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Sir Jim Ratcliffe has defended his brutal cost-cutting measures at Manchester United and said they were needed to cut out “mediocrity” at the club.
Ratcliffe has presided over a huge raft of measures designed to cut costs at United, since spending £1billion to acquire a 27.7 percent shareholding in the club in February 2024
Billionaire INEOS chief Ratcliffe has overseen the culling of up to 450 jobs at United since he bought a minority stake in United, as well as stopping the policy of free meals for club staff.
Defending his savage cost-cutting decisions, Ratcliffe said: “The costs were just too high. There are some fantastic people at Manchester United, but there was also a level of mediocrity and it had become bloated. I got a lot of flak for the free lunches, but no