Gary Neville believes Jim Ratcliffe would "do the right thing" by Manchester United if he were to complete a takeover.
The Glazer family announced back in November they were exploring options for new investment including the possibility of a sale of the club, opening the door for prospective bidders to make their move to complete a takeover.
This week, Ratcliffe, who previously failed with a takeover bid for Chelsea, announced his intention to enter the bidding process for United, his boyhood club.
Neville feels that Ratcliffe could be the ideal candidate to take stewardship should a takeover be completed, though urged caution on what a takeover would entail.
"The main thing is the Glazers leave as quickly as possible, but the second thing is if whoever takes over, if they could hand it over to people who have feelings for the club, that would be great," he told Sky Sports.
"Jim Ratcliffe, he was born in Manchester, he knows the area. If he wins it, I think there would be a lot of very happy Manchester United fans as he would want to do the right thing by the club. I'm sure he would.
"I don't think that United can afford to be with another investment fund that would expect a return on the money, that's what worries me about private equity coming into football because, ultimately, they want a return on their investment.
"It might be that United aren't like this club here [Manchester City] or Newcastle or other clubs who have benefactors, who are willing to let them live debt free, not leverage the club, and United need a debt-free football club with someone who is willing to put money into it."
Asked what the priority for any new owner taking charge of United should be, Neville outlined performances on the field and improving the club infrastructure as the two most crucial elements.
"The priority for the new owner has to be winning, a winning Manchester United club is difficult to stop, we've seen that in the past. At that point, United become a very dangerous football club," he added.
"The priority has to always be football performance. Then you're talking about fan experience, which means the stadium has to be world class, and it's not at this moment in time, it falls behind many stadiums that you come to.
"There needs to be investment in the team to get them winning and investment in the facilities, the fan experience. For me, they would be the two priorities."
Brighton 0-4 Manchester City: Foden at the double as champions leapfrog Liverpool
Phil Foden scored twice as Manchester City leapfrogged Liverpool and kept the Premier League title race in their own hands by thrashing Brighton 4-0.
Foden moved onto 16 league goals for the season with a first-half brace at the Amex Stadium, seeing a free-kick deflect past a wrongfooted Jason Steele before stroking home after some reckless play from the Seagulls.
De Bruyne had earlier given City the lead with what was his 68th Premier League goal but the first with his head, as Pep Guardiola's men made light of Erling Haaland's injury-enforced absence.
Julian Alvarez added a fourth as City pulled two points clear of Liverpool and within one of Arsenal with a game in hand, knowing five further wins will guarantee they retain their crown.
Brighton, meanwhile, stay in the bottom half with 44 points, having been surpassed by Bournemouth on Wednesday.
Nathan Ake could not keep his shot down when presented with the first half-chance after a low-key start, but City went ahead with a brilliant goal after 17 minutes.
Foden slipped Kyle Walker in on the right flank, and De Bruyne watched the full-back's cross all the way before sending a wonderful diving header into the top-right corner.
There was more fortune about City's second, which arrived just nine minutes later as Foden's free-kick deflected in off Pascal Gross amid Brighton complaints about how Foden won the set-piece.
Brighton only had themselves to blame when Foden got his second after 34 minutes, though. Valentin Barco conceded possession cheaply on the edge of his area, and Foden swept the loose ball into the bottom-left corner.
Ederson denied Joao Pedro as Brighton improved in the second half, but City had further daylight just after the hour mark, Walker breaking in behind and beating Steele to a loose ball, with Alvarez on hand to turn home.
Brighton were enraged when Josko Gvardiol avoided conceding a penalty for a clumsy challenge on Pedro, who skewed wide late on as City – who went close to a fifth through Jeremy Doku late on and face struggling Nottingham Forest next – claimed a statement win.
Foden's star still rising
Foden has emerged as the favourite to be crowned Premier League Player of the Season, and he has gone up a gear in the run-in, also scoring a hat-trick on his last league appearance when City thrashed Aston Villa 4-1 earlier this month.
