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When it comes to transfers, you would expect Ratcliffe to back Ten Hag in the summer window and as a United fan he will already know that signing another forward will be the top priority.
Ratcliffe may not have the financial firepower of the Qataris but a net spend of €100m (£88m) over the past three seasons at Nice shows he knows how important it is to invest in talent if you want to succeed on the pitch.
After missing out on Champions League qualification at the end of last season, Nice signed players such as Kasper Schmeichel, Aaron Ramsey, Ross Barkley and Nicolas Pepe. In January they signed Nigeria striker Terem Moffi from Lorient in a loan plus obligation to buy deal worth up to €30m.
Stadium and infrastructure: Ratcliffe is a United fan so he knows Old Trafford needs to be redeveloped as soon as possible and more work needs to be done updating the Carrington training ground.
At INEOS he has extensive experience of overseeing and financing major infrastructure projects so there is no reason to doubt that Old Trafford would again become one of the best stadiums in the world under his ownership.
Since INEOS brought Swiss club Lausanne in 2017, they have moved into a brand new purpose-built 12,000-seater stadium.