The British billionaire's takeover hasn't been the catalyst for an upturn in form for the Premier League club.

Sir Jim Ratcliffe has promised to step down as owner of Manchester United if he fails in his task to restore the club to its former glory. Ratcliffe, who owns around 29% of the club, is in charge of the day-to-day football operations and believes that criticism of his decisions will die down if the team perform strongly.

Ratcliffe believes Manchester United made a crucial error in appointing one manager as Ferguson's successor. His remarks suggest a fresh approach under his leadership as he aims to take the club back to the top.