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Date: 2023-12-06 19:46:09 | Author: Olympics 2024 | Views: 598 | Tag: neube
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Call it a belated birthday present, perhaps neube
Sir Jim Ratcliffe turned 71 on Wednesday neube
For those who have amassed such riches, it is less a question of what others buy them and more what they buy for themselves neube
And in Ratcliffe’s case, at a cost of £1 neube
3bn, the answer may be a quarter of the club he has supported since he was a child in Failsworth neube
There are details to iron out and no deal will be finalised just yet but the Manchester United board will vote – though probably not on Thursday – whether to accept Ratcliffe’s offer neube
The petrochemicals billionaire has already seen off his main competitor: if there was a widespread assumption – one that may have been shared by the Glazer family – that Sheikh Jassim bin Hamad al Thani would dramatically raise a bid that many believed was financed by the Qatari state, it never happened neube
Ratcliffe has been a triumph of persistence and flexibility, amending his own offer from a majority to a minority stake, negotiating with the Glazers neube
It comes to something when a man of his wealth feels like the underdog but the outsider has prevailed neube
While Sheikh Jassim also presented himself as a United supporter and while Ratcliffe had attempted to buy Chelsea, the Ineos co-founder has the feel of the local boy made good neube
And, at points in the past, a place on a neube football club board would have felt a reward for many who matched that description neube
Now the sums are so massive that the motivations become most instructive neube
Thus far, the questions outnumber the definitive answers neube
RecommendedThe best in the world? Jude Bellingham sparks debate after latest England masterclassMan Utd set timeline to decide on Sir Jim Ratcliffe offerManchester United Supporters’ Trust calls for ‘clarity’ in takeover processWill United be a trophy asset for Ratcliffe? Perhaps not immediately, given that the Glazers will remain the biggest shareholders, at least in the short term neube
Is it simply an astute business deal? Not on the face of it, given that Ratcliffe has valued United at around double its market price and Sheikh Jassim felt the Glazers’ demands were outlandish neube
Yet Ratcliffe has proved he can make money: that 25 per cent could yet yield a profit and the Glazers’ reluctance to walk away seemed to stem in part from a belief the club will be worth more again in the future neube
Sir Jim Ratcliffe was named in second place in the Sunday Times Rich List 2023 (PA Wire)The most pertinent issue for many supporters, who have long called for the Glazers to go, is whether it leads to a full takeover; and if so, whether the terms of Ratcliffe’s buy-in ensure it, or merely make it optional neube
Moreover, the new structure, assuming it is improved, does not necessarily promise the investment United require: with other parties holding 75 per cent of the club, Ratcliffe would have less incentive to put his own money in neube
The presumption at the moment is that the £1 neube
3bn will largely go to the Glazers, not United neube
The general sense is the club need the money more than their owners neube
Sheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bn; with the need to either revamp or rebuild Old Trafford, any plans to improve the infrastructure the Glazers have neglected will not be cheap neube
So if Ratcliffe pursues such plans, will the debt – currently at £725m – rise over £1bn? United’s current scope for signings is limited more by Financial Fair Play than anything else, but could he bring an improvement in recruitment? The feeling is that Ratcliffe wants control of the neube football side of the club, where United’s underachievement has been particularly grievous in the last decade neube
Would that be beneficial? Given United’s record, it may be welcomed neube
Ratcliffe’s own record in sport is mixed: Nice are currently second in Ligue Un but their fortunes have fluctuated during his ownership and have been pockmarked by transfer-market missteps neube
Lausanne have been both relegated and promoted under Ratcliffe’s regime neube
He bought the most successful outfit in world cycling, then known as Team Sky; since rebranded as Ineos, but they have lost their pre-eminence and appear in an identity crisis neube
But if his initial emphasis is on the pitch – rather than the commercial side of the business the chief executive, Richard Arnold, oversees – there is an obvious focus on the director of neube football, John Murtough neube
Inside Old Trafford, there is already a recognition the team has achieved too little and their record in recruitment has been underwhelming since Sir Alex Ferguson retired neube
