Sir Jim Ratcliffe, co-owner of Manchester United, is facing criticism for seeking public funds to support his ambitious plan for a new stadium. With an estimated wealth of £12bn, Ratcliffe's push for financial support raises concerns among local officials, including Labour MP Graham Stringer, who argues that public money should be redirected to more urgent needs in Greater Manchester, rather than improving the value of Ratcliffe's investments. The project, tied to potential economic growth, still hinges heavily on substantial public funding, prompting skepticism regarding its overall benefits.
"The stadium doesn't happen without public funds. Any representations to local or central government for public money to go into this scheme should be refused."
"This is a tax exile's half-baked, misbegotten scheme. The money could be used more effectively in other parts of Greater Manchester."
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