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Moritz said he was first made aware of the Pirates after reading an article online, and following some initial calls he met those running the club late last year.

After further talks, Stonewood committed money to the club and agreed to take a place on the board of directors.

“We had a meeting of the minds, so to speak, in terms of what we could add and what the club was offering, and it wasn’t very long after that that we formalised a framework for an investment,” Moritz said.

“I think we’re going to be involved at the board level, and that means to us that we are involved in important decision-making.

“We are certainly not operations people, we’re not going to get involved in the day-to-day operations of the club.

“But, as in any of our investments, we do care about the strategy, the direction, how we can help, and those things are done more at the board level than the day-to-day grind, so to speak, of the club.”

Moritz said he had no timescale on how long he and his firm would stay involved with the Pirates, or what sort of return they were looking for on their investment.

But he is confident that with Stonewood’s input the club will grow and become a more attractive asset.

“We never really know how we’re going to get a return on any of our investments,” he said.

“We assume that we will do the right things by the enterprise, and grow the value of the investment… and then how we exit, and when we exit, it’s always up in the air, and we don’t really try to make too specific a claim on when that might happen.

“We find that if we do the right things by the investment, we grow it, we execute the strategies that people think will take us to a better place, all good things happen at that point.

“So, when we are there, we’ll realise that there’s been enough accretion and value that we’ve done what we can do, and at that point, maybe we’ll have an exit.”

Manchester United co-owner Sir Jim Ratcliffe remains one of the 10 wealthiest people in the United Kingdom, though his estimated wealth has dropped by almost £2billion.

British newspaper the Sunday Times published its 2026 Rich List on Friday, which names the 350 richest people in the UK.

Several others involved in sport, including active and retired sportspeople and team owners, have made the list. These include former England, United and Real Madrid midfielder David Beckham, who has become the first British billionaire sportsman.

Ratcliffe’s estimated wealth is just over £15.19bn ($20.53bn), down from £17.046bn in 2025. This drops him one spot to ninth on the list, behind Russian financial trader Alex Lerko. Sanjay and Dheeraj Hinduja and the Hinduja family, who own the multi-national conglomerate the Hinduja Group, occupy top sport with an estimated wealth of £38bn.

Ratcliffe, 73, made his fortune through chemicals company INEOS, which he founded in 1998. He topped the Rich List in 2018 as the UK’s richest person with an estimated wealth of £21.05bn.

Ratcliffe purchased a 25 per cent stake in United in December 2023, giving him control over sporting matters at the club. His sports portfolio also includes the Mercedes F1 team, of which he owns a third, French football club Nice, Swiss team Lausanne-Sport and the Ineos Grenadiers cycling team.

Since his investment, United have recorded Premier League finishes of eighth and 15th, though the team have improved this season, securing Champions League qualification with three games to go and currently sitting third in the top flight table.

United also won the FA Cup under Erik ten Hag in 2024 though he was sacked later that year and replaced by Ruben Amorim, who himself was dismissed in January 2026.

Ratcliffe has overseen the £50m redevelopment of the club’s Carrington training complex and announced plans to replace Old Trafford with a new 100,000 capacity stadium, forecast to cost £2bn.

In his first year at the club, Ratcliffe implemented drastic cost-cutting measures that saw hundreds of staff members lose their jobs, which he claimed were necessary last year to stop the club running “out of money at Christmas”.

Ratcliffe drew significant criticism this year after stating that he believes that the UK “has been colonised by immigrants”, with British prime minister Sir Keir Starmer, mayor of Greater Manchester Andy Burnham and United supporters groups all condemning his words. Ratcliffe later said that he was “sorry that my choice of language has offended some people”.

A number of others involved in sport were named on the list, including:

• Bernie Ecclestone and family: £2bn
• Sir David and Victoria Beckham: £1.185bn
• Barry and Eddie Hearn: £1.035bn
• Ben Francis: £800m
• Sir Lewis Hamilton: £435m
• Tom and Phil Beahon: £350m
• Rory McIlroy: £325m
• Anthony Joshua: £240m
• Tyson Fury: £162m
• Harry Kane: £110m
• Sir Andy Murray: £110m