Sir Jim Ratcliffe has claimed that Manchester United would have gone bust by Christmas this year were it not for the stringent and contentious cost-cutting measures put in place under his co-ownership reign so far.
Ratcliffe and Ineos have overseen a number of tough decisions aimed at tackling the club’s difficult financial situation since his £1.25billion deal for a 27.7 per cent stake - later increased to 28.94 per cent - at Old Trafford was completed last year, many of which have proven deeply unpopular among supporters and attracted persistent negative headlines, coupled with worsening fortunes on the pitch.
