Manchester United can reportedly spend big following Sir Jim Ratcliffe’s investment into the club. It is claimed the British billionaire’s arrival will substantially increase the Red Devils’ transfer kitty heading into the summer window.
Ratcliffe’s purchase of 25 per cent of United’s shares was finally agreed on Christmas Eve. It brought to an end a long-running takeover saga which first started in November 2022 when the Glazer family signalled their intent to sell.
The investment has not yet been ratified and the process could take up to six weeks. But Ratcliffe and INEOS are fully expected to be in place for the back end of the current season as they build towards the summer window.
Sir Dave Brailsford will be on the board at United and has already been spotted in the crowd at the club’s last two matches. United fans have been keen to discover what INEOS’ arrival will mean for their transfer budget.
And a report from The Times claims it is good news. Ratcliffe’s arrival will enable United to splash the cash this summer without breaching Financial Fair Play (FFP) rules.
United were wary of FFP last summer and pulled out of the running for top target Harry Kane. Their recruitment has also been restricted by the Premier League’s profit and sustainability rules (PSR).
The Times says United have been unable to spend near the higher end of the PSR because the Glazers were not willing to inject additional capital. But it is claimed that Ratcliffe’s deal will prevent that restriction from happening in the future.
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