• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Man Utd Co-Owner Ratcliffe Loses Quarter Of Total Wealth

by Leadership News
3 weeks ago
in Sport
Man Utd Co-Owner Ratcliffe Loses Quarter Of Total Wealth
Share on WhatsAppShare on FacebookShare on XTelegram

Manchester United co-owner Sir Jim Ratcliffe has seen his wealth fall by £6.473bn in the last year, representing more than a quarter of his fortune.

Advertisement

According to the latest Sunday Times Rich list, the 72-year-old Ratcliffe’s wealth has declined from £23.519bn to £17.046bn in the past 12 months.

He also slipped from fourth to seventh position on the annual list of the UK’s 350 richest people.

Ratcliffe’s Ineos Group bought a 27.7% stake in United in February 2024 in a deal worth about £1.25bn ($1.6bn) that saw Ineos take control of football operations.

The British billionaire’s time at Old Trafford has drawn criticism after United raised ticket prices and made two rounds of redundancies in a bid to improve the club’s finances.

RELATED

Raphinha Named 2024/2025 La Liga Player Of The Season

Raphinha Named 2024/2025 La Liga Player Of The Season

4 hours ago
Gabriel Signs New Long-term Deal At Arsenal 

Gabriel Signs New Long-term Deal At Arsenal 

4 hours ago

Ratcliffe defended some of United’s financial cost-cutting measures in a wide-ranging BBC interview in March where he said the club would have “run out of cash by the end of this year” had he not made “unpopular” decisions.

However, United unveiled ambitious plans in March to build an “iconic” new £2bn, 100,000-seater stadium close to Old Trafford.

Ratcliffe said that financial pressures on British petrochemical firm Ineos would not impact Manchester United.

Ineos walked away early from its sponsorship deal with New Zealand Rugby in February, while it also parted ways with four-time Olympic champion Ben Ainslie earlier this year after backing the Britannia America’s Cup sailing team since 2018.

The firm blamed “cost-saving measures” across its business, citing the struggling chemicals industry in Europe because of “high energy taxes and extreme carbon taxes”, along with “the deindustrialisation of Europe”.

Sitting 16th in the Premier League with two games remaining, United’s hopes for silverware and European football next term rest on their encounter with Tottenham in the Europa League final on Wednesday with the winners securing a place in the Champions League.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Jim Ratcliffe
SendShareTweetShare
Previous Post

Gov Otu Unveils Theme For 20th Carnival Calabar Festival

Next Post

Chelsea Unveil New Home Kit For 2025/2026 Season

Leadership News

Leadership News

You May Like

Raphinha Named 2024/2025 La Liga Player Of The Season
Sport

Raphinha Named 2024/2025 La Liga Player Of The Season

2025/06/06
Gabriel Signs New Long-term Deal At Arsenal 
Sport

Gabriel Signs New Long-term Deal At Arsenal 

2025/06/06
Beckham Set To Be Awarded Knighthood
Sport

Beckham Set To Be Awarded Knighthood

2025/06/06
Rivers Hoopers Guard, Amayo, Optimistic Ahead Of US Monastir Clash
Basketball

Rivers Hoopers Guard, Amayo, Optimistic Ahead Of US Monastir Clash

2025/06/06
Victor Ikpeba Football Challenge In Quarterfinals Stage
Sport

Victor Ikpeba Football Challenge In Quarterfinals Stage

2025/06/06
Club World Cup Winners To Wear Badge On Shirt For 4 Years
Sport

Club World Cup Winners To Wear Badge On Shirt For 4 Years

2025/06/06
Leadership Conference advertisement

LATEST

Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

Makinde Advocates 6-year Single-term For Political Office Holders

Fire Guts Section Of Kano Phone Market On Eid Day

Hardship: El-Rufai, Amaechi Owe Nigerians Apology — Shehu Sani

Raphinha Named 2024/2025 La Liga Player Of The Season

Benue Gov’t Directs Residents To Vacate Flood-prone Areas

Gabriel Signs New Long-term Deal At Arsenal 

Diphtheria: 4,017 Persons Vaccinated As Death Toll Hits 10 In Imo

PICTORIAL: Gov Eno Visits Akpabio With 8 Govs, Others After Defection To APC

Defection: APC Welcomes Gov Eno, Assures Full Accommodation

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.