GOAL's European Team of the 2020s so far

Football on TV in India: Matches to watch & live stream

Olmo registration farce is Barca's ultimate humiliation

Best Online Betting Sites in India - Ranked and Reviewed (2025)

Liverpool showing they were right to pick Slot over Amorim

Rodri responds to ‘unfair’ Ronaldo Ballon d’Or claim 

Maguire's £4m mansion flooded after Man Utd star hosts NYE party

Ronaldo links to PSG shut down after whirlwind transfer rumour

La Liga threatened with lawsuit if Barca are allowed to register Olmo  

Bellingham bags late winner to save baffling Real Madrid

'Break the bank!' - Arsenal told to splash out on £150m-rated star 

<p style="display: none;">Article continues below</p><p style="display: none;">Article continues below</p><p style="display: none;">Article continues below</p><script type="application/json" data-placement="fcplayer-semantic">{"type":"fcplayer-semantic","data":{"embedCode":"//cdn.fcp.codes/embed-code-template/embed-code-template.js#SEMANTIC_5704afb8-c10b-4ba5-9cb4-d7fb6098ef90"}}</script><ul><li>Ratcliffe looking for ways to cut costs</li><li>Set to decrease funding to MU Foundation</li><li>Has already reduced staff in recent months</li></ul><table><tbody><tr><td><a href="https://www.whatsapp.com/channel/0029Va2ivxLJJhzdzbJdwo0n"><strong>Follow GOAL on WhatsApp!</strong></a> 🟢📱</td></tr></tbody></table>

Man Utd to ‘slash funding to their own charity’ as Sir Jim Ratcliffe continues ruthless penny-pinching despite being dubbed ’Scrooge’ by upset fans

Premier League

Liverpool

Manchester United

<p>Ratcliffe and INEOS' latest effort to try and make Manchester United more profitable is to <a href="https://www.goal.com/en-gb/lists/sir-jim-ratcliffe-brutally-criticised-man-utd-fan-group-latest-cost-cutting-measures/blte2159ea1504a766a" target="_blank">slash funding</a> to the club's charity foundation. A report from <a href="https://news.sky.com/story/manchester-united-foundation-among-targets-of-ratcliffe-costs-purge-13281101" target="_blank">Sky News</a> reveals that the Foundation uses around £1 million ($1.25m) per year, which will be curbed from 2025 onwards. The work done by those involved includes raising money for charity, putting on events for groups that include children, as well as providing gifts to those in need. The move from Ratcliffe comes soon after he <a href="https://www.goal.com/en-gb/lists/more-cuts-man-utd-sir-jim-ratcliffe-annual-charity-fund-red-devils-spending/bltcaece7fe322e8d05" target="_blank">axed funding for former players</a>, which has earned him the nickname of Scrooge from fans.</p>

WHAT HAPPENED?

<p>It seems Ratcliffe is doing his best to ignore the criticism he is facing from fans and former players. With Manchester United still struggling to perform on the pitch, Ratcliffe's actions are being magnified to reflect the anger inside and out of Old Trafford. If he continues on this path, he may find his popularity so low that it is hard to recover. </p>

THE BIGGER PICTURE

<p>Since taking over, <a href="https://www.goal.com/en-gb/lists/man-utd-sir-jim-ratcliffe-cost-cutting-measures-accused/blt1bb669a583b55984" target="_blank">Ratcliffe has stamped his authority</a> on the Red Devils, approving mass redundancies, cutting matchday costs, scrapping staff bonuses and parties, and even ending support to Sir Alex Ferguson.</p>

DID YOU KNOW?

<p>It is unknown what Ratcliffe's next move will be but it is very unlikely that the cutting of costs will stop there. With everything the shareholder has changed so far, it is still unlikely to even nearly reach the amount United pays on a weekly basis for their biggest stars.</p>

WHAT NEXT FOR RATCLIFFE?

Man Utd to ‘slash funding to their own charity’ as Sir Jim Ratcliffe continues ruthless penny-pinching despite being dubbed ’Scrooge’ by upset fans | Goal.com India

Manchester United shareholder Sir Jim Ratcliffe is set to cut more costs within the club, this time targetting the Manchester United Foundation.