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The Guardian - UK
The Guardian - UK
Sport
Jon Ungoed-Thomas

‘Tax exile’s half-baked scheme’: Jim Ratcliffe challenged over Man Utd plan to use public funds for £2bn stadium project

Jim Ratcliffe United States Manchester United Andy Burnham Graham Stringer Economy Ineos Monaco United Kingdom
A rendered image of Man Utd’s proposed £2bn ground
A rendered image of Man Utd’s proposed £2bn ground. Photograph: Reuters

Jim Ratcliffe, the co-owner of Manchester United, has been challenged over the proposed use of hundreds of millions of pounds of public funds to deliver his vision of building the “world’s greatest stadium”.

Ratcliffe, who has an estimated fortune of about £12bn, quit the UK for tax-free Monaco in 2020. He is now urging ministers to help support the club’s vision of the stadium with public funds to regenerate the surrounding area.

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