Football: Jim Ratcliffe Threatens To Abandon Manchester United Jim Ratcliffe, 72, made headlines most recent year when he acquired a 28.94% stake in the club for £1.3 billion, which allowed his company, Ineos, to take bill of football operations.
In a recent interview with the Sunday Times, Ratcliffe mentioned that he is “not bothered by being unpopular,” showcasing his commitment to the club despite the challenges.
“I mean, I can put up with it for a while,” Ratcliffe stated. “I don’t mind being unpopular because I get that nobody likes seeing Manchester United down where they are, and nobody likes the decisions we’re having to make at the moment.
“If I draw a bit of the ire, I can put up with that. But I’m no differing to the average person. It’s not nice, surpassing for friends and family.
“So, eventually, if it reached the grade that the Glazer family have been abused, then I’d have to reveal, look, enough’s enough guys, let somebody else do this.
“They can’t really come to a match, the Glazers. They’ve retreated into the shadows a bit now, so I’m getting all the stick.
“We bought in and I haven’t seen them since. It’s, ‘Thank you, Jim, you’re doing a really good job’.
“At the moment, I don’t have security, I don’t have to walk around like that. But it would overcome the object, wouldn’t it? You couldn’t tolerate it at that coequal, it just wouldn’t be fun.”
Last month, the club publicised a second round of redundancies, which may affect up to 200 employees and the 250 layoffs from the previous year. Furthermore, there has been a mid-season enlarge in a few ticket prices, impacting under-16s and pensioners, drawing intermixed responses from the fanbase.
In an interview with the BBC, Ratcliffe analysed the current squad, reporting that any players may not meet the club’s standards and are “overpaid,” and acknowledged that Manchester United confronted financial challenges that could have endangered the club’s future.
Currently, Manchester United’s total debt exceeds £1 billion, which contains £300 million in outstanding transfer fees. In the previous financial year, the club incurred £37 million in relevancy on this debt, aggravating ongoing concerns about its financial health and future direction.
Amid that, Ratcliffe recently reported plans for a new £2 billion stadium with a proposed capacity of 100,000 to exaggerate the club’s facilities and experience for fans.
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Tag: Football Jim Ratcliffe Threatens To Abandon Manchester United
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Published 3/15/2025