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Jim Ratcliffe THREATENED to pull plug on Utd if Christmas Day deadline wasn’t met

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Sir Jim Ratcliffe had threatened to withdraw his £1.03 billion offer for Manchester United if the Glazers did not accept it by Christmas Day.

However, it appears that the Glazers could have the ability to force Ratcliffe to sell his 25% stake in the club in just 18 months.

Ratcliffe’s announcement on December 24th took many by surprise, but recent paperwork filed with the New York Stock Exchange has revealed that the Ineos billionaire was prepared to walk away if a deal was not reached.

Despite this, United announced a loss of £25.8 million for the quarter ending on September 30th, although they also posted record revenues of £157 million for the same period.

The negotiations between Ratcliffe’s company Trawlers Limited and the Glazer family have been ongoing since February of the previous year, with progress finally being made in discussions held between December 18th and 22nd.

The Glazer family had indicated their willingness to entertain offers for the club in November 2022, leading to 26 non-disclosure agreements being signed, with 19 parties invited to submit bids.

Sheikh Jassim appeared to be a frontrunner at one point but withdrew from the process in mid-October.

United’s recent financial figures also revealed that the club’s wage bill has increased by 9.7% to £90.3 million following the signing of seven new players in the summer transfer window.

Additionally, the return to the Champions League this season has likely led to an increase in player salaries due to clauses in their contracts.

Manager Erik ten Hag has sanctioned nearly £180 million worth of new signings, including Mason Mount, Rasmus Hojlund, and Andre Onana.

To offset these expenses and comply with the Premier League’s Financial Fair Play guidelines, the club has received around £30 million from the sales of Anthony Elanga, Fred, and Dean Henderson.

However, United’s financial forecast for 2024 has been revised downwards following their disappointing early exit from European football.

As a result of finishing bottom of their Champions League group, the club has missed out on additional midweek matches and prize money, which could cost them between £30 and £45 million.

EPL

Man Utd’s entire squad ‘is up for sale’ – with just 3 names ‘off limits’ (Details)

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Man Utd's entire squad 'is up for sale' - with just 3 names 'off limits' (Details)

Manchester United are reportedly considering a significant squad overhaul this summer, with only three players considered off-limits.

The club’s new leadership, led by co-owner Sir Jim Ratcliffe and incoming CEO Omar Berrada, is said to be prepared to make bold decisions regarding player sales, especially with United facing restrictions due to Premier League spending rules.

The absence of Champions League football next season has dealt a blow to INEOS’ plans for a squad revamp, and the futures of many players, including manager Erik ten Hag, remain uncertain.

Agents and recruitment figures at rival clubs believe United’s management is open to most bids, indicating a potentially extensive shake-up of the squad.

Even Marcus Rashford, a key figure at United, could be allowed to leave if the right offer comes in. Reports suggest that United would seriously consider offers for the forward, particularly if he expresses a desire to move on.

Paris Saint-Germain is one of the clubs that could realistically meet Rashford’s valuation and wage demands.

While United still believe in Rashford and want him to succeed, his recent drop in form has been concerning. The club’s financial situation, with profits from homegrown player sales going towards Financial Fair Play regulations, could influence their decision to sell him.

United’s transfer plans include the desire to sign a new striker, central midfielder, and right-sided center back, but financial constraints may limit their ability to make big-money signings. The club may need to adopt a sell-to-buy strategy, especially if they miss out on European football next season.

Despite the potential for a squad overhaul, three young players – Kobbie Mainoo, Alejandro Garnacho, and Rasmus Hojlund – are reportedly seen as key to United’s future plans.

Rashford’s form has been compared unfavorably to Garnacho’s, who has impressed since joining from Atletico Madrid in 2020.

Rashford has faced criticism from fans and has struggled this season after signing a new contract. Manager Ten Hag has called for support for Rashford, acknowledging his past achievements and urging him to rediscover his best form.

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Champions League

Manchester City 1-1 Real Madrid (agg 4-4): Los Blancos through after shootout (Video)

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Manchester City 1-1 Real Madrid (agg 4-4): Los Blancos through after shootout (Video)

Manchester City’s hopes of retaining the Champions League were dashed by Real Madrid in a thrilling quarter-final at Etihad Stadium that ended in a penalty shootout.

Despite going behind early to Rodrygo’s goal, City dominated the game and equalized through Kevin de Bruyne in the 76th minute. Their relentless attack, however, was met with a resilient defense from Real, who managed to hold on until the end of extra time.

The match was ultimately decided by penalties, with Luka Modric missing Real’s first spot-kick. However, City’s Bernardo Silva and Mateo Kovacic failed to convert, allowing Rudiger to score the winning penalty for Real Madrid.

The defeat ended City’s hopes of securing another treble, as they now shift their focus to the Premier League and FA Cup. They face Chelsea in the FA Cup semi-final at Wembley on Saturday, needing to bounce back quickly from this disappointment.

Real Madrid vs Man City

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EPL

Palmer overtakes three-season Havertz stat at Chelsea

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Palmer overtakes three-season Havertz stat at Chelsea

Cole Palmer’s remarkable four-goal performance against Everton on Monday evening has propelled him to the top of the Premier League golden boot race.

With 20 goals to his name this season, he is now neck and neck with Erling Haaland in the race for the prestigious award.

His scoring spree also highlights his incredible impact at Chelsea, as he has now scored more league goals in his first seven months at the club than Kai Havertz managed in three seasons, tallying 19 goals.

Palmer’s outstanding form has been instrumental in Chelsea’s climb up the Premier League table, bringing them within just three points of sixth place.

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