Manchester United minority owner Sir Jim Ratcliffe has launched a scathing attack on the club's players, saying they are “not good enough” and “some probably are overpaid”.
The British billionaire also acknowledged that offering former United manager Erik ten Hag a contract extension following last season's FA Cup win and hiring Dan Ashworth as sporting director "were errors".
Ratcliffe's company Ineos took charge of footballing operations at United in February last year after paying £1.3 billion for a 28.94 per cent stake in the club.
In an interview with the BBC, Ratcliffe referenced Rasmus Hojlund, Andre Onana and Casemiro, plus Jadon Sancho and Antony, who are both on loan, as he spoke about “players we are buying this summer, that we didn’t buy”, saying he and his team "inherited those things and have to sort that out".
According to both capology.com and spotrac.com, Casemiro is the highest-paid player at Old Trafford, pocketing £350,000 per week.
One of the most decorated players of his generation, the Brazilian has looked a shadow of the player who dominated the midfield during his time at Real Madrid. United paid £70 million to sign him in 2022.
Brazil winger Antony moved to Spanish club Real Betis in the winter transfer window after struggling at Old Trafford following an £81.5m move from Ajax, also in 2022.
Denmark striker Hojlund arrived the following year for £72m while Cameroon goalkeeper Onana joined the club in the same summer for £47.2m.
United paid Borussia Dortmund £73 million for Sancho's transfer in 2021. They loaned him back to the German club in January 2024 after the winger had a falling out with Ten Hag and he is again unavailable to his employers this term after signing on a season-long loan at Chelsea.
“For Sancho, who now plays for Chelsea and we pay half his wages, we’re paying £17 million to buy him in the summer,” Ratcliffe said.
Few would say United have seen a return on their investment, with the club currently languishing 14th in the Premier League and the players mentioned drawing criticism for their performances.
Asked if he was suggesting those players were not good enough for United, Ratcliffe said: “Some are not good enough and some probably are overpaid, but for us to mould the squad that we are fully responsible for, and accountable for, will take time.”
'Errors'
United finished eighth last season and won the FA Cup beating Manchester City in the final, an outcome few predicted given the club's struggles and City's domestic dominance.
Victory at Wembley saw the United board opt to stick with Ten Hag, with the Dutchman signing a contract extension to 2026.
The Dutchman was subsequently sacked in October, being replaced by Ruben Amorim, and Ineos chairman Ratcliffe has accepted the decision to keep Ten Hag on was a mistake – and that the same applied to hiring Ashworth as sporting director, a role he left in December.
“I agree the Erik ten Hag and Dan Ashworth decisions were errors,” Ratcliffe said. “I think there were some mitigating circumstances, but ultimately they were errors. I accept that and I apologise for that.”
United have lost eight out of their 17 league games under Amorim and only won five to remain 14th - the same position they were in when Ten Hag was sacked.
Ashworth resigned in opposition to Amorim's appointment. Ratcliffe, though, has given the Portuguese his backing.
“If I actually look at the squad which is available to Ruben, I think he is doing a really good job to be honest,” Ratcliffe said. “He’s an excellent manager and I think he will be there for a long time.
"You are beginning to see a glimpse of what Ruben can produce. I think you saw a glimpse of it against Arsenal. How many players against Arsenal on the bench did you recognise? How many have ever worn a Manchester United shirt for [the first team]… as there's no squad left. We are down to the last 10 or 11 men in the squad really, of proper first-team players. Ruben is doing a super job."
Ratcliffe was speaking a day on from thousands of United supporters taking part in a protest against the club’s ownership ahead of the 1-1 draw with Arsenal at Old Trafford. It was the second protest in the space of a week following similar scenes ahead of the FA Cup exit to Fulham.
Angry chants included some directed at Ratcliffe, whose decisions have included a mid-season ticket hike of remaining home tickets, while last month the club announced up to 200 further redundancies were anticipated, with 250 jobs cut already last summer.
Ratcliffe said some decisions were “unpleasant” but “necessary”, and that while he feels sympathy for the fans, “the club runs out of money at Christmas if we don’t do those things”.
The 72-year-old, who stressed his “only interest here is returning Manchester United back to greatness again”, also said Amorim would have money to spend in the summer, with the budget changing “upon who we may choose to sell”, but that young talents such as midfielder Kobbie Mainoo and winger Alejandro Garnacho would not be up for sale just to bring in finances.
"No no. We won't be selling players because of the state we are in financially," he said.
Ratcliffe said he feels United are going to “finish up in a very very different place in three years’ time”, and that the aim of winning the league by 2028, the club’s 150th anniversary, was “not impossible”.
