The Premier League is set to abandon Profit and Sustainability Rules in favour of a move to a version of UEFA's squad cost ratio rule - and Man United are well placed to take advantage
The task for Sir Jim Ratcliffe at Manchester United is how to turn around the fortunes on the field of a football club that has suffered from years of neglectful ownership.
The landscape is different now, however. It is no longer a case of who can spend the most; it is about who can be smarter with what they have and how they use it. Part of the Ratcliffe plan at United is to address sizeable club costs and work smarter, and his desire to make these changes arrives at a time when Premier League clubs are likely to vote around a new set of financial controls - potentially in time for next season - that will replace PSR, a model that is now deemed unfit for purpose. It is likely that the Premier League adopt a model in line with what UEFA already has, which is a squad cost ratio.
Nothing concrete has yet been presented, although various reports have suggested that the Premier League may impose a 70% threshold on clubs in regular European competition, with those outside of that revenue stream allowed an 85% squad cost ratio.Using the 2022/23 financials, United’s wage bill stood at £331m after wage drops resulting from a lack of Champions League qualification kicked in.
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