Sir Jim Ratcliffe, co-owner of Manchester United, holds a 28.94% stake via his Ineos group, yet the Glazer family retains majority ownership. When asked about selling the club, Glazer responded firmly with 'No.' Recent financial results reveal a second-quarter EBITDA of 70.5 million, but the club recorded a 27.7 million loss due to player trading and rising interest costs. Total revenue decreased 12% to 198.7 million, prompting concerns from supporters over rising ticket prices amidst financial struggles driven by significant debt and management issues.
Total revenue was down 12 percent year on year to 198.7m, with net finance costs up from 300,000 to 37.6m on the prior year quarter.
The Manchester United Supporters' Trust have called for ticket prices to be frozen, arguing that fans should not pay the price for financial mismanagement.
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