Man Utd co-owner Sir Jim Ratcliffe suffers blow as UK government ‘set to snub proposal’ | Football | Sport

Estimated read time 2 min read

Manchester United shareholder Sir Jim Ratcliffe is likely to be knocked back by the UK Government in pursuit of public funds to finance the club’s new stadium. The British billionaire wants to construct a ‘Wembley of the North’ and rid fans of Old Trafford, which has become outdated in its current state.

Sir Jim hoped that the government would assist in developing a new home for United and a regeneration of the surrounding area. But the suggestions are believed to have gone down badly among a host of senior political figures.

According to The Times, government insiders believe United will ‘almost certainly’ need to finance a new stadium themselves. Proposing to use public money had sparked controversy given that Everton have gone to great lengths to fund their own new stadium at Bramley-Moore Dock, which remains under construction.


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