Manchester United legend Eric Cantona has torn into co-owner Sir Jim Ratcliffe for the way his new regime has "destroyed everything" and doesn't "respect" what the club stands for.

Sir Jim Ratcliffe’s INEOS Britannia has withdrawn its challenge for the next America’s Cup. It has alleged the decision was due to the “protracted negotiations” with Athena Racing, the team of INEOS Britannia’s former team principal and skipper Sir Ben Ainslie.

(Reuters) -INEOS Britannia has withdrawn its intention to challenge for the next America's Cup after failing to reach a settlement with former skipper Ben Ainslie's team Athena Racing, the team backed by INEOS chief Jim Ratcliffe said on Wednesday.