Overview

• Jim Ratcliffe disclosed that Manchester United would have run out of cash by the end of 2025 without major financial restructuring, including 450 staff redundancies.
• The club has suffered cumulative losses of £410 million over the last seven years, with debt obligations and poor financial management exacerbating the crisis.
• Ratcliffe defended controversial measures such as cutting perks and reducing staff costs, emphasizing the necessity of creating a leaner, more efficient organization.
• Despite challenges, Ratcliffe expressed confidence in manager Ruben Amorim, praising his work under difficult circumstances, including injuries to key players and a depleted squad.
• Plans for a new or redeveloped Old Trafford stadium are progressing, with Ratcliffe aiming to create an iconic venue while seeking government support for broader regional regeneration.