The British billionaire, who is a boyhood United supporter, is on the brink of finalising INEOS&apos bid to secure a 25 per cent stake in the club. There are increasing reports suggesting that a deal could be concluded as soon as this week.
Richard Arnold&aposs exit from Old Trafford last week provided the biggest indication yet that huge changes are in the offing at the club. INEOS are reportedly set to be granted control of United&aposs football operations, meaning much-needed changes to the hierarchy are expected.
INEOS Sport already own two clubs, Nice being one of them, and the French side has been on upward trajectory so far this season, so much so they are one of only three clubs in Europe&aposs top five league who are still unbeaten. Their success has extended from the appointment of 34-year-old boss Farioli in the summer.
The Italian, who had previously worked at Turkish sides Faith Karagmrk S.K. and Alanyaspor, was a surprise choice by the chemical giant to oversee the next stage of Nice&aposs development under their stewardship. Offering a unique insight into what life as a manager is like working within their business model, Farioli has spoken positively about his experience so far.
“I like to listen to the feedback I receive because it&aposs good to have different perspectives and different input,” Farioli told The Telegraph, addressing the day-to-day involvement Ratcliffe and INEOS have. “Afterwards, I have freedom in the decisions on the pitch
“In other things, a bit more for the medium and long term, there is always an open door. We share our opinions and we have periodic, day-by-day or weekly conversations. But also with the club, we have a monthly review of everything with all the parts involved – about the strategy, about the present and also about the future.”The ambitions of the club are already quite big with the desire to bring the team back in Europe and to be constantly in the European competition. This is the target, to dream big.”
On the process INEOS went through during the summer to appoint him, Farioli continued: “They made an analysis with data and from the filter appeared some of the names, and I was one of the names. If I&aposm not wrong, it was in January or if not before.
“At the end of the season, when they changed coach, I had my first interview with the sporting director Florent Ghisolfi and Dave (Brailsford, director of sport at INEOS). It was quite a long interview, like five hours or something.
“It was a really good introduction and the day after, I had an interview with Jean-Claude Blanc (chief executive of INEOS Sport). I had one more meeting with Florent, the CEO and the president of Nice.
“A lot of meetings and a lot of hours, but I felt very happy because they gave me the opportunity to express myself. They were very, very prepared about everything and they were really aware of who they had in front of them.”
Ratcliffe was not directly involved in the interview process, but Farioli, who does not turn 35 until April, soon met the INEOS chief.