Manchester United Faces Financial and On-Field Struggles in First Year Under INEOS Control
Sir Jim Ratcliffe's INEOS faces criticism over financial mismanagement and poor performance as the Glazers retain majority ownership.
- Manchester United reported a £27.7 million loss in its latest financial results, with costly managerial changes contributing significantly.
- Fans are outraged over rising ticket prices and job cuts, while a £730 million debt continues to weigh heavily on the club's finances.
- INEOS invested £80 million and oversaw £250 million in player transfers, yet the men's team sits at a historic low of 15th place in the Premier League.
- The Glazers, who remain majority owners, have been criticized for the club's long-standing debt and lack of investment in infrastructure upgrades.
- Supporters' groups have called for a freeze on ticket prices and a focus on sustainable growth rather than further cost-cutting measures.