Ratcliffe's petrochemical business, Ineos, has faced challenges in recent years. He acknowledged this in a previous interview, stating that the company is not in the same strong position as it was a few years ago. According to Ratcliffe, the main reason for this decline is the high energy prices in Europe, which makes it difficult for industrial companies to operate profitably. He compared the situation to the energy prices in the US, where many of Ineos' competitors are based.

The high energy costs have significantly impacted Ineos' business, leading to a decrease in Ratcliffe's wealth. This situation may have implications for Manchester United, as Ratcliffe's financial situation could influence the club's decisions and investments.