Man Utd free to spend ‘several hundred million’ in transfer window as Sir Jim Ratcliffe investment exploits loophole

SIR JIM RATCLIFFE’S Manchester United takeover can spark a summer transfer spree of “several hundred million” – due to Financial Play rules.

The INEOS chief’s 25% takeover would free United for what could be the Premier League’s biggest-ever splash-out in a single window.

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Sir Jim Ratcliffe’s arrival is tipped to mean a summer transfer bonanza[/caption]

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Man Utd missed out on players like Harry Kane, who joined Bayern Munich[/caption]

Ratcliffe‘s investment should be ratified by football chiefs within four to six weeks.

And The Times suggest that will mean an end to the struggled United faced last summer – when they missed out on big names like Harry Kane due to spending regulations.

Clubs cannot lose more than £15million a year over a three-year period due to the Premier League’s Profit and Sustainability Rules.

But owners are allowed to pump money in.

And that’s where Ratcliffe is expected to make a big difference.

United‘s majority stakeholders the Glazers have taken money out, not in.

But Ratcliffe is tipped to plough funds in.

On top of his 25% investment, Britain’s richest man will gain full control of United’s football operations.

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He has also promised to put in a further £135m in the next year and £100m in the 12 months after that.

That would raise his overall stake in the Red Devils to 29% and free up a major increase in transfer budget.

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