He was in imperious form again on Thursday, even if Brighton's fans were not happy with the way he went down for the free-kick that ultimately resulted in his first goal.
That strike was Foden's 50th in the Premier League, making him just the third player to score 50 top-flight goals under Guardiola while aged 23 or younger, after Lionel Messi and Erling Haaland.
It is no wonder Brighton's fans are sick of the sight of the England man; he has eight goals in his last eight Premier League appearances against the Seagulls, more than he has scored against any other club in the competition.
Seagulls' wings clipped
Hampered by injuries to the likes of Pervis Estupinan, Kaoru Mitoma and Evan Ferguson, Brighton have seen their European hopes falter in recent weeks and now appear to be limping to the finishing line.
Roberto De Zerbi's team are winless in their last five Premier League games (two draws, three defeats) and sit six points adrift of the top seven with matches against Bournemouth, Aston Villa, Newcastle United, Chelsea and Manchester United to come.
Brighton have even seen their supply of goals dry up, scoring just four times in eight league matches since thrashing Sheffield United 5-0 in February.
Foden matches Messi and Haaland feat with 50th league goal under Guardiola
Phil Foden equalled the feats of Lionel Messi and Erling Haaland when he scored his 50th league goal as Manchester City stormed into a 3-0 lead against Brighton.
Foden scored twice in the first half at the Amex Stadium on Thursday, setting Pep Guardiola's team on the way to a potentially pivotal win in the Premier League title race.
The England international's first, which came after Kevin De Bruyne's excellent diving header, came as his free-kick deflected in off the unfortunate Pascal Gross.
It was that goal that marked Foden's 50th in league football, with all of those coming under Guardiola.
That makes Foden just the third player to score 50 league goals under Guardiola while aged 23 or younger, after City team-mate Haaland and Barcelona great Messi.
Foden netted his 51st Premier League goal soon after, drilling in after City capitalised on some slack Brighton play.
Man Utd matchwinner Fernandes: Criticism part of the job
Bruno Fernandes said Manchester United's players cannot afford to get annoyed by outside criticism, after he scored twice to fire the Red Devils to a much-needed win over Sheffield United.
Erik ten Hag's team were roundly criticised for their performance in Sunday's FA Cup semi-final against Coventry City, as they surrendered a 3-0 lead to draw 3-3 before inching through in a penalty shoot-out.
They had also gone four Premier League games without a win (three draws, one defeat) prior to Wednesday's meeting with the rock-bottom Blades, with their hopes of Champions League football all-but over.
They twice trailed as Sheffield United threatened a huge upset, but Fernandes scored twice and supplied an assist as they fought back to claim a 4-2 win.
Asked whether the noise around Sunday's semi-final win had affected the mood at Old Trafford, Fernandes told Sky Sports: "That's part of the job.
"You can be in a run of games where you win eight or nine in a row, and when you lose one you know you'll be criticised.
"Being at Manchester United demands winning every game, so it's part of the job. If there is anyone in the dressing room still not used to that, they will get used to it!
"Being a Manchester United player demands being ready to receive as much criticism as praise. We receive praise when we do good things so we can't be annoyed by the criticism.
"When people want to do that, they might have a point. We can think in a different way, but we have to take it in the same way as we take the credit they give us."
Ten Hag's team did look disjointed for long periods on Wednesday, though, and they have now conceded 50 Premier League goals this season.
The Red Devils have now shipped a half-century of goals in two of their last three Premier League campaigns, having done so just once in their previous 29.
Ten Hag, though, was content with most aspects of their performance, saying: "It was a good game for the crowd, they saw four goals and many chances that we created.
"I think we played quite well, we created many more chances, so there's many positives. But also negatives. Conceding two goals from giveaways, that's unacceptable.
"We want to play dynamic, attacking football. That is what we want to see. Since the winter we have created lots of chances and also scored a lot of those chances."
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