Man Utd chiefs fear losing millions after Sir Jim Ratcliffe's immigration rant
Manchester United executives are worried about losing significant sponsorship deals due to Sir Jim Ratcliffe's controversial comments on immigration.
Sir Jim Ratcliffe, co-owner of Manchester United, recently made headlines after describing the UK as having been 'colonised by immigrants'. Despite his subsequent apology, the backlash from his statement has been severe, causing concern among Manchester United's management regarding the club's financial prospects. The club, which is currently without a training kit partner and facing an expiring shirt sleeve sponsorship, fears that potential partners may shy away due to the negative impact on the club's image.
The outcry from Ratcliffe's comments led to demands for an apology from notable figures including Prime Minister Sir Keir Starmer. Following the public reaction, Ratcliffe did issue an apology to the Glazers, the club's owners, acknowledging the gravity of the situation. This incident is not just a personal controversy for Ratcliffe but represents a potential financial crisis for Manchester United as they navigate sensitive social issues that could influence their commercial deals.
As Manchester United seeks to stabilize its partnership landscape amid these tensions, the club's senior management has communicated their concerns about the hurdles in securing sponsorships. With the reputation of the club suffering due to Ratcliffe's comments, it remains to be seen how the Glazers and other stakeholders will approach new partnerships moving forward, especially with the looming expiration of key sponsorship deals that are vital for the club's revenue.