Man United make move to agree deal with specialist to avoid points deduction – sources
Man United have stepped up their search for a new football finance manager, sources have told Football Insider.
New Red Devils part-owner Sir Jim Ratcliffe is completing a total overhaul of staff at Old Trafford since assuming sporting control.
The British billionaire has already made sweeping changes to the club’s structure including the appointment of Omar Berrada as CEO.
A new job listing shows that United are now on the lookout for a football finance manager as part of the ongoing changes.
Sources have told Football Insider that United are pushing to get the appointment done quickly ahead of the summer transfer window.
Man United want new finance expert to avoid regulation breach
It is known that United have been close to the limit of the Premier League’s Profit and Sustainability Rules and have had to carefully monitor their spending in recent seasons.
The new finance specialist will be tasked with “Reviewing and providing guidance on updated financial regulations”.
A breach of the regulations would result in a points deduction as set out by the verdicts given to Everton and Nottingham Forest this season.
Premier League financial regulations are also set to change after top-flight clubs voted this month to change to a model that caps spending to a percentage of overall revenue.
Clubs competing in Uefa competition can spend up to 70 percent of their revenue on transfer fees, wages and agent fees – clubs outside of Europe can increase their spending to 85 percent.
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