Jim Ratcliffe Seeks Billionaire Backers for Stadium

Sir Jim Ratcliffe, co-owner of Manchester United, has reportedly considered approaching billionaires Elon Musk and Jeff Bezos for funding to support a new stadium, potentially dubbed the 'Wembley of the North.' Ratcliffe's plans come amid concerns about the deteriorating state of Old Trafford and the club's poor performance this season. The estimated cost for a new stadium is around £2 billion, prompting discussions of alternative funding sources, including increased ticket prices and selling naming rights. While Ratcliffe is financially robust, the feasibility of securing investments from Musk or Bezos remains uncertain. The decision on the stadium's future is expected by summer 2025, with Ratcliffe's proposals yet to gain significant traction. As he marks one year of ownership, Ratcliffe's reputation has suffered due to rising ticket prices and job cuts within the club.