According to British media, Ratcliffe said that he wants to measure success by sports titles and wants every member to focus maximally on this goal.
Ratcliffe also confirmed that he will make major improvements at Old Trafford and the Carrington training center.
Billionaire Jim Ratcliffe visited Man Utd’s Old Trafford in March 2023.
Ratcliffe emphasized that Man Utd has failed in the past decade.
Ratcliffe’s talk received applause from the staff.
Ratcliffe’s frank assessment of sports in the post-Alex Ferguson era is also in stark contrast to the assessments of previous leaders.
Joining Ratcliffe on stage was Dave Brailsford, Sports Director of INEOS Group.
Brailsford began his job at Man Utd with a visit to Carrington on New Year’s Eve, the day after the team lost 1-2 to Nottingham Forest in the Premier League.
On January 3, Ratcliffe and Brailsford spoke with Erik Ten Hag, a meeting that the Dutch coach described as very positive.
On December 24, after nearly a year of negotiations between the Glazer family and investors, Man Utd announced an agreement with Ratcliffe.
After buying a 25% stake, Ratcliffe will hold the sports segment, while the Glazer family will still hold the majority stake and the commercial segment.
Ratcliffe is the founder, Chairman and CEO of INEOS petrochemical corporation.
Since former coach Alex Ferguson retired in 2013, Man Utd has not regained the Premier League and Champions League.