INEOS project is positive for Manchester United – Ten Hag

Manchester United boss Erik ten Hag says INEOS coming on board as part of the owners of the club will be crucial going forward.

Earlier this week, British billionaire Sir Jim Ratcliffe agreed to buy a 25% stake in the club for about $1.3bn (£1.03bn).

Ratcliffe’s Ineos Group will take control of football operations following their purchase of the stake.

The 71-year-old will also provide $300m (£236m) for future investment into the club’s Old Trafford stadium.

Asked what does means to him, Ten Hag said: “I think it’s very positive. This group has a lot of experience in sport at the highest level, so it will be very good for Manchester United.”

“We are optimists. We have been kept informed during the whole process.

“It’s very good, we are looking forward to working with them.

“It’s positive for Manchester United.”

United currently occupy the 6th place on the league table after 19 games played in the Premier League.