The INEOS founder, who took over at Old Trafford two-and-a-half months ago, is making significant changes and is expected to bring a fresh look to the club by the start of the 2024-25 season. He has brought in new personnel, including Manchester City’s CEO Omar Berrada, Sir Dave Brailsford, Jean-Claude Blanc, and Jason Wilcox, who was appointed as Technical Director last month. However, the future of United boss Erik ten Hag is uncertain, and major changes are anticipated within the playing squad as the club aims to reclaim its position at the top of English football. The English billionaire’s wealth has grown since finalizing his 27.7% purchase of the club, with his net worth increasing to €21.8bn (£18.6bn) in April before settling at €19.5bn (£16.6bn) in the following month.
This represents a £1bn increase in the value of his assets. Depending on the club’s performance at the end of the 2023/24 season, the founder could experience another financial boost just in time for the summer transfer window. The £1bn surge in his personal wealth is timely, coinciding with a pivotal window for the club.