What Sir Jim Ratcliffe has said about Premier League FFP rules amid Man United fear

The Premier League's Profit and Sustainability Rules (PSR) have become a burden for many clubs over the last 12 months and this summer is no different.

On Sunday (June 30), the financial year for 2023/24 will come to an end. While the date isn't officially recognised, it represents the final cut-off point for compliance to the rules and one last opportunity for clubs to balance their books.

Simply put, sell a player and you're much better off. Fail to raise funds via player sales and the possible punishment for breach could face you later on.

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The problems and disagreements on the current rules in place have led to a number of clubs, seemingly, working together towards solutions. Aston Villa, Chelsea and Everton are all clubs thought to be extremely wary of the PSR and have all been involved in dealings over the last 10 days.

Ian Maatsen is close to leaving Chelsea to Villa with Omari Kellyman moving the other way. Lewis Dobbin has left Everton for Aston Villa and midfielder Tim Iroegbunam moving to Goodison Park. Such deals have been suggested to be clubs seeking loopholes within the rules.

The rules have continued to split opinion and earlier this month, Manchester United's minority owner, Sir Jim Ratcliffe, warned the Premier League over the regulations. It is thought the club are confident that they will not fall foul of breaching PSR after a quiet January transfer window.

However, Ratcliffe has said the Premier League needs to be "careful" in how the regulations impact the 20 clubs. Speaking to Bloomberg, he said: "We've got more accountants than we've got sporting people at Manchester United.

"If you're not careful, the Premier League is going to finish up spending more time in court than it is thinking about what's good for the league."