Instead of waiting for someone else to give you a gift on your birthday, walking down the street and finding a suitable gift for yourself is a great idea. More than anyone else, you are the one who knows what you want the most. So why wait for the surprises that others create?
That’s a very capitalist way of thinking. Here we are not talking about emotions, instead let’s talk about desires and how to realize those desires. That is the thinking of billionaires. And of course, billionaires also have birthdays. But instead of waiting for others to give gifts, they often give gifts to themselves.
Three weeks ago, Sir Jim Ratcliffe celebrated his 71st birthday. Certainly in his position, this British billionaire has received many meaningful gifts. So in your opinion, what gift did people give him?
A bike? Are not! Because Ratcliffe has one of the best cycling teams in the world. That gift will not surprise him!
A car? Neither! He has a company specializing in manufacturing cars, and also owns 1/3 of the Mercedes F1 racing team. In his garage at his home, he has the first Ferrari of legendary racer Michael Schumacher, as a souvenir. Are you sure you will get another car as a souvenir of equal value?
A yacht? It was an expensive gift but a pity because he already had one. It costs $150 million (equivalent to £123 million).
What about taking over the management of England’s most traditional football team, Manchester United? It is definitely a great gift, true to the bravery and ambition of a big boss.
Okay, so you probably understand Ratcliffe – founder of INEOS, the company that submitted an offer to buy 25% of Manchester United’s shares for 1.6 billion USD (1.3 billion pounds). How rich are you? But how rich is Ratcliffe? How much money does INEOS have? And most importantly, what can changes at the top bring to Man Utd, a team with record revenue but still losing money in the 2022/2023 season.
Before owning part of Man Utd, Ratcliffe was behind the management of many major sports brands in the world, including the Mercedes F1 racing team, Ineos Grenadiers cycling team, FC Lausanne-Sport football club (Switzerland). Si) and most notably, Nice Football Club (France). Therefore, Ratcliffe has plenty of experience to manage Man Utd’s football side, despite the Old Trafford team having countless difficult problems that need to be solved.
The first step is to reform the upper apparatus. Recently, CEO Richard Arnold officially left Man Utd after 16 years of work. And the person behind this decision is none other than Ratcliffe. After nearly 2 years as a manager, the 52-year-old British man has not been able to improve the situation at Man Utd, and even more and more negative problems have appeared both on and off the field. From the Mason Greenwood scandal, to the decline of sponsorship contracts. After Arnold, sports director John Murtough is likely to be the next person to be “beheaded”.