Manchester United FFP stance emerges as Sir Jim Ratcliffe gets tough on numbers

It has been reported that Sir Jim Ratcliffe has prohibited some employees from using company luxury vehicles as Manchester United aims to prevent overspending. The club is confident that they will not violate Premier League Profit and Sustainability Rules, as they did not make big transfers in January. Ratcliffe appears to be eager to control extravagant spending in order to prevent United from reaching their cash-loss limits again. The Times reports that INEOS intends to retain current football director John Murtough and technical director Darren Fletcher, but negotiations for potential replacements Dan Ashworth and Jason Wilcox have been causing frustration. Find out more: I observed Sir Jim Ratcliffe’s response during the Manchester United vs Chelsea match – the Glazers should pay attention. Latest updates on Erik Ten Hag’s future at Manchester United, with reports of efforts being made to bring in Julian Nagelsmann and Gareth Southgate. Newcastle United has placed their sporting director Ashworth on leave and is requesting a £20m compensation fee, after Southampton rejected their initial salary offer for Wilcox. Ratcliffe is hesitant to pay high fees as it would affect Financial Fair Play regulations. The 71-year-old has enlisted Interpath Advisory to analyze the club’s spending, and the final report will be completed by the end of the season. Initial findings show that the club is spending a significant amount of money inefficiently, and INEOS has been given recommendations on cutting costs. Ratcliffe has reportedly prohibited certain administrative staff members from utilizing chauffeur-driven private vehicles as part of his strict measures. The report states that corporate credit cards used by department heads will also be stopped. Interpath is conducting a cross-department audit in two stages, with the first phase focusing on suppliers, utilities, and travel expenses. The next stage will focus on analyzing the costs associated with business operations and employees, although the company will not be making any recommendations on who to sell. The Times reported that Erik ten Hag has been involved in discussions about the upcoming summer and next season, including transfers and pre-season plans, however, his position will be determined at the end of the current season. Ratcliffe has not publicly expressed his support for the United manager when evaluating ten Hag’s performance, and it is understood that he has some reservations about him. Murtough, a member of the board, is viewed as having earned some credibility for his work up to this point, as he was recently in talks with key figures at Barcelona, Real Madrid, and Atletico Madrid to maintain relationships.

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