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Why Man Utd New Investor Ratcliffe Won’t Be Able To Spend Big This Summer 

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Newly investor Jim Ratcliffe efforts to strengthen Manchester United’s squad in the summer transfer window may be severely hindered by financial fair play restrictions.

Over the course of the last three summer transfer windows, United has spent about £555 million, and player sales have not been able to cover this expenditure. According to The Telegraph, this limits the amount of money that incoming half owners Sir Jim Ratcliffe and INEOS can spend on the first team until the 2024–25 season.

READ ALSO: Man United Have ‘Most Expensive Squad Ever’ As They Beat Real Madrid’ Record 

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United may be limited even further should they fail to finish in the Premier League’s top four and secure a place in next season’s Champions League, as they will miss out on at least £40m ($51m) for reaching the group stage.

Ratcliffe will now oversee football operations for the Old Trafford club after being officially acknowledged as a co-owner on Tuesday. He has already begun to make a big impact in the background, luring Omar Berrada from Manchester City to assume the role of CEO and negotiating the hiring of Newcastle’s Dan Ashworth as sporting director.

Ratcliffe and head coach Erik ten Hag are hoping to place in the English top four and earn a spot in the Champions League for the next season. United is five points behind Aston Villa in fourth place in the standings, presently occupying the sixth spot.

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