{"id":294914,"date":"2023-10-25T05:39:14","date_gmt":"2023-10-25T05:39:14","guid":{"rendered":"https:\/\/tellmysport.com\/?p=294914"},"modified":"2023-10-25T05:39:14","modified_gmt":"2023-10-25T05:39:14","slug":"man-utd-icon-rio-ferdinand-raises-sir-jim-ratcliffe-fear-as-massive-job-awaits","status":"publish","type":"post","link":"https:\/\/tellmysport.com\/soccer\/man-utd-icon-rio-ferdinand-raises-sir-jim-ratcliffe-fear-as-massive-job-awaits\/","title":{"rendered":"Man Utd icon Rio Ferdinand raises Sir Jim Ratcliffe fear as ‘massive job’ awaits"},"content":{"rendered":"

Jim Ratcliffe's potential Man Utd investment assessed | Football Digest<\/h3>\n

Manchester United icon Rio Ferdinand has raised concerns that Sir Jim Ratcliffe must address quickly if he completes a deal to take a minority ownership in the club. Ratcliffe is poised to complete his \u00a31.4billion deal with the Glazers that will see him acquire a minority stake in the Premier League club, but Ferdinand has warned the INEOS supremo not to expect a hugely warm welcome at Old Trafford.<\/p>\n

Ratcliffe’s bid is moving forward after Sheikh Jassim opted to withdraw from the running following a protracted 11-month bidding process, with the Glazers choosing US financial firm Raine to evaluate offers to take over the club. But the Qatari’s final bid – believed to be around \u00a35billion – was not deemed to be lucrative enough to meet their demands.<\/p>\n

Instead, Ratcliffe’s offer for 25 percent will allow the Glazers to retain their controlling stake in the club, although it appears Ratcliffe will be taking charge of footballing affairs while the American family step back into the background. He is said to be keen for a quick resolution now that he is the sole bidder.<\/p>\n

Ferdinand is still yet to be convinced by Ratcliffe, however, as the 43-year-old used stint as OGC Nice owner as a prime example to raise his own doubts about Ratcliffe’s ability to run United.<\/p>\n

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READ MORE <\/strong> Jim Ratcliffe has already squashed three major concerns over \u00a31.4bn Man Utd deal[INSIGHT] <\/strong><\/p>\n

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“He\u2019s already had a foray into football with Nice and that doesn\u2019t exactly jump out of the page at you when you look at what\u2019s happened there. That doesn\u2019t fill me with confidence,” Ferdinand told TNT Sports before the game.<\/p>\n

Ferdinand has proven to be one of the more outspoken voices amongst the pool of former players at the club. Supporters have also taken his comments about the Glazers on board before, which may concern Ratcliffe as he prepares for his arrival at the club.<\/p>\n

The former defender, who won six Premier League titles in his 12-year spell with the club, thinks the fans won’t be completely won over by the 70-year-old businessman, given the time it has taken to reach a decision and the fact the Glazers are still in power.<\/p>\n