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(Credit: Imago/Getty Images)

James Murray

Wed 6 August 2025 8:00, UK

Manchester United co-owner Sir Jim Ratcliffe “exaggerated” the club’s financial issues after the latest transfer news at Old Trafford. 

The INEOS chief took over the Premier League side’s footballing operations in February 2024 after purchasing a 27.7 per cent stake for £1.25billion.

Ratcliffe has since increased his stake in Man United to 28.9 per cent after injecting £238million into the club.

The 72-year-old claimed earlier this year United would have gone “bust by Christmas” if it wasn’t for his cost-cutting measures, which have seen hundreds of staff made redundant at Old Trafford.



Benjamin Sesko’s stats in the 2024-25 season (Credit: Getty Images)

This article contains exclusive comment from Stefan Borson, a former financial adviser to Man City.

“Everything seems to have gone worse since he gave that interview with various people, so I’m not sure why they now feel more comfortable spending, or whether there was maybe a slightly exaggerated picture painted in February.” 

Sir Jim Ratcliffe has faced criticism for his cost-cutting measures at Man United (Credit: Getty Images)

In terms of other transfer activity at Old Trafford, Football Insider revealed on 3 August Kobbie Mainoo is likely to stay at United despite interest from the likes of Chelsea and Tottenham. 

Amorim was not initially convinced by the England international, but he’s been won over by his performances in training and now values him as a key member of his squad. 

The 20-year-old endured an injury-hit 2024-25 season, where he registered just two goals and one assist in 37 appearances.

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