Manchester United head coach’s job is to be a fall guy and human shield Sport Business AI is the scourge of the modern employment market. Applicants generate automated covering letters that tick off every requirement in a job spec, and are then interviewed by robots which provide almost instantaneous rejections. Reluctant to be a Luddite in this mind-scrambling new world, here is my open letter to Sir Jim Ratcliffe applying to [...]
Ruben Amorim sacked: £20m cost of Manchester United’s failed experiment Sport Business Manchester United have sacked manager Ruben Amorim, concluding a failed experiment which has cost the cash-strapped club around £20m in compensation. Amorim was relieved of his duties on Monday morning, less than 24 hours after publicly issuing a demand for more control of affairs at United in the wake of a 1-1 draw with Leeds [...]
Petroineos: Sir Jim Ratcliffe-backed energy giant loses $250m Energy Petroineos, the energy trading company backed by Sir Jim Ratcliffe, lost $250m (£187.5m) in 2024 as it slumped into the red for the first time since 2020, it has been revealed. The Jersey-based business has reported the pre-tax loss after posting a profit of $30m in 2023. The results for the previous financial year were [...]
Saudi bigwig Turki Alalshikh hints at Manchester United investment October 9, 2025 Saudi bigwig Turki Alalshikh has hinted at the potential of fresh investment into Premier League club Manchester United. A cryptic message on X, formerly Twitter, overnight suggests the club is in the “advanced stage” of finding new capital, just 18 months since Sir Jim Ratcliffe purchased nearly 30 per cent of the Red Devils. The [...]
Sir Jim Ratcliffe: Act now or five million jobs will be lost October 9, 2025 Sir Jim Ratcliffe has called on Europe’s leaders to save the continent’s chemicals industry or risk losing millions of jobs. The founder and chairman of Ineos has urged politicians to make an “eleventh-hour intervention” at what he has described as a “moment of reckoning” for the industry. Sir Jim, who is also known as a [...]
Ratcliffe vows to make Man United world’s most profitable club October 9, 2025 Sir Jim Ratcliffe has insisted that Manchester United will reverse six successive years of losses and become “the most profitable football club in the world”. The 20-time English champions have not been in the black since 2019 and took their cumulative losses over that period to around £400m last year. Manchester United topped Deloitte’s Football [...]
Manchester United record sixth consecutive loss despite cuts September 17, 2025 Manchester United have reported a loss for the sixth consecutive year although their financial performance did improve in 2024-25 thanks to record revenue of £666.5m. United made a net loss of £33m, taking the club’s total losses to £391m since 2019-20, although that was markedly down on the previous year’s £131m deficit. Revenue grew by [...]
Man United shareholder, Ratcliffe’s Ineos, buys into Castore with Belstaff deal August 28, 2025 Manchester United minority owner Sir Jim Ratcliffe’s Ineos has announced a “significant strategic investment” into premium sports apparel brand Castore. The petrochemicals company will invest in the British clothing brand as part of a deal which will see Castore acquire 100 per cent of Ineos-owned Belstaff on a “debt-free, cash-free” basis. Castore enjoys sporting sponsorship [...]
Manchester United upset a triumph of culture over cash, says Grimsby chief August 28, 2025 Grimsby Town’s co-owner Jason Stockwood says their shock Carabao Cup defeat of Manchester United was a triumph of “great culture” over “buying success”. The League Two side stunned their Premier League opponents in a penalty shoot-out, having earlier taken a two-goal lead before being pegged back to 2-2 after 90 minutes. Grimsby’s squad has an [...]
Who owns each Premier League club as US shareholdings boom? August 17, 2025 British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]