Man Utd opposes proposed Premier League rule changes favoring smaller teams
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2. Manchester United co-owner Sir Jim Ratcliffe is reportedly opposed to a new proposed rule in the Premier League which would link the amount a team can spend on wages to the amount of TV money earned by the bottom side.
3. The intended purpose of the proposed rule change is to maintain competitive balance in the English top flight and reduce the financial gap between the Premier League and the Championship.
4. According to reports, the proposed wage cap would be set at five times the revenue earned by the bottom club, potentially impacting teams like Manchester United.
5. United’s opposition to the rule change is being driven by Sir Jim and his INEOS team, with concerns that the wage cap could limit their ability to propel the club back to the top of English football.
6. The new rules are not expected to be implemented until the 2025/26 season, and it remains to be seen whether United’s stance will influence the outcome.
7. Premier League clubs are also considering replacing Profit and Sustainability Rules with new guidelines that may include a ‘luxury tax’ for violators and the possibility of points deductions for teams that disregard the rules.
8. Both Everton and Nottingham Forest have faced points deductions this season and are at risk of relegation to the second tier, highlighting the potential consequences of violating the new guidelines.
9. In addition, cost controls similar to UEFA’s regulations regarding spending on wages and transfers may also be adopted by the Premier League.
10. Sir Jim Ratcliffe is preparing for his first summer at Old Trafford after assuming control of United’s sporting operations, with the club facing a potential financial hit if they miss out on Champions League qualification.