Ratcliffe met with manager Ruben Amorim for crisis talks, according to reports.
The meeting had reportedly been scheduled in advance, allowing Ratcliffe to express his support to Amorim.
Manchester United's season has been marked by a single win, a late penalty against Burnley last month, and an early exit from the Carabao Cup at the hands of League Two team Grimsby.
Despite the challenges, Ratcliffe has indicated that Amorim's team has shown improvement compared to the previous season under Erik ten Hag.