The Glazers and Sir Jim Ratcliffe have reportedly made an agreement not to criticise eachother following the INEOS owner's impending partial takeover at United.
Ratcliffe's purchase of a 25 per cent share of the club for £1.3billion was completed on Christmas Eve after months of negotiations and Premier League ratification of the deal in the new year will see the petrochemicals magnate take control of football operations.
Mail Sport already revealed that United must consult Ratcliffe if they want to sack Erik ten Hag or sign any players while the INEOS investment is being ratified.
However, it's now emerged that, following the release of a 241-page document containing the finer details of the partial takeover, the Glazers and Ratcliffe have struck another deal.
According to The Times, included in the document is a section that says Ratcliffe's Trawlers Limited can not to make public statements that 'constitute an ad hominem attack on, criticise, or otherwise disparage, the sellers [The Glazers], the company [United] or their respective affiliates'.
The outlet also report that the document that the Glazer family must, similarly, refrain from any public criticism of their new investor too.
Meanwhile, in the wake of Ratcliffe's impending arrival, the Glazers reportedly wrote to Man United staff to instruct them not to discuss Ratcliffe's minority takeover.
The Daily Star claim that the club chiefs sent an email to all employees warning them not to talk to the media, friends or even their own families about Ratcliffe's £1.3billion investment in the club.
The letter reportedly read: 'Please note that there are certain legal rules that govern permissible communications during this process. Accordingly, please avoid commenting on this transaction on any social media channels.
'If you are approached by the media, please refrain from commenting, and refer all inquiries to Ellie Norman, Chief Communications Officer.
'In addition, if you are asked about this transaction by friends or family, you may refer to the information that is publicly available on the Manchester United website, but please do not make any speculative comments or insert your own opinions or beliefs regarding the transaction.
'Best wishes, Joel Glazer & Avram Glazer. On behalf of the MUFC Board'.
It will take between four to six weeks for the 71-year-old to pass the Premier League’s first and proper person test, and for the NYSE to oversee the sale of 25 per cent of the club’s Class A shares that Ratcliffe will acquire from investors in addition to the 25 per cent of Class B shares he is buying from the Glazer family.
During that period, the petrochemicals billionaire and his INEOS team will have to give their consent for United to sign any players in the January transfer window or sack Ten Hag or football director John Murtough.
The document states that INEOS must be told if United consider ‘appointing, dismissing or accepting the resignation of any Director of Football or First Team Manager of the Company and/or any of its Subsidiaries’.
Doocdem
1
Put the club first,if anyone don't perform including u people should be criticise . not only the players and the coaches.
Gengarknight
1
Look at this, only the poor attacks each other, the rich will just sit and have tea.
Gannymalta
0
The two billionaires will just be patting each other on the back... saying "you are great... you are great! Of course what you did that time was stupid, but you are great, no problem".
hupabceilu
0
dogs 🐕 are same street are back alike
nobleng123
0
They know they are both scraps
ditdeimrz
0
the sale confusion is always there during the transfer period am not surprised with six weeks period another end of transfer exactly what was done in may august
hoaeilmt
0
criticisms will definitely emerge if the right approach is not taken. Are we sensing something fishy?
kadkpsz
0
Knowing their errors and getting clever .
Zomaiptu
1
Yes because glazer family knew very well that they are not doing well at
GOUTMUT
0
Another one bites the dust 😁
AFer18463985
0
buy 70% of the club