According to a source speaking to ESPN on October 16, 2023, Erik ten Hag will reportedly be assured of his place in Sir Jim Ratcliffe’s vision for Manchester United if the British billionaire successfully secures a 25% stake in the club through a £1.3 billion ($1.58bn) investment.
Ratcliffe, renowned as the founder of INEOS, is eager to wield influence over the club’s football operations but is not, as per the source, contemplating a replacement for Ten Hag. The Dutchman has notably led Manchester United to a commendable third-place finish in the Premier League and secured the Carabao Cup during his inaugural season as manager.
Despite Manchester United’s lackluster start to the ongoing season, with six losses in 11 games across all competitions, INEOS is favoring the retention of Ten Hag as the manager.
The club is poised to convene a board meeting on Thursday, during which the finalization of an agreement with Ratcliffe and INEOS is anticipated. Ratcliffe is aware that his bid to acquire a minority stake may not sit well with the fans, as it would keep the Glazer family as majority owners of the club. Nevertheless, he hopes that this initial investment will potentially pave the way for a complete takeover in the future. For now, the Glazers are expected to maintain their majority ownership.
In November, fans were optimistic about ending the Glazers’ 18-year ownership following the announcement that the American family was considering selling the club. However, this optimism was dampened when it was revealed that the sole offer for 100% control of the club from Sheikh Jassim had been withdrawn. Sheikh Jassim cited the Glazers’ valuation as the primary reason for his decision. His final offer fell short by approximately £1 billion of the Glazers’ asking price, with a value of around £5 billion. If Ratcliffe’s bid succeeds, he is anticipated to unveil ambitious plans for the future of Manchester United, including potential redevelopment of Old Trafford with the aim of increasing its capacity from 76,000 to 90,000.
Biography of Erik Ten hag
Erik Ten Hag is a Dutch football manager renowned for his tactical acumen and leadership in the world of football. Born on February 2, 1970, in Haaksbergen, Netherlands, Ten Hag’s journey to becoming a prominent figure in the sport is marked by dedication and perseverance.
Ten Hag’s passion for football was evident from a young age, and he pursued this passion as a player, primarily as a central defender. During his playing career, he featured for clubs like FC Utrecht and Udiros, albeit without reaching the same level of recognition he would attain as a manager.
It was as a manager that Erik Ten Hag truly made his mark. His managerial career took off in the Netherlands, where he worked with Utrecht’s youth teams before stepping into the role of head coach for FC Utrecht in 2015. Under his guidance, FC Utrecht experienced a notable improvement in performance and tactical organization.
In 2017, Ten Hag’s talent caught the attention of Dutch giants Ajax. He took over as the head coach, and during his tenure, he led the club to domestic and international success. Ajax’s remarkable journey in the 2018-2019 UEFA Champions League, where they reached the semi-finals against all odds, is a testament to Ten Hag’s tactical brilliance.
Erik Ten Hag’s approach to the game is characterized by a focus on high pressing, possession-based football, and nurturing young talent. His meticulous attention to detail and the ability to adapt his tactics to various opponents have earned him widespread respect in the football world.
Ten Hag’s achievements have not gone unnoticed, and he has been linked with top clubs across Europe due to his impressive track record. His coaching style and commitment to developing both players and teams have established him as one of the most sought-after managers in the sport.
As of my last knowledge update in September 2021, Erik Ten Hag’s career continues to evolve, and his story in the world of football remains a captivating one. Please note that there may have been developments in his career since that time.