[Evan Lloyd
Evan Lloyd](https://www.footballinsider247.com/author/evan-lloyd)
Ratcliffe's INEOS became minority shareholders and took control in 2023, in a moment that fans hoped would be positive for the future of the club.
But Man United have only continued to spiral out of control more under his tenure, which has been marred by the mass lay-offs of more than 30 per cent of the club's workforce.
Michael Carrick is the second permanent manager to take over since Ratcliffe's arrival, and he is on course to become the third to be dismissed.
The former midfielder has been given more time, but now faces a difficult three-game run against Chelsea, Roma and Aston Villa to save his job.
'It's a shame you can't sack the owners'
It is not difficult to see that the problems at Man United go a long way beyond just the manager.
"It's a shame really you can't sack the owners, the people in charge of recruitment, the other management staff and some of the players, because that's where the trouble is," King told Football Insider.
"You've got an owner or you've got three owners, the Glazers plus Ratcliffe, who have not got a clue how to run a football club.
"They might be very successful businessmen, but they have not got a clue how to communicate with the supporters, the history of the football club and the people that they brought in.
"Head of recruitment and other positions within the football club, people that they've got rid of, honest people who, in the words of Ratcliffe, 'if we hadn't have done it, the club would have run out of cash.'
Man United hopes of recovery lie in owners sale
The Glazers completed their takeover of Man United in 2005, but the club was held together by Ferguson until his 2013 exit.
Man United never managed to get it right and they still have not, more than 13 years later.
Until the Glazer family finally decide to leave, the situation does not look as if it will ever truly improve. It remains to be seen whether that will ever happen.