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Gary Neville has hit out at Manchester United's decision to announce Sir Jim Ratcliffe's investment into the club on Christmas Eve.
INEOS chairman Jim Ratcliffe has agreed a deal to buy a 25 percent stake in Manchester United for about £1.25 billion ($1.6 billion) and will take control of the Premier League club's football operations, it was announced on Sunday. The British billionaire, 71, will also provide $300 million for future investment in the club's Old Trafford stadium. A club statement said: "Manchester United announces that it has entered into an agreement under which chairman of INEOS, Sir Jim Ratcliffe, will acquire 25 percent of Manchester United's Class B shares and up to 25 percent of Manchester United's Class A shares and provide an additional $300 million intended to enable future investment into Old Trafford.
Chelsea's miserable Premier League season continued on Sunday as they fell to a 2-1 Christmas Eve defeat against Wolves at Molineux.
Manchester United have confirmed they have agreed to sell a minority stake to Sir Jim Ratcliffe, with the INEOS chairman also committed to investing another $300 million into the club.
NC State linebacker Payton Wilson announced Sunday he has opted out of the Pop-Tarts Bowl to begin preparing for the NFL draft.
Sir Jim Ratcliffe is set to step into the boardroom at Old Trafford after agreeing to purchase a 25 per cent stake in the club.
Former Manchester United players Paul Scholes and Gary Neville expressed their disappointment at their old club's performance after Erik Ten Hag's side fell to a 2-0 Premier League defeat to West Ham United on Saturday (Dec 23).
Wolves inflicted a fourth defeat in six matches on Chelsea on Sunday, beating the London side 2-1 in the first Christmas Eve Premier League match since 1995. Mauricio Pochettino's men dominated possession at Molineux but wasted their chances in a captivating game, littered with careless mistakes by the visiting side. Mario Lemina and Matt Doherty put Wolves 2-0 in front but they were made to sweat when Christopher Nkunku pulled one back on his Premier League debut.