Sir Jim Ratcliffe has already been pretty clear about his disdain for the Premier League’s financial controls that are in place.
Having acquired a 27.7% minority stake in Manchester United at the start of the year, the deal seeing the Glazer family cede power when it came to decision-making regarding football matters and what happens with Old Trafford, Ratcliffe has been forthright in his opinions.
In a recent interview with Bloomberg, Ratcliffe expressed his concern that the Premier League’s approach to financial regulation could be detrimental to the health of the competition, which is the world’s most watched and popular domestic football league, in the long term.
Ratcliffe said: “The Premier League is probably the most successful sporting league in the world, certainly the most successful football league in the world. And we have this expression in northern England: ‘If it ain’t broke, don’t fix it
“If you start interfering too much, bringing too much regulation in, then you finish up with the Manchester City issue, you finish up with the Everton issue, you finish up with the Nottingham Forest issue – on and on and on. 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. We have got the best league in the world, don’t ruin that league for heaven’s sake.”