Gary Neville outlines next step for Sir Jim Ratcliffe amid £245m Manchester United investment reports

Gary Neville says Sir Jim Ratcliffe must outline how he intends to implement his reported £245m investment into Manchester United infrastructure facilities, and especially so regarding Old Trafford.

The INEOS billionaire is supposedly set to inject the cash in stages alongside his £1.3billion purchase of a 25 per cent club stake. Neville says such a figure will not allow United to compete with the world elite when it comes to stadiums, but it is a start.

"What we need to hear is the full proposal and how it is going to work,” he told his Sky Sports podcast when speaking about Ratcliffe’s rumoured investment.

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"You don't sit here as a Manchester United fan wholly impressed by the idea of £245m going in to improve the stadium because we know that Real Madrid and Barcelona are spending a billion to get their stadiums right with a full refit, and we know that other clubs have spent significantly more.

"So, we know that is not actually going to touch the sides properly of a full refurb of Old Trafford but what it is, is a significant amount of money - and Sir Jim Ratcliffe is a smart and successful businessman.

"He's not going to put £245m into something and let it go down the drain, so I suspect it is probably the first instalment of some sort of plan that means that they will phase the refurbishment of the stadium over two or three different seasons. It sounds to me like they will do it in phases."

There have been numerous reports of the roof leaking at Old Trafford within the last few years with many criticising the Glazers for allowing other areas of the ground to fall into