Erik ten Hag believes Ineos’ experience in other sporting fields will benefit Manchester United.
Ineos are awaiting regulatory approval from the Premier League for their minority stake of United, with an initial investment of £1.3billion. The deal was confirmed on Christmas Eve and we are still awaiting the finer details on what this will mean for the future of the football club.
Right now, I’m optimistic, but there’s still many unanswered questions for Sir Jim Ratcliffe. Like how long does he see the Glazer family sticking around? It sounds like he will prevent them from taking more dividends out of the club which can only be a positive.
Ineos has embarked on sporting ventures in not just football – but cycling, sailing, racing and marathon running. They own Ligue’s 1 OGC Nice, Swiss club FC Lausanne-Sport, cycling outfit Team Sky was rebranded as the Ineos Grenadiers, and they’re also a principal partner of the McLaren Formula One team.
Ten Hag has yet to have a lengthly meeting with Ineos since the Christmas Eve announcement, though he is looking forward to working with them in the future.
“I can say in this moment I’m looking forward to the talks with them,” Ten Hag told reporters, as per the Manchester Evening News. “In other clubs, they have experience in other sports, they have a lot of experience, a lot about performance, a lot of knowledge, so I’m really looking forward to [seeing] how they can contribute and I’m sure they can.
“Football is a very complicated sport, especially at the top, so I’m sure they will contribute, they will help us to achieve our high ambitions.
“From the start of the process I was kept informed, first by (former chief executive) Richard Arnold and later on by (interim chief executive) Patrick Stewart so I know everything.
“I know every detail, how the meetings and talks and agreements are. Now it just has to settle down and give us some time. I have to talk with them and not with you about this and then we will see but I’m sure I’m very positive about the messages I have been given.”
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