Sir Jim Ratcliffe Manchester United
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Earlier this year, Sir Jim Ratcliffe made a bold claim that his involvement in Manchester United had saved the club from going bust by Christmas 2025. Now, the truth of that seems to be becoming clearer.
Since the INEOS owner took charge of the operations at Old Trafford with his 27.7% stake of United, major changes have been made, with most being significantly controversial.
The club have laid off 450 members of staff, completely rearranged their hierarchy, gone through two coaching teams, hiked ticket prices, and reduced funding to the club’s associated groups.
Even more controversially, with all these cost-cutting measures, Ratcliffe is also planning a £2 billion development of a new stadium for the club.
All that said and done, The Athletic has now reported how each of the Premier League sides are fairing when it comes to Profit and Sustainability Rules (PSR).
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Sir Jim Ratcliffe saves Manchester United from breaching PSR
The report suggests that United are currently safe from breaching PSR and can afford to lose £141 million before they come to breach the regulations.
The Athletic have deemed United as being safe as from UEFA’s most recent European Club Finance and Investment Landscape report, the club’s pre-tax loses for the last two seasons were £19 million and £36 million.
As such, even the two years combined wouldn’t be enough to breach PSR this year, with the club being even more cautious now since Ratcliffe took over than in previous years.
However one key finding in their report was that Ratcliffe’s investment in the club took United’s three-year PSR loss limit from £15 million to a massive £105 million, giving credibility to his earlier claim.
As such, it’s expected that, thanks to Ratcliffe, United are going to be safe with any transfer business they carry out this summer.
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