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Joe Mewis

Manchester United: Sir Jim Ratcliffe will step back from club role, due to UEFA ownership rules

Jim Ratcliffe Manchester United UEFA Champions League Ineos NICE Dan Ashworth Newcastle United

Sir Jim Ratcliffe (left) has seen his 28.9 per cent acquisition of Manchester United confirmed.

Manchester United's new owners are reportedly ready to give up their day-to-day involvement at Nice and prioritise in order to comply with UEFA’s multi-club ownership rules.

Sir Jim Ratcliffe finally saw his purchase of a 28.9 per cent stake in the Red Devils rubber-stamped on Tuesday evening, but the move raises the prospect of a potential conflict of interest, given that he is the majority shareholder at Nice.

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