Club co-owner’s request for hundreds of millions of pounds to help regenerate local area labelled ‘outrageous’ by critics
Jim Ratcliffe, the co-owner of Manchester United, has been challenged over the proposed use of hundreds of millions of pounds of public funds to deliver his vision of building the “world’s greatest stadium”.
Ratcliffe, who has an estimated fortune of about £12bn, quit the UK for tax-free Monaco in 2020. He is now urging ministers to help support the club’s vision of the stadium with public funds to regenerate the surrounding area.
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