link":"https:\/\/allmysportsnews.com\/soccer\/in-the-money-sir-jim-ratcliffes-man-utd-investment-faces-more-delays\/","title":{"rendered":"IN THE MONEY: Sir Jim Ratcliffe&apos;s Man Utd investment faces more delays"},"content":{"rendered":"<h1>IN THE MONEY: Sir Jim Ratcliffe&#8217;s Manchester United investment faces yet more delays over Old Trafford improvements&#8230; as both Chelsea and Newcastle plot their own ground expansions<\/h1>\n<ul>\n<li><span>Sir Jim Ratcliffe&#8217;s proposed Man United investment could face lengthy delays<\/span><\/li>\n<li>Chelsea and Newcastle outline improvements to their current stadium plans\u00a0<\/li>\n<li><strong>Listen to the latest episode of Mail Sport&#8217;s podcast &#8216;It&#8217;s All Kicking Off!&#8217;\u00a0<\/strong><\/li>\n<\/ul>\n<p>Sir Jim Ratcliffe\u2019s proposed investment into Manchester United is set to face delays due to complications over how he might increase his share in the club beyond an initial 25 per cent holding, if he agrees to fund stadium improvements.<\/p>\n<p>It is already near certain that no deal for a 25 per cent stake will be concluded in time for the January transfer window. And there remains some doubt even around which shares Ratcliffe might initially purchase.<\/p>\n<p>One possibility is that Ratcliffe will buy a quarter of the Glazer family\u2019s \u2018B\u2019 shares, which come with increase voting rights; the Glazers collectively own 69 per cent of United for now, so a quarter of those shares would be 17.25 per cent of United.<\/p>\n<p>Ratcliffe might then buy a quarter of the other 31 per cent of the remaining \u2018A shares\u2019, or 7.75 per cent of United, to give him 25 per cent of United in total. However, that arrangement would be revised, sources say, if Ratcliffe invests further money into the club for stadium improvements.<\/p>\n<p>Ratcliffe is reportedly ready to accelerate plans to boost Old Trafford\u2019s capacity from 76,000 to 90,000. But he will only invest if he is given guarantees his share will increase if the Glazers do not match his spend. Talks are continuing.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/21\/21\/76844189-0-image-a-95_1697919295927.jpg\" height=\"435\" width=\"634\"><\/p>\n<p>There could be delays over Sir Jim Ratcliffe&#8217;s proposed investment into Manchester United\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/21\/21\/76844197-0-image-a-96_1697919325392.jpg\" height=\"428\" width=\"634\"><\/p>\n<p>The complications come from proposed plans to improve United&#8217;s Old Trafford stadium\u00a0<\/p>\n<p>Your browser does not support iframes.<\/p>\n<p>Old Trafford needs investment to bring it in line with other Premier League stadiums, including Anfield, the Etihad and the Tottenham Hotspur Stadium. The stadium is suffering with leaky roofs and outdated facilities. Fan concerns have been raised due to the fact that Ratcliffe is using loans from two banks \u2014 Goldman Sachs and JPMorgan \u2014 to fund his United deal.<\/p>\n<p>Sources close to the funding have revealed the deal is far from complete and that Ratcliffe\u2019s loans will come with interest rates of six per cent \u2014 prompting fears the debts may fall on the club.<\/p>\n<p>The Glazers have long been despised by many United fans for taking over the club in the first place with leveraged debt.<\/p>\n<p>Ratcliffe is proposing a new United football committee of himself, Joel Glazer and Sir Dave Brailsford if his deal is agreed.<\/p>\n<p>Chelsea&#8217;s Stamford Bridge expansion will not begin until 2026 at the earliest. The club has agreed an \u00a380million deal to buy land adjacent to the stadium, from veteran\u2019s charity Stoll.<\/p>\n<p>But the land will be leased back to Stoll for at least two years to rehouse residents. The period will also allow Chelsea owner Todd Boehly and Clearlake Capital time to finalise expansion designs and get planning permission.<\/p>\n<p>A Stoll spokesperson said: \u2018We\u2019d expect to have at least two years in which our team will work with every resident to find new accommodation.\u2019<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/21\/21\/76844203-0-image-a-97_1697919360726.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Chelsea plan to expand Stamford Bridge in 2026 after agreeing a deal to buy nearby land\u00a0<\/p>\n<p>Local stakeholders have commissioned a proposal for plans to move a Grade One-listed building near St James\u2019 Park to allow Newcastle United to expand the stadium to 65,000 seats.<\/p>\n<p>The report, not yet involving the club, is expected to be published next year and will examine the cost and viability of moving the listed building, called Leazes Terrace, into a nearby park.<\/p>\n<p>The relocation would allow the club to expand the East Stand of St James\u2019 Park, although there is expected to be resistance from heritage groups. Newcastle owners PIF want to expand the ground but are hampered by light restrictions connected to neighbouring buildings.<\/p>\n<p>Everton&#8217;s\u00a0proposed future under the ownership of Miami-based investors 777 has been thrown into fresh doubt because the American firm has declined to address concerns about its takeover by Liverpool mayor Steve Rotherham.<\/p>\n<p>Rotherham wrote to Everton owner Farhad Moshiri last month, in a letter seen by this newspaper, to detail how \u00a315million of public money has already been given to them for their new Bramley Moore Dock stadium. He also offered \u00a330m of additional loan funding for the project, which Everton declined.<\/p>\n<p>Rotherham sought assurances from Moshiri \u2018that the club will continue to be funded by yourself to operate as a going concern during the time it takes to complete a [777 takeover] deal.\u2019<\/p>\n<p>He also wanted assurances the new stadium project will unfold \u2018so that this critical regeneration project will be completed in line with the planning timetable\u2019.<\/p>\n<p>Sources say that neither Moshiri nor 777 have adequately addressed the mayor\u2019s concerns.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/21\/21\/76844211-0-image-a-98_1697919407649.jpg\" height=\"466\" width=\"634\"><\/p>\n<p>Investors 777 want to take ownership of Everton from current owner Farhad Moshiri\u00a0<\/p>\n<h3>IT&#8217;S ALL KICKING OFF!\u00a0<\/h3>\n<p><span><span>It&#8217;s All Kicking Off is an exciting new podcast from Mail Sport that promises a different take on Premier League football.<\/span><\/span><\/p>\n<p><span><span>It is available on MailOnline, Mail+, YouTube, Apple Music and Spotify.<\/span><\/span><\/p>\n<p>Your browser does not support iframes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/i\/pix\/2017\/08\/02\/636x90_facebook_ad_sport.png\" width=\"636\" height=\"90\"><br \/>\nSource: <a href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-12657523\/IN-MONEY-Sir-Jim-Ratcliffes-Manchester-United-investment-faces-delays-Old-Trafford-improvements-Chelsea-Newcastle-plot-ground-expansions.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IN THE MONEY: Sir Jim Ratcliffe&#8217;s Manchester United investment faces yet more delays over Old Trafford improvements&#8230; as both Chelsea [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":294992,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IN THE MONEY: Sir Jim Ratcliffe&amp;apos;s Man Utd investment faces more delays - All My Sports News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/allmysportsnews.com\/soccer\/in-the-money-sir-jim-ratcliffes-man-utd-investment-faces-more-delays\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IN THE MONEY: Sir Jim Ratcliffe&amp;apos;s Man Utd investment faces more delays - All My Sports News\" \/>\n<meta property=\"og:description\" content=\"IN THE MONEY: Sir Jim Ratcliffe&#8217;s Manchester United investment faces yet more delays over Old Trafford improvements&#8230; 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