Ratcliffe talks with Elon Musk and Jeff Bezos over Man Utd plan

Sir Jim Ratcliffe floated the idea of involving Elon Musk or Jeff Bezos to help finance a new stadium project.

Ratcliffe, who acquired a 27.7% share in United for £1.25 billion 12 months ago, faces a significant decision: whether to renovate Old Trafford or build a new stadium entirely.

The INEOS chief has described his vision for a "Wembley of the North," as the current stadium has become notorious for its poor condition.

Reports of a mice infestation and a leak disrupting manager Ruben Amorim’s press conference have added to the mockery surrounding the iconic venue.

According to The Athletic, before securing his minority stake, Ratcliffe explored private financing options and considered Musk or Bezos as potential partners.

His rationale reportedly hinged on the belief that the club's global profile could attract the interest of billionaires like Musk, with a net worth of $486 billion, and Bezos, valued at $246 billion.

Since taking a stake in United, Ratcliffe has overseen sweeping changes at the club.

His approach has been described as either frugal or penny-pinching, depending on perspective.

Redundancies have been made, concession tickets scrapped, and the women’s team deprioritized.

Supporters may also face higher ticket prices if stadium redevelopment costs are passed on to them.

Despite the cuts, Ratcliffe has continued to invest in the club.

A £79 million payment earmarked for infrastructure was disclosed in a filing with the US Securities and Exchange Commission, increasing his shareholding to 28.94%.

The funds are part of his effort to revitalize the club, which he admits faces a steep climb to regain elite status.

"Manchester United has become mediocre. It's not elite, and it is supposed to be one of the best football clubs in the world," Ratcliffe told United We Stand in December.

"That's what it used to be under [Sir] Alex [Ferguson]. There is major change to come to achieve elite status. But already, there has been huge change at this club.

"It’s not easy, and it's not quick. It's a complicated problem, and because it has been going for such a long time in this direction, there’s a lot of inertia that has built up in the organisation.

"Trying to turn what has been relatively mediocre into an elite, top team is a big task."

As Ratcliffe weighs his options for Old Trafford’s future, the club’s transformation remains an ongoing challenge.