Sir Jim Ratcliffe suffers £4bn blow as co-owner feels impact of Man Utd overhaul

Manchester United owner has seen his net worth fall by an eye-watering £4billion since arriving at Old Trafford.

The INEOS owner completed a deal worth around from the Glazers. And since then, he has taken full control of football matters at the club, while investing heavily.

Ratcliffe has made a number of changes behind the scenes including appointing Omar Berrada, Dan Ashford and Jason Wilcox. He has also made the bold decision to in favour of Ruben Amorim, has promised an Old Trafford renovation and spent huge amounts improving the United squad.

Ratcliffe has also made a number of dramatic cost-cutting measures which includes redundancies, while he has also controversially . But that cost-cutting has not helped Ratcliffe.

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According to , the 71-year-old has seen his net worth fall £3.9bn from £16.6bn to £12.7bn. It sees Ratcliffe slip from the 110th richest person in the to 131st.

The drop is reportedly down to the industrial sector, which INEOS operates, enduring a volatile drop. It is expected that Ratcliffe’s net worth could rise once more should things stabilise.

Regardless, Ratcliffe will not be too concerned by the drop and it shouldn’t see his commitment to waiver. Speaking in February, he confirmed that he was not interested in financial benefits, only re-establishing the club at the top of both the English and European game.

“Yes, I'm not interested in the financial aspects of this investment at all, really, because I make enough money in chemicals and oil and gas really,” he said. “This is not a financial investment.

Will Ruben Amorim be a success with United?

“It's because I'm interested in seeing being successful again. It hasn't been successful the last 11 years, but it needs to get back to where it should be, which is at the top of the game.”

New United boss Amorim also has that opinion after being asked about his bosses. , he said: "I think all the people are hungry for success and I feel that this is the place that I want to be also because of that, because you can be part of something special, not just one more. And that is something that I really like.”

He added: "Of course I have to say the names. Even Sir Jim [Ratcliffe] and Sir Dave [Brailsford], but especially Omar, Dan and Jason. I felt a connection and I felt we are in the same moment. We want to do something special in the special club. So I think that was a key point."

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