The Glazer family have accepted that Manchester United are unlikely to mount a Premier League title challenge until 2021/22.
The Americans have produced a three-year plan of action to restore the club to its former glory, although they accept it may take even longer for United to win a 21st top-tier title.
The Red Devils have not been crowned English champions since Alex Ferguson’s final campaign at the helm in 2012/13.
David Moyes, Louis van Gaal and Jose Mourinho all failed to bring the trophy back to Old Trafford.
SEE ALSO 5 things we’ve learned from Manchester United’s 2019 financial figures (opens in new tab)
Ole Gunnar Solskjaer is now the man in the hot seat but United already find themselves 10 points adrift of league leaders Liverpool (opens in new tab) after six games of the Norwegian’s first full season in charge, having ended 2018/19 a mammoth 22 points behind champions Manchester City (opens in new tab).
However, the Glazers retain faith in the former Molde manager and are willing to give him time to turn things around.
They have taken note of Liverpool’s gradual improvement under Jurgen Klopp, who was backed by the Anfield board during a difficult first 18 months in the job.
Executive vice-chairman Ed Woodward mentioned the need for a “cultural reset” last term, and his bosses believe it will take three more years before the club’s various issues since Ferguson’s retirement are remedied.
They also remain keen to appoint a technical director to improve the club’s off-field structure, as well as continuing to invest in the playing squad.
United welcome Rochdale to Old Trafford in the third round of the EFL Cup on Wednesday, before an important clash with top-four rivals Arsenal (opens in new tab) in the Premier League next Monday.
Thank you for reading 5 articles this month* Join now for unlimited access
Enjoy your first month for just £1 / $1 / €1
*Read 5 free articles per month without a subscription
Join now for unlimited access
Try first month for just £1 / $1 / €1
Greg Lea is a freelance football journalist who's filled in wherever FourFourTwo needs him since 2014. He became a Crystal Palace fan after watching a 1-0 loss to Port Vale in 1998, and once got on the scoresheet in a primary school game against Wilfried Zaha's Whitehorse Manor (an own goal in an 8-0 defeat).
Get the best features, fun and footballing frolics straight to your inbox every week.
Thank you for signing up to Four Four Two. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.