Board expected to agree Sir Jim Ratcliffe’s bid for 25% of clubFinancial fair play rules mean extra transfer funds are unlikely
Sir Jim Ratcliffe’s proposed £1.3bn purchase of a 25% share in Manchester United is unlikely to have much impact on the club’s ability to spend in the transfer market.
The United board is expected this week to approve a deal to make the British billionaire a minority shareholder. Ratcliffe would take over running the sporting side of the business but financial fair play (FFP) restrictions make it difficult for any investor to provide extra resources for use on signings.
About Author
More Stories
Gout Gout lights up the track in Brisbane with world-leading 200m time
‘We are favourites’: McLaren are ‘team to beat’ in F1 title race, admits Lando Norris
Arsenal v Chelsea: Premier League updates – live