EPL: Ratcliffe to block Man Utd from making big-money signings this summer

Manchester United co-owner Sir Jim Ratcliffe will not provide a huge budget for summer spending.

According to the UK Telegraph, Ratcliffe and his INEOS team are desperate to avoid breaching Profit and Sustainability Rules (PSR).

This decision will see United not repeat the lavish spending that saw them splash out around £175 million on new players.

Instead, they would rather see young players brought up through the youth academy than bring in expensive established stars.

United can raise more money through the sale of players like Mason Greenwood and Jadon Sancho.

Greenwood and Sancho spent last season on loan at Getafe and Borussia Dortmund, respectively.

The Red Devils are also willing to listen to offers for most of the current first team, except for the likes of younger stars like Kobbie Mainoo, Alejandro Garnacho and Rasmus Hojlund.

EPL: Ratcliffe to block Man Utd from making big-money signings this summer