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Sir Jim Ratcliffe’s Wealth Drops by £6.5bn Amid Manchester United Restructuring

Posted : 16 May 2025

Manchester United co-owner Sir Jim Ratcliffe has experienced a significant drop in his personal wealth, with a reported decrease of £6.473 billion over the past year. According to the latest Sunday Times Rich List, the 72-year-old's fortune has fallen from £23.519 billion to £17.046 billion. As a result, Ratcliffe has slipped from fourth to seventh place in the ranking of the 350 wealthiest individuals in the United Kingdom.

 

In February 2024, Ratcliffe's company, Ineos Group, acquired a 27.7% stake in Manchester United for approximately £1.25 billion, taking over the football operations of the club. Since then, his tenure has been met with criticism following decisions to raise ticket prices and implement two rounds of staff redundancies, all part of efforts to stabilize the club’s finances.

 

Ratcliffe justified these measures in a March interview with the BBC, warning that the club could have faced a financial crisis without swift and sometimes unpopular action.

 

Despite the cost-cutting, Ratcliffe and Manchester United have revealed a bold vision for the future, including a proposed £2 billion stadium near Old Trafford that would seat 100,000 fans. Ratcliffe assured supporters that Ineos' financial issues would not interfere with the club's operations.

 

However, signs of economic pressure have emerged elsewhere, with Ineos ending its sponsorship of New Zealand Rugby in February and cutting ties with sailor Ben Ainslie, citing cost-saving efforts amid a downturn in Europe’s chemicals industry.

 

Ineos has attributed its financial challenges to high energy and carbon taxes and the broader trend of industrial decline in Europe. As Manchester United currently sit 16th in the Premier League standings with two matches remaining, their hopes of playing in the Champions League next season hinge on the outcome of the Europa League final against Tottenham. A win in that match would guarantee a place in Europe’s top club competition, offering a much-needed boost to the club during a turbulent season.

 

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