Jim Ratcliffe’s restructuring of Manchester United involves financial overhauls, player assessments, and a long-term vision to restore the club to greatness.
Sir Jim Ratcliffe’s arrival at Manchester United has been marked by significant changes aimed at restoring the club to its former glory. Ratcliffe and Ineos joined the club’s hierarchy with the intention of addressing both financial and performance-related issues. However, the initial optimism has been met with challenges, leading to a complex relationship with some supporters.
Financial Restructuring and Cost-Cutting Measures
One of Ratcliffe’s primary focuses has been the financial stability of Manchester United. He revealed that the club was facing a severe financial crisis, potentially running out of money by the end of 2025, even after his investment of $300 million. To address this, Ratcliffe has implemented several cost-cutting measures, including redundancies and the removal of free lunches for staff. These decisions have drawn criticism but are deemed necessary to put the club on a stable footing.
Ticket price increases, particularly affecting under-16s and pensioners, have also been unpopular. Ratcliffe acknowledged the discomfort caused by these changes but emphasized their importance in securing the club’s financial future. He stated that Manchester United had been spending more than it earned for the past seven seasons, a practice he described as a ‘road to ruin’.
Player Performance and Transfers
Ratcliffe has been critical of the performance of some Manchester United players, deeming several as ‘not good enough’ and ‘overpaid.’ He specifically mentioned Casemiro, Antony, Jadon Sancho, Rasmus Højlund, and André Onana. Additionally, he expressed regret over not dismissing Erik ten Hag earlier, admitting that involving Ten Hag in transfers led to the signing of Dutch players. Ratcliffe also highlighted that Manchester United is still covering half of Sancho’s wages while he is on loan, questioning the value and return on investment for several player acquisitions.
Despite financial constraints, Ratcliffe assured that a summer budget would be available, potentially supplemented by player sales. He dismissed the idea of selling academy players like Mainoo and Garnacho for profit, indicating a commitment to developing young talent.
Future Goals and Vision
Ratcliffe’s ‘Mission 21’ aims to secure Manchester United’s 21st league title by 2028. He draws inspiration from Liverpool’s rebuilding under Jürgen Klopp, suggesting a long-term vision for success. He acknowledged the need for patience during the transition, emphasizing the importance of making Manchester United the most profitable club with an iconic stadium.
Ratcliffe also addressed the issue of debt, stating that while interest payments are a cost, they are not the biggest cost for the club. He believes that if the club becomes profitable, it can start paying down the debt, similar to successful clubs like Liverpool and Real Madrid.
Organizational Changes and Leadership
Since taking over, Ratcliffe has initiated organizational changes, aiming for a leaner structure. He admitted errors in hiring decisions, including Dan Ashworth, and emphasized the need to streamline operations. He voiced support for Ruben Amorim, acknowledging the challenges he faced, particularly with injuries affecting the squad.
Ratcliffe’s approach involves prioritizing investment in the squad to achieve better results. He emphasized that the club’s primary goal is to win trophies and silverware, and investments should reflect this priority.
Addressing Concerns and Criticisms
Ratcliffe acknowledged his unpopularity due to the changes he is implementing but stated he is prepared to deal with it, believing that his actions are necessary for the long-term success of Manchester United. He emphasized the need for resilience and grit during this period of change.
He also clarified that financial pressures on Ineos would not impact Manchester United, ensuring that the club’s financial restructuring remains independent of external factors.
Focus on Men’s Team and Acknowledgment of Women’s Team
Ratcliffe defended prioritizing the men’s team due to its significantly higher revenue generation. However, he also acknowledged the importance and success of the women’s team, recognizing their contribution to the club.
Overall, Jim Ratcliffe’s tenure at Manchester United is characterized by a comprehensive effort to address financial instability, improve player performance, and implement organizational changes aimed at restoring the club to its former glory. While these changes have faced criticism, Ratcliffe remains committed to his long-term vision for the club’s success.
Sources: https://www.bbc.co.uk/sport/football/articles/c7571gng06wo
https://www.theguardian.com/football/2025/mar/10/not-good-enough-and-overpaid-jim-ratcliffe-on-some-manchester-united-stars
https://www.skysports.com/football/news/11095/13325980/manchester-united-sir-jim-ratcliffe-speaks-on-mistakes-made-overpaid-players-erik-ten-hag-ruben-amorim-transfer-policy-and-plans-for-success