COMPANY%20PROFILE
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Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Tell-tale signs of burnout
- loss of confidence and appetite
- irritability and emotional outbursts
- sadness
- persistent physical ailments such as headaches, frequent infections and fatigue
- substance abuse, such as smoking or drinking more
- impaired judgement
- excessive and continuous worrying
- irregular sleep patterns
Tips to help overcome burnout
Acknowledge how you are feeling by listening to your warning signs. Set boundaries and learn to say ‘no’
Do activities that you want to do as well as things you have to do
Undertake at least 30 minutes of exercise per day. It releases an abundance of feel-good hormones
Find your form of relaxation and make time for it each day e.g. soothing music, reading or mindful meditation
Sleep and wake at the same time every day, even if your sleep pattern was disrupted. Without enough sleep condition such as stress, anxiety and depression can thrive.
Napoleon
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TWISTERS
Director: Lee Isaac Chung
Starring: Glen Powell, Daisy Edgar-Jones, Anthony Ramos
Rating: 2.5/5
LAST-16 FIXTURES
Sunday, January 20
3pm: Jordan v Vietnam at Al Maktoum Stadium, Dubai
6pm: Thailand v China at Hazza bin Zayed Stadium, Al Ain
9pm: Iran v Oman at Mohamed bin Zayed Stadium, Abu Dhabi
Monday, January 21
3pm: Japan v Saudi Arabia at Sharjah Stadium
6pm: Australia v Uzbekistan at Khalifa bin Zayed Stadium, Al Ain
9pm: UAE v Kyrgyzstan at Zayed Sports City Stadium, Abu Dhabi
Tuesday, January 22
5pm: South Korea v Bahrain at Rashid Stadium, Dubai
8pm: Qatar v Iraq at Al Nahyan Stadium, Abu Dhabi
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
UAE - India ties
The UAE is India’s third-largest trade partner after the US and China
Annual bilateral trade between India and the UAE has crossed US$ 60 billion
The UAE is the fourth-largest exporter of crude oil for India
Indians comprise the largest community with 3.3 million residents in the UAE
Indian Prime Minister Narendra Modi first visited the UAE in August 2015
His visit on August 23-24 will be the third in four years
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visited India in February 2016
Sheikh Mohamed was the chief guest at India’s Republic Day celebrations in January 2017
Modi will visit Bahrain on August 24-25
Company profile
Name: Tharb
Started: December 2016
Founder: Eisa Alsubousi
Based: Abu Dhabi
Sector: Luxury leather goods
Initial investment: Dh150,000 from personal savings
Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Step by step
2070km to run
38 days
273,600 calories consumed
28kg of fruit
40kg of vegetables
45 pairs of running shoes
1 yoga matt
1 oxygen chamber
MATCH INFO
Uefa Champions League quarter-final second leg:
Juventus 1 Ajax 2
Ajax advance 3-2 on aggregate
THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
Torque: 250Nm
Price: Dh64,500
On sale: Now
PLAY-OFF%20DRAW
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More coverage from the Future Forum
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The biog
Name: Timothy Husband
Nationality: New Zealand
Education: Degree in zoology at The University of Sydney
Favourite book: Lemurs of Madagascar by Russell A Mittermeier
Favourite music: Billy Joel
Weekends and holidays: Talking about animals or visiting his farm in Australia
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
More from Rashmee Roshan Lall
Timeline
1947
Ferrari’s road-car company is formed and its first badged car, the 125 S, rolls off the assembly line
1962
250 GTO is unveiled
1969
Fiat becomes a Ferrari shareholder, acquiring 50 per cent of the company
1972
The Fiorano circuit, Ferrari’s racetrack for development and testing, opens
1976
First automatic Ferrari, the 400 Automatic, is made
1987
F40 launched
1988
Enzo Ferrari dies; Fiat expands its stake in the company to 90 per cent
2002
The Enzo model is announced
2010
Ferrari World opens in Abu Dhabi
2011
First four-wheel drive Ferrari, the FF, is unveiled
2013
LaFerrari, the first Ferrari hybrid, arrives
2014
Fiat Chrysler announces the split of Ferrari from the parent company
2015
Ferrari launches on Wall Street
2017
812 Superfast unveiled; Ferrari celebrates its 70th anniversary
WHAT%20IS%20THE%20LICENSING%20PROCESS%20FOR%20VARA%3F
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Russia's Muslim Heartlands
Dominic Rubin, Oxford
Yahya Al Ghassani's bio
Date of birth: April 18, 1998
Playing position: Winger
Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
KEY%20DATES%20IN%20AMAZON'S%20HISTORY
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Zayed Sustainability Prize
COMPANY%20PROFILE
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Company%C2%A0profile
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The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Why are asylum seekers being housed in hotels?
The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.
A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.
Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.
The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.
When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.
