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Billionaire Ratcliffe long frustrated Man Utd fan: They've spent dumb money on Fred!

Billionaire Sir Jim Ratcliffe is a long frustrated Manchester United fan.

Ratcliffe confirmed yesterday interest in buying United from the Glazer family.

In 2019, United fan Ratcliffe confessed his frustrations with how the club was being run, stating: "[Ineos] never wants to be the dumb money in town, never.

"They [United] are in quite a big pickle as a business.

"They haven't got the manager selection right, haven't bought well. They have been the dumb money, which you see with players like Fred.

"United have spent an immense amount since [Sir Alex] Ferguson left and been poor, to put it mildly. Shockingly poor, to be honest.

"We have a different approach here to be moderately intelligent about it. Try to do it more grass roots, trying to locate young talent.

"Some clubs seem to have an ability to do that, Southampton, Lille. United have done it really poorly. They have lost the plot."

Ratcliffe's company Ineos currently owns Nice and Lausanne as part of it's portfolio.



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