The British tycoon will acquire a 25% share in the Red Devils for over £1.3billion, and his offer includes a clause giving him complete control over all sporting activities.

A member of the Glazer family, Joel, is anticipated to join Ineos Director of Sport Sir Dave Brailsford and Chairman of the Board of Ineos Jim Ratcliffe on a newly constituted committee, but the Glazers as a whole would take a backseat.

The agreement has not yet been finalized, but preparations have begun. Paul Mitchell, formerly of Tottenham and Monaco, is a major candidate for the position of sporting director at Ineos.

Reportedly ‘frustrated’ with United’s present setup and previous business, Ten Hag is ‘excited’ by the prospective shake up and is supporting Ratcliffe’s ideas and adjustments.

Souness has criticized the Dutchman for his rumored position, and he blames Ten Hag for much of United’s lackluster transfer activity in recent seasons.

‘Man United, with non-football people making football choices, have got this badly wrong for more than a decade,’ Souness wrote in his column for the Daily Mail.

Think about it: if every player on Man United was available on the transfer market, would the club get any of its money back? Actually, I doubt it.

When I criticize Man United, people usually assume I’m doing it because I’m wearing a Liverpool hat.

Actually, it’s the case! A strong Man United is necessary in the Premier League, but this will not happen overnight. It won’t take only a few transfer windows for them to move from where they are today to winning the Premier League and the Champions League.Because they are so far behind, they need to be patient, clever, and lucky.

‘A couple of days ago, I read in this paper that Erik ten Hag is so fed up with recruitment that he welcomes the coming of Ratcliffe. The manager does not get a pass from me.

Antony, Lisandro Martinez, and Andre Onana, the three ex-Ajax players he signed for a combined £170 million, were his choices, as was Feyenoord’s Tyrell Malacia, I’m sure.

None of them, in my opinion, have been a game-changer for the squad, so Ten Hag can’t blame the staff for poor personnel decisions. All of these difficulties that are waiting ahead are familiar to Ratcliffe.