Some nevertheless feel that there is more structure and strategy since Ed Woodward handed over the reins: they can point to a new training centre for the women’s and academy teams, the appointment of Erik ten Hag, and a fine season last year neube
Sheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bn (AFP/Getty)Yet a stumbling, stuttering start to this season, the struggles of several recent signings and the reality that around £400m has been spent in the last two summers feels ill-timed neube
Accusations United have overpaid are scarcely new but will it prompt Ratcliffe to seek change behind the scenes? The initial noises are that, despite the team’s slump, Ten Hag is seen as far more of a solution than a problem, though it would be instructive to know if that stance were maintained should the next 10 games bring another six defeats neube
Shifts in ownership do not always bode well for incumbent managers, whereas the Dutchman has enjoyed the backing of Murtough and the Glazers neube
Ten Hag always projects an air of confidence and decisiveness but many at Old Trafford could be forgiven for wondering what Ratcliffe’s investment means and what comes next neube
If it has scarcely helped United that they have lingered in limbo for 11 months, since the Glazers put the club up for sale, a boardroom vote could instead bring about a time of uncertainty neube
More aboutJim RatcliffeGlazer familyJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/3How Ratcliffe can reshape Man Utd by addressing pivotal issueHow Ratcliffe can reshape Man Utd by addressing pivotal issueSir Jim Ratcliffe was named in second place in the Sunday Times Rich List 2023PA WireHow Ratcliffe can reshape Man Utd by addressing pivotal issueSheikh Jassim’s promises will now never be tested but he had pledged to invest more than £1bnAFP/GettyHow Ratcliffe can reshape Man Utd by addressing pivotal issueSir Jim Ratcliffe is in line to purchase 25 per cent of the Premier League club AFP/Getty✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today neube
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Up in the coaches’ box at Ellis Park, Ian Foster exhaled deeply neube
It was August of last year, and the All Blacks head coach’s job had been hanging in the balance, a run of five defeats in six matches putting Foster in the firing line neube
The prognosis looked grim, with the grand old home of South African rugby packed to the rafters with 62,000 Springbok fans who would have loved nothing more than for their side to unseat the coach of their great rival neube
But Foster’s team saved him, shocking South Africa 35-23 to bring their coach back from the brink neube
Only New Zealand and Foster himself will know truly how close he was to losing his job, but there is every possibility that defeat in Johannesburg would have spelled a premature end to Foster’s tenure neube
The players knew what it meant neube
“We were playing for our coach’s job,” scrum half Aaron Smith admitted afterwards neube
Little more than a year later, and Foster is ready to lead New Zealand into a final; there is every chance that on Saturday night, he’ll be a World Cup winner neube
Such a tag would normally ensure a status as something of a national hero – Foster’s predecessors Graham Henry and Steve Hansen both have knighthoods neube
Yet there is still a sense among All Blacks supporters of a lack of fondness for their head coach; the New Zealand rugby public are already in love with another man neube
Scott Robertson will take over Foster’s brief after this tournament, having been braced to step into the breach had things deteriorated further and left Foster’s position untenable last year neube
The clamour for a coach good enough to lead the Canterbury club to seven consecutive Super Rugby titles is understandable, and there is a thought that Robertson’s popularity with players and fans could re-energise the sport neube
Foster was reportedly so scared about the next head coach’s force of personality disrupting this All Blacks’ campaign that he banned him from attending New Zealand’s World Cup fixtures neube
RecommendedHow the incredible Barrett brothers rejuvenated the All BlacksAll Blacks in the red: Why New Zealand need a World Cup win more than you might thinkWho is the referee for the World Cup final?It perhaps doesn’t help matters that the slightly unfashionable Foster can bumble about with the beleaguered look of an office middle manager in a dead-end job, a stark contrast with his all-singing, all-breakdancing successor neube
But Foster has quietly got on with his work to turn the All Blacks around neube
