
Jim Ratcliffe has laid bare the extent of the financial difficulties facing Manchester United and indicated that the club’s leadership are leaning towards building a new stadium instead of renovating Old Trafford, in a wide-ranging interview at Ineos’ London office.
The billionaire - one of Britain’s richest men - likened a new stadium to the Eiffel Tower in terms of the draw it would have for tourists, and reiterated that it would be a huge boon for the local economy.