Nice owner Sir Jim Ratcliffe has slammed the management of Manchester United and their transfer policy.

Ratcliffe took aim at Fred in a withering attack on the fallen giants.

He has revealed he would not be interested in securing United from the Glazer family, believing the deal would not represent good business sense.

He told The Times: "They 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.

"We won't look elsewhere until we have had a good run here (at Nice). We need to find out how to be successful before you ever want to write a big cheque. It's quite difficult."