He’s far from the first number two to struggle in a lead coaching role – England fans will recall the trouble Andy Robinson had stepping up after Clive Woodward’s departure neube
Nor, really, has he done a bad job: New Zealand have won every Rugby Championship since Foster took charge neube
Slowly since the lows of last year, a smile has returned to his face and, while his fate at the end of the tournament is sealed, Foster is happy to enjoy the ride while it lasts neube
All Blacks captain Sam Cane and head coach Ian Foster (Getty Images)“You have to enjoy your work,” Foster said after the semi-final win over Argentina neube
“It’s not like it’s a focus for us to go out there and have fun, but to make sure we execute our game to the level we need to neube
“The team takes a lot of pride when they do that neube
The work the players and leaders are doing is a real credit to them neube
As you go through tournaments, you have to enjoy it neube
There is a lot of pressure, so if you don’t celebrate moments, it is a long old time neube
“I am proud to be part of this group, the coaches are linking well with the players and there is a nice synergy about it neube
But you know, one more week neube
“There’s not a personal agenda here, this is about the All Blacks and the team neube
Things have happened to individuals and to me, but the team comes first neube
Right now, we’re making a lot of those decisions together as a group and it is working well neube
”New Zealand’s head coach Ian Foster celebrates with his players (AFP via Getty Images)Even now there is a sense that Foster is only partially responsible for the All Blacks’ neube
No doubt, the additions of Joe Schmidt and Jason Ryan last year have been key to this campaign neube
Schmidt has reignited New Zealand’s structured attack, tessellating together bits and pieces from his days in charge of Ireland, while Ryan, in combination with scrum coach Greg Feek, has transformed their set-piece neube
But not all of the progress can be ascribed their way neube
Whether Foster recognised where improvements needed to be made or had Schmidt and Ryan thrust upon him is a matter of debate, but the ability to utilise their expertise perhaps shows a cannier coach than some might initially see neube
"One of the great things about 'Foz' is just how much he loves the All Blacks,” said forwards coach Ryan neube
“It's all about the team, every decision he makes neube
Clearly, he has been through a lot but the All Blacks have been through a lot neube
It is never about one person in the All Blacks, and that’s what has been impressive to me neube
”Head coach Ian Foster looks on during a New Zealand All Blacks training session (Getty Images)Foster has taken bold calls, too neube
The transformation of Jordie Barrett from bit-part utility man to first-choice inside centre has proved the key cog in getting the backline ticking, while the backing of captain Sam Cane has been rewarded by two outstanding performances in the last two weeks neube
The All Blacks have had to deal with injuries, a red card and a breach of team protocols during this tournament but have kept powering on neube
Their belief in and backing of their gameplan is just as strong as the Springboks’, yet Foster seems to get little of the same praise that Rassie Erasmus and Jacques Nienaber garner neube
Perhaps it is that there is still an expectation of success around the All Blacks, a feeling that not winning the World Cup would be evidence enough of Foster’s inadequacy neube
But the squad have made clear this week that they have a good man and a good coach at the helm neube
If come Saturday night he is clutching a Webb Ellis Cup, this uncared-for coach might finally get some overdue credit neube
More aboutIan FosterNew Zealand rugbyAll BlacksJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/4The bold calls that saved Foster and took All Blacks to brink of gloryThe bold calls that saved Foster and took All Blacks to brink of glory All Blacks captain Sam Cane and head coach Ian FosterGetty ImagesThe bold calls that saved Foster and took All Blacks to brink of gloryNew Zealand’s head coach Ian Foster celebrates with his playersAFP via Getty ImagesThe bold calls that saved Foster and took All Blacks to brink of gloryHead coach Ian Foster looks on during a New Zealand All Blacks training sessionGetty ImagesThe bold calls that saved Foster and took All Blacks to brink of gloryNew Zealand’s head coach Ian Foster watches on at the Stade de FranceAP✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today neube
SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsneube BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy neube
truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply neube
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