Manchester United's transfer budget for summer acquisitions will be limited. The reason is known

Under the leadership of Sir Jim Ratcliffe, Manchester United's transfer budget for the summer will be restricted due to Financial Fair Play rules, as reported by The Telegraph.

It is noted that United has spent £555 million in the last three summer transfer windows but has earned very little through player sales. This will significantly complicate matters for INEOS in the transfer market, especially if the club fails to qualify for the Champions League at the end of the season.

Recall that in December, Manchester United announced the sale of a portion of its shares to INEOS for £1.25 billion. The Premier League approved Ratcliffe's purchase of 25% of Manchester United's shares.

The team managed by Erik ten Hag currently occupies the sixth position in the Premier League standings. Earlier, the media revealed some of the main transfer targets for the Manchester club in the summer.