Manchester United investor Sir Jim Ratcliffe has outlined how his stake in the club will function.
Ratcliffe now owns 27.7% of United, while the Glazer family are still majority owners.
However, he has assumed full sporting control and can make decisions relative to that side of the club.
He told the Manchester Evening News: We have a really good relationship with Joel and Avram, who are the only two of the siblings that we've got to know and have met, actually.
And there's a fair amount of trust, I think, between those two parties. And they obviously are very comfortable with us running the sports side of the club. This is going to be a very sports-led club, it's all going to be about performance on the pitch. I'm still a significant shareholder even in respect of all the other things in the club. We're obviously going to be on the ground, whereas the Glazer family are a fair way away.
So I don't see an issue in us being able to influence the club in all the right ways going forward, to be honest. I don't think we're going to be taking the legal agreements out of the bottom drawer. I just hope they gather dust and we never see them again. Which it should be. It should be on the basis of a relationship. As long as we're doing the right things then I'm certain that relationship is going to go very well.
And one of the things I'd add as well, is that the transaction was quite challenging, as you know. We met all sorts of obstacles on the way, a lot of them in relation to hedge funds, and SEC, American (regulations) and a few with the Qataris and all that sort of things. It obviously was a rocky road for quite an extended period of time. And the Glazers really, from the beginning, they preferred ourselves to the Qatari option, which in a way for them was a much easier option because they could just sell the whole thing and they would have walked away and financially done quite well. But they sort of stuck with us through the whole process.
Our offer was a bit more complicated in a way and that sort of adversity, of that rocky road for a year, has sort of forged a relationship between ourselves and the other shareholders. We've all got to know each other. You get to know people better in adversity than when the whole thing is going swimmingly."