Sir Jim Ratcliffe, who is believed to be interested in buying a stake in Manchester United, slammed the Red Devils in a 2019 interview, accusing them of spending “stupid money” on Fred.
Ratcliffe is one of the richest men in the world and has been a lifelong Manchester United supporter. In a recent interview, his spokesperson revealed that the billionaire would be interested in buying the club should the club’s current owners, the Glazers family, seek to sell it.
The businessman may not have a lot of fans in the Glazers family, thanks to an old interview where he openly criticized their way of doing business. In a 2019 interview with The Times, Ratcliffe claimed Manchester United owners didn’t know what they were doing, blaming them for splurging on 29-year-old midfielder Fred in 2018.
He had said (via the Daily Star):
“They’re in pretty big trouble as a business. They don’t have the right selection of managers, they haven’t bought well. They were [spending] stupid money, which you see with players like Fred.
The Mancunians have signed Brazilian midfielder Fred for a fee of around £47million from Shakhtar Donetsk. He unfortunately failed to justify his mammoth price tag, often playing a part in the Red Devils’ misfortunes. The Brazil international has so far made 159 appearances for the Old Trafford unit in all competitions, registering eight goals and 13 assists.
Potential Manchester United owner Sir Jim Ratcliffe has made a tempting bid to take over the rival club
A lifelong football fan, Sir Jim Ratcliffe is a Chelsea season ticket holder and attempted to take over the club from Roman Abramovich earlier this year. The Oldham-born billionaire has a net worth of £22billion and has reportedly made a £4.25billion bid to take control of the Blues.
After submitting a massive bid, Ratcliffe claimed that he only intended to form a formidable football club in London and that he had no profit motive in mind. He said:
“We submitted an offer this morning. We are the only British application. Our motivations are simply to try to create a very nice club in London. We have no profit because we earn our money in other ways.
Ratcliffe’s bid fell through as the consortium led by Todd Boehly ended up becoming the new owners of Chelsea. It will be interesting to see if he manages to make his way to United.