Manchester United's new investor Sir Jim Ratcliffe wants to take a much more hands-on approach to running the sporting department.

The British billionaire is buying up 25 percent of United shares and will assume control over all sporting matters.

With his INEOS company also owning French club Nice and Swiss side Lausanne, Ratcliffe does have some experience in this area.

NIce manager Francesco Farioli praised Ratcliffe, stating to The Telegraph: "I met Jim Ratcliffe a few days after (taking the job) because he was very busy.

"But from his side, the first time we met, the feeling he transferred to me, it was really like the feeling of somebody that was really aware of many things.

"I felt already known before knowing him. It was a really warm welcome."

"I like to listen to the feedback I receive because it's good to have different perspectives and different input," Farioli added.

"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."