Mark Kleinman: Ratcliffe’s cost-cutting results in Manchester Disunited Business Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles Ratcliffe’s own goal, Shawbrook setting the tone and a FTSE 100 Doomsday clash over pay Ratcliffe’s cost-cutting results in Manchester Disunited Sir Jim Ratcliffe might not like to admit it, but 2024 [...]
Ahead of the Game: Man United cuts could be copied by other clubs Sport Business Manchester United’s controversial move to slash the funding it provides to its charitable foundation as part of cost-cutting measures introduced by Sir Jim Ratcliffe could be followed by other Premier League clubs. The Manchester United Foundation are set to be the latest victims of Ratcliffe’s drive to cut costs at Old Trafford, with Sky News [...]
Champions League absence and shorter US tour clobber Man Utd revenue Sport Business Manchester United suffered a £14m drop in revenue for the first quarter of their current financial year after missing out on qualification for the Champions League. Broadcast income for July to September fell by £8m, or 20 per cent, from the same period last year due to Manchester United this season playing in the less [...]
Old Trafford decision could be pushed until spring November 5, 2024 Manchester United are set to delay a decision on whether to refurbish Old Trafford or build a new “Wembley of the North” until next year. The club, owned by the Glazer family and billionaire Ineos chief Sir Jim Ratcliffe, had intended to make the call by the end of the year but it has now [...]
Three charts which show why Manchester United want a new stadium September 27, 2024 Sir Jim Ratcliffe has made renovating Old Trafford or building a brand new stadium one of his top priorities since investing in Manchester United. Ratcliffe wants the club’s home to be a modern, 100,000-seater stadium and has assembled a task force that includes Lord Coe and Gary Neville to shape the plans. The project is [...]
Old Trafford development could be worth £7.3bn to UK economy each year September 23, 2024 A new Old Trafford development could boost the UK economy by over £7bn per year should Manchester United’s masterplan become a reality. United, who last year had a 27 per cent stake in the club purchased by chemicals billionaire and Ineos founder Sir Jim Ratcliffe, are looking to spend £2bn on a new 100,000 capacity [...]
Manchester United mull £2bn 100,000-seater stadium to replace Old Trafford July 29, 2024 A task force chaired by Lord Coe has focused its discussions to date on a new stadium rather than redeveloping their current home, it is understood.