In an interview with the Times, published on 8/10, Jim Ratcliffe stated that football success cannot be achieved overnight. He cited former coach Alex Ferguson, who faced the risk of dismissal in his first two years, but later created a glorious era for the "Red Devils".
Man Utd's largest individual shareholder also mentioned Mikel Arteta. The Spanish coach was criticized during his early tenure at Arsenal but has since transformed the team into a title contender. "We must be patient, we must look beyond short-term results," Ratcliffe said.
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Billionaire Jim Ratcliffe and coach Ruben Amorim after the Europa League final at San Mames Stadium, Bilbao, Biscay province, Basque Country, Spain, on the evening of 21/5. *Photo: Alamy* |
Ratcliffe then affirmed that Amorim would remain in his position until the end of his contract, summer 2027. "I will give him three years, because football cannot change with just a switch," the English billionaire added.
When asked if the Glazers - Man Utd's largest shareholders - could demand Amorim's dismissal, Ratcliffe replied, "That will never happen. We have a good working relationship; all decisions are discussed openly."
After acquiring a 27.7% stake in Man Utd, Ratcliffe gained control over football operations. However, the team's performance has not improved since he dismissed coach Erik ten Hag. Under Amorim for nearly one year, the "Red Devils" have not won two consecutive Premier League matches. Last season, they finished 15th - their lowest position in Premier League history.
Ratcliffe also aims to restore Man Utd to being the world's most profitable club. "The biggest correlation with playing results is profit. The more money we have, the stronger squad we can build," he stated.
Ratcliffe reported that Man Utd's revenue last year reached a record high, despite not participating in the Champions League. He believes financial results will improve further.
To achieve a sustainable foundation, the 72-year-old billionaire affirmed that cost reduction is necessary. He admitted receiving criticism for his decision to cut free lunches for staff but expressed no regret. "Costs were too high, and the club became cumbersome. I was complained about for stopping free lunches, but nobody has ever given me a free lunch," he said.
Another issue Ratcliffe highlighted is the youth academy, once the club's pride, which has now fallen behind. "Man Utd's academy has truly declined. It must continuously produce talent, both helping the club financially and maintaining its identity," he added.
Ratcliffe also defended the Glazers from fan backlash. "They are heavily criticized, but they are good people, truly passionate about the club," he said. "They give me full authority over football operations. They are across the Atlantic, and we are here, able to handle everything with our feet on the ground."
Finally, the English billionaire revealed plans to build a new 100,000-seat stadium next to Old Trafford. "If we can implement this project, it will have a huge impact on Man Utd's revenue," he emphasized.
By Hoang An (according to Times)