‘Nobody ever gave me a free lunch’ – Manchester United ‘bust at Christmas’ without cost-cutting measures says Jim Ratcliffe
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.
He also threw his weight behind manager Ruben Amorim, admitting that the move to extend Erik ten Hag’s contract last summer was a “mistake”, and conceding fault for the expensive sacking of the Dutchman and sporting director Dan Ashworth.
“We’re not going to ask the government for any money to build the ground but we can’t afford to do all of the other stuff around there because that we can’t finance,” he said. “But I think if we build a really iconic stadium, which is what I would like to do, then I think those billion [United] fans around the world will all want to come to Manchester and see it. And they’ll all create value for the Manchester and the northern economy.
“If you look at Oxford Economics [economic advisors] their number is £7 billion per…
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