Manchester United co-owner Sir Jim Ratcliffe wants exciting young star as his first signing: report

Manchester United co-owner Sir Jim Ratcliffe of INEOS meets Manager Erik Ten Hag in the staff restaurant at Carrington Training Complex on January 03, 2024 in Manchester, England.
(Image credit: Manchester United/Manchester United via Getty Images)

Manchester United's pursuit of Crystal Palace winger Michael Olise for the upcoming summer transfer window has received a boost, with the latest reports suggesting that the youngster is enticed by the prospect of a move to Old Trafford. 

Journalist Ben Jacobs has reported that Olise is a target for Sir Jim Ratcliffe, who recently acquired a 25% stake in the club through INEOS, and the player is open to a move.

United, who did not reinforce their squad during the winter transfer window, are looking to overhaul the club in the summer, with Olise emerging as a target with a reported release clause of around £60 million in his contract. 

Manchester United co-owner Sir Jim Ratcliffe of INEOS meets members of the press ahead of the Premier League match between Manchester United and Tottenham Hotspur at Old Trafford

Manchester United co-owner Sir Jim Ratcliffe is looking to bring the squad's age down (Image credit: Getty Images)

Ratcliffe is aiming to lower the age profile of future signings by manager Erik ten Hag, but Manchester City and Liverpool have also been linked. Olise's standout performances for Crystal Palace have garnered attention from the Premier League’s elite clubs ahead of the season’s end.

Jacobs told GiveMeSport: "Even though Olise signed a new contract in the aftermath of Chelsea failing to trigger his complicated release clause, there is absolutely no doubt that he is a potential 2024 departure.

"Manchester United's old regime, before INEOS, really like Olise and he is tempted by the prospect of a move to Old Trafford as well.

Michael Olise of Crystal Palace looks on during the Premier League match between Crystal Palace and Brentford FC at Selhurst Park

Ratcliffe is a huge fan of Olise (Image credit: Getty Images)

 "All indications are that Sir Jim Ratcliffe and INEOS will endorse that move because, as part of their due diligence when coming into the football club, they were aware of any historical transfer plans that were for January - even though nothing materialised - and also any window planning for the summer.

"There is continuity between Manchester United's current recruitment team and anything INEOS do. They like a profile like Olise, so he can be termed a concrete target ahead of the summer."

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Jacque Talbot

Jacque Talbot is a freelance football journalist who predominantly specialises in transfer stories and exclusives. He began his career in 2016 covering the world-renowned Sandbach United, of North West Counties fame, before earning a spot on the sports desks of national papers, where he bounced between several outlets such as Sportbible, the Express, Mirror, and Daily Star. An NCTJ graduate of the News Associates who swapped investigative journalism in the Costa del Sol for football reporting in Northern England, he first wrote for FourFourTwo in December 2023.