Manchester United must consult Sir Jim Ratcliffe if they want to sack Erik ten Hag or sign any players while the INEOS owner’s £1.3billion investment is being ratified.
The clause came to light in a 241-page deal document published on the New York Stock Exchange after it was announced on Christmas Eve that Ratcliffe is buying a quarter of the club and taking charge of football operations at Old Trafford.
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.