Greenwood, who is on loan at Spanish side Getafe, was suspended by United on January 30, 2022 over allegations relating to a young woman after images and videos were posted online.
The now 22-year-old faced charges including attempted rape and assault but the Crown Prosecution Service announced in February last year that the case had been discontinued.
Reports last year that United were planning to retain him following an internal investigation were met by public outcry and Ratcliffe acknowledges that a decision will have to be made when Greenwood returns about what happens next – but insists nothing has been finalised yet.
“It’s quite clear we have to make a decision. There is no decision that’s been made,” Ratcliffe said at a media briefing to mark the completion of his purchase of a minority stake in United which delegates control of football operations to his company Ineos.
Asked asked if the Greenwood situation would be a “fresh decision”, Ratcliffe said: “Yeah we will. Absolutely. We will make a decision, and we will justify it one way or the other.”
Ratcliffe added: “He’s on loan obviously, but he’s not the only one – we’ve got one or two footballers that we have to deal with and we have to make a decision on, so we will do that.
“The process will be – understand the facts, not the hype, and then try and come to a fair decision on the basis of values, which is basically: is he a good guy or not?
“Could he play sincerely for Manchester United, (play) well and we’d be comfortable with it and the fans would be comfortable with it.”
Greenwood is under contract at United until the summer of 2025.
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