Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Thursday 28 August 2025 12:28 pm  |  Updated:  Thursday 28 August 2025 12:29 pm

Manchester United upset a triumph of culture over cash, says Grimsby chief

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google
Grimsby Town stunned Manchester United on penalties in the Carabao Cup second round
Grimsby Town stunned Manchester United on penalties in the Carabao Cup second round

Grimsby Town’s co-owner Jason Stockwood says their shock Carabao Cup defeat of Manchester United was a triumph of “great culture” over “buying success”.

The League Two side stunned their Premier League opponents in a penalty shoot-out, having earlier taken a two-goal lead before being pegged back to 2-2 after 90 minutes.

Grimsby’s squad has an estimated value of just £3m compared to Manchester United’s £769m, including £200m summer signings Matheus Cunha, Benjamin Sesko and Bryan Mbeumo.

“If you have a great culture, great coaches, players with real talent, ambition and heart – culture matters. Culture can trump trying to buy success sometimes,” said Stockwood.

Grimsby are expected to bank £100,000 to £150,000 in TV fees from their elimination of United, which was broadcast live on ITV. 

Manchester United captain Bruno Fernandes is reported to earn £300,000 a week.

The result is the latest setback to British billionaire Sir Jim Ratcliffe’s attempts to revive his boyhood club and piles further pressure on manager Ruben Amorim.

Cup win ‘puts Grimsby in global spotlight’

The Mariners have been drawn away at crisis club Sheffield Wednesday, who also pulled off an upset against Leeds United, in the third round of the Carabao Cup.

“We’ve got a long-term plan for the club, and we’re trying to use that to elevate the aspiration, the quality, the professionalism and the standard of football as a catalyst for the region,” Stockwood, who is also Grimsby’s vice-chair, told PA.

“We’re trying to tell a positive story about the quality of people, the spirit of the people and what the town can be.

“We’re transitioning from a post-industrial fishing port to a green energy powerhouse. It’s happening already, and we want the world to sit up and pay attention.

“Last night was just a wonderful marker for us to put us in the spotlight globally.”

Play Video
Read more

Manchester United bank eight-figure fee from Amazon All Or Nothing deal

Business professionals discussing strategy at a conference table, highlighting teamwork and collaboration in a modern offi...

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News
  • Sport

Categories

  • Business
  • Sport
  • Sport Business

People & Organisations

  • Benjamin Sesko
  • Bruno Fernandes
  • Carabao Cup
  • football
  • Grimsby Town
  • Jason Stockwood
  • manchester united
  • Matheus Cunha
  • Ruben Amorim
  • sir jim ratcliffe

Related Topics

  • Football

Trending Articles

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

  • Revealed: Secret Treasury plan to tax State Pension before it is paid out

  • Burnham’s new chief of staff ran City firm advising Thames Water and rival Heathrow bidder

  • As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

  • As it happened: FTSE 100 scrapes into green after Segro’s surge; Oil at pre-war levels after Trump snaps at industry

More from City PM

  • Manchester United bank eight-figure fee from Amazon All Or Nothing deal

    Sport Business
    Business professionals discussing strategy at a conference table, highlighting teamwork and collaboration in a modern offi...
  • Everton chief calls for full review of England academy talent funding

    Sport Business
    Getty Images logo displayed on a digital screen with vibrant colors, symbolizing media and photography expertise.
  • Manchester City now worth £7.5bn, says chairman Al Mubarak

    Sport Business
    Getty Images logo on a digital screen, representing stock photography service for news and media platforms
  • Manchester United secure site for new stadium after switching location

    Sport Business
    Foster Partners architecture firm showcases innovative building design, highlighting sustainable and modern elements in ur...
  • Manchester United debt pile may force owners to fund new stadium

    Sport Business
    Breaking news conference with diverse group of professionals discussing current global economic trends and financial strat...
  • Everton ‘surprised and angered’ at losing £40m legal case with Burnley

    Sport Business
    GettyImages 2272351712 showing a business meeting with diverse professionals discussing strategies around a conference table
  • Can football conquer the US? Why culture is key this World Cup

    Sport Business
    GettyImages 2281127577 featuring a significant news event or business setting, capturing key moments and interactions
  • The fallacy of blaming rich footballers for inequality

    Opinion
    Cristiano Ronaldo celebrates a goal during the 2026 World Cup match on June 17, showcasing his iconic jersey and skills.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM. All rights reserved.
About · Contact · Terms · Privacy