Jim Ratcliffe, the co-owner of Manchester United, has been challenged over the proposed use of hundreds of millions of pounds of public funds to deliver his vision of building the “world’s greatest stadium”.
Ratcliffe, who has an estimated fortune of about £12bn, quit the UK for tax-free Monaco in 2020 in order to avoid up to £4bn in tax. He is now urging ministers to help support the club’s vision of the stadium with public funds to regenerate the surrounding area.
Graham Stringer, a Labour MP, former leader of Manchester city council, and a United season ticket holder, said the money could be used more effectively in other parts of Greater Manchester and it was “outrageous” that Ratcliffe was pushing the government for public funds to help increase the value of his business.
https://www.theguardian.com/football/2025/mar/22/tax-exiles-half-baked-scheme-jim-ratcliffe-challenged-over-man-utd-plan-to-use-public-funds-for-2bn-stadium-project