Sir Jim Ratcliffe understands why Man City are challenging Premier League financial rules and warned the competition faces 'ruin' if regulation goes too far.
Manchester United co-owner Sir Jim Ratcliffe understands why rivals Manchester City are challenging Premier League financial rules and warned the competition faces 'ruin' if regulation goes too far. City are suing the league over its associated party transaction rules, which are designed to ensure commercial deals linked to a club's ownership are done for fair market value. Ratcliffe sympathised with City, and told Bloomberg: 'I can understand why they are challenging it.
multi-club ownership rules and allow United and Nice to compete side by side in the Europa League. revealed last month this would be an option for next season only, beyond that and shares would have to be sold in order to comply. Ratcliffe said it was 'not intention' to sell Nice, and spoke about how he saw the Cote d'Azur club being able to develop players for United and also utilise their position within the European Union to sign promising U18 footballers, something United are unable to do.
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