Time will tell if the Ineos chief’s severe cost-cutting pays off, but this is a club that has been mismanaged for years
Sir Jim Ratcliffe is making drastic cuts to Manchester United’s operation for fear that the club are on a fast-track to bankruptcy. Whether such seismic concerns are legitimate or unfounded, it reflects a tale of off‑field financial woe that matches the club’s 12 years in the title‑contending wilderness.
The failure to reel in a 21st championship or make a genuine challenge for one is a direct corollary of slow decline and mismanagement under Malcolm Glazer, and then his six children after his death in 2014.
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