Tribal Football

Man Utd co-owner Ratcliffe loses 25% of wealth in year

Paul Vegas
Man Utd co-owner Ratcliffe loses 25% of wealth in year
Man Utd co-owner Ratcliffe loses 25% of wealth in yearAction Plus
Manchester United co-owner Sir Jim Ratcliffe has lost 25 per cent of his wealth over the past 12 months.

Ratcliffe bought a 27 per cent stake in United in January 2023 through his Ineos company.

Advertisement
Advertisement

The Sunday Times is reporting the 72-year-old's wealth has dropped from £23.519bn to £17.046bn in the past year.

Ratcliffe told BBC Sport of his petro-chemical business Ineos in March: "Ineos is in a good place today but not in as good a place as it was three or four years ago.

"Europe has become a very difficult place to do business for industrial companies because energy prices now in Europe are five times America, which is where a lot of our competition is."