Manchester United owner Sir Jim Ratcliffe has stunned everyone by making a huge claim about the club’s finances in a bombshell interview.
On Monday evening, United minority owner Ratcliffe took part in a series of bombshell interviews just a day after fans protested his recent cost-cutting decisions at Old Trafford.
The INEOS chief has come under fire for several big decisions since he first arrived at the club in December 2023, most notably the wave of redundancies in recent months.
But now, Ratcliffe has responded to the criticism by making a bold claim about United’s finances that is truly shocking.
“I don’t enjoy reading the newspaper very much these days I have to say,” he told the BBC. “I know it’s unpopular, and this period of change is uncomfortable for people, and some of the decisions we have to make are unpleasant.
“But they are necessary to put Manchester United back on to a stable footing. If people want to see Manchester United winning trophies again then we have do all this stuff.
“Manchester United would have run out of cash by the end of this year – by the end of 2025 – after having me put $300m (£232.72m) in and if we buy no new players in the summer.
“We are in the process of change and it’s an uncomfortable period and disruptive and I do feel sympathy with the fans. The simple answer is the club runs out of money at Christmas if we don’t do those things.”
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Featured Image Credit: The Overlap
Topics: Manchester United, Sir Jim Ratcliffe, Gary Neville, Premier League, Football