Manchester United receive huge transfer boost as Jim Ratcliffe investment frees up funds

Manchester United have endured a tough spell this season. Erik ten Hag's men were handed their ninth defeat by Nottingham Forest in the Premier League on Saturday. The Red Devils have now lost five games in December for the first time since 1933.

3 things you need to know

• Manchester United haven't been at their best
• They lost to Nottingham Forest on Saturday
• United are now seventh in the Premier League

Manchester United set to receive huge transfer boost

Despite spending pretty profusely in the summer United have failed to replicate their last season's result. They have already crashed out of the Champions League and Carabao Cup while in the league they stand a distant seventh currently. However, there could be a significant boost for the Red Devils as they will reportedly be allowed to splash big in the summer transfer window courtesy of Jim Ratcliffe's investment into the club. The British billionaire recently acquired a 25 per cent stake in the club and has also been handed the football operations by the Glazers family.

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The INEOS owner's arrival means the Red Devils can now dive deep into the transfer market without breaching the Financial Fair Play rules. United were reportedly interested in getting the service of Harry Kane but stringent FFP rules meant they failed to push for the deal and the England skipper went on to join Bayern Munich from Tottenham Hotspur.

Glazers had refused to inject fresh funds into the club but the end of the long-haul takeover saga would enhance their transfer kitty. A further addition of £90 million would allow the Red Devils to spend big in the summer. A number of players are likely to leave Old Trafford and therefore the club needs to bring in fresh players in order to bridge the gap with Arsenal and Manchester City.

Erik ten Hag reveals INEOS wants to work with him

Ten Hag already revealed that INEOS wants to work with him and their experience would be fruitful for the club. "They want to work with me, I want to work with them, and we will have the conversations, the meetings, we will see.
"I can say in this moment I’m looking forward to the talks with them. In other [football] clubs, they have experience, in other sports, they have a lot of experience, a lot about performance, a lot of knowledge so I’m really looking forward to [seeing] how they can contribute and I’m sure they can.