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Sir Jim Ratcliffe ‘fears Man Utd could go BUST without Ineos’ chief’s unpopular spree of cost-cutting measures’

Sir Jim Ratcliffe ‘fears Man Utd could go BUST without Ineos’ chief’s unpopular spree of cost-cutting measures’
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Sir Jim Ratcliffe ‘fears Man Utd could go BUST without Ineos’ chief’s unpopular spree of cost-cutting measures’
Sports
Source: The Sun
Author: Jim Sheridan
Published: Feb, 12 2025 20:42

Summary at a Glance

SIR JIM RATCLIFFE'S minority takeover at Manchester United was announced on Christmas Eve in 2023 - and a lot has happened at Old Trafford since... December 2023 - Man Utd confirm Ratcliffe's takeover on Christmas Eve, vowing to invest £245m into Old Trafford.

May 2024 - Man Utd shock rivals Man City to win FA Cup despite suggestions Erik ten Hag will be sacked regardless of result.

March 2024 - Man Utd NYSE share price drops to $13.73 on March 21 - down from $20.52 immediately after Ratcliffe takeover in December.

January 2024 - Ratcliffe and right-hand man Sir Dave Brailsford photographed meeting Erik ten Hag during tour of Carrington.

July 2024 - Ratcliffe makes 250 redundancies including popular media man John Allen, historian Cliff Butler and kitman Alex Wylie.

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