Manchester United says British billionaire buys minority stake
CBSDEC 2023
Soccer: Sir Jim Ratcliffe Set to Acquire 25% Stake in Manchester United
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The Spin
Narrative A
After disastrous years under the Glazer family promoted a culture of incompetence at Old Trafford, this acquisition represents a new dawn for United fans. It's certain that only time will judge whether Ratcliffe can make a difference, but his plans to appoint a sporting director could prove the most important decision since the appointment of Sir Alex Ferguson back in 1986.
Narrative B
Though an undeniable commercial superpower, Manchester United has long been a mess on and off the pitch as the club has failed to invest in infrastructure, and its billionaire spending since Sir Alex Ferguson retired hasn't translated into a major title challenge. Ratcliffe may have the best intentions for the club, but because United faces pressing issues, it could take too long for his vision to be realized.