Co-owner Jim Ratcliffe says cost-cutting was essential to save Manchester United before announcing new stadium
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00:00Manchester United would have run out of cash by the end of this year, by the end of 2025,
00:07after me having put 300 million dollars in, and if we buy no new players in the summer,
00:13if we hadn't implemented all the cost programmes and restructurings that we have done over the last
00:2112 months. We're not perfect and we're on a journey and, you know, there have been a couple
00:27of areas along the way, but I think in the main, all the things that we're doing are the right
00:31things for the club and the club's going to finish up in a very, very different place in three years
00:35time to where it's been in the past, in my view. I think it will become the most profitable club
00:40in the world. In three years time, Manchester United will be, that will be my prediction for
00:44Manchester, it will become the most profitable club in the world. I think we may well finish up
00:49with the most iconic football stadium in the world and I think we will finish up winning
00:54silverware again.