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Sir Jim Ratcliffe has had a rough time of it since buying 27.7% of Manchester United to control the football operations at the club.
With the club in financial difficulties, the INEOS owner has been carrying out a huge range of cost-cutting exercises to try and ease the pressures.
Whilst these plans have been praised by financial institutions like UBS who run the New York Stock Exchange, they have been heavily criticised as controversial by United fans.
Ratcliffe has sanctioned the removal of concessions from ticket prices, ended Sir Alex Ferguson’s multi-million-pound role as the club’s global ambassador and looked at cutting funding to several affiliated groups.
However, now INEOS have suffered yet another low, thankfully for United fans, unrelated to The Red Devils.
Unfortunately for Sir Jim Ratcliffe, this disappointment was thanks to one of his other clubs OGC Nice.
On Wednesday, the French side were knocked out of the Coupe de France by fourth-tier club Stade Briochin.
Despite holding fifth place in Ligue 1, the French side were recently eliminated from the Europa League as they finished 35th of 36 in the group phase of the competition.
Now, they’ve been knocked out of yet another tournament, unfortunately being the second time the club have been knocked out of the Coupe de France by a non-Ligue 1 team since INEOS took over in 2019.
Nice only have Ligue 1 to concentrate on now, with the side only a point behind Lille and three behind third-place Monaco, with the top four heading to the Champions League.
However, frustrations have previously been brewing within the club about the INEOS ownership.
Back in 2023, then club captain Dante who was on the bench for the most recent loss, commented: “I think at some point you have to be clear in what you’re saying.”
He continued: “To maintain a project, maybe you need to speak less about objectives and work in silence to create an environment of competitors.
“Because the expectation is even bigger, and then after, people are frustrated.”
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Source: Centred